During an interview with EW's Music Mix, Aerosmith's lead guitarist Joe Perry discussed the latest album the band has been working on.
In the interview, Perry accidentally let it slip that the album could be an exclusive to Wal-Mart.
They would not be the first band to go this route. Music legend AC DC released their Black Ice album through the mega retailer while the Eagles did the same with their Long Road Out of Eden album.
Implications - With so much pressure being put on industry execs after Walmart and Sony -- two big name companies -- backing the streaming of this music you can bet this record will be out in the near future, at least I hope so. Both parties can benefit from having exclusive rights to an album.
Why This Trend Is Growing
- Exclusive Retail Partnerships
- Opportunity for musicians to partner with retailers like Walmart to create exclusive album releases.
- Streaming Music Collaboration
- Collaboration between big name companies like Walmart and Sony to promote and stream music online.
- Revival of Classic Rock
- Renewed interest in classic rock bands like Aerosmith, AC/DC, and the Eagles releasing new albums.
Industries Being Reshaped
- Retail
- Retailers like Walmart offering exclusive album releases and partnering with musicians.
- Music Streaming
- Opportunity for collaboration between streaming platforms and music companies to promote and distribute exclusive album releases.
- Music Production
- Increased demand for new album releases from classic rock bands, creating opportunities for music production companies and studios.
