KORN Keeps Cool Amid High-Profile Pressures

June 4, 2007

Todd Martens and Brian Garrity of Billboard magazine report: After three straight studio albums of declining record sales, KORN reversed the trend with "See You on the Other Side", released the day before Christmas in 2005. The album has sold 1.2 million units and spawned KORN's first top 10 hit ("Twisted Transistor") since 2002 single "Here to Stay". On July 20, the band will kick off another edition of the multimillion-dollar-grossing Family Values Tour, and will release its as yet-untitled studio album on July 31.

KORN's success is validating — some in the group might say attributed to — a new approach to doing business for bands. KORN signed with EMI/Virgin in 2005, and its forthcoming set is the second and final album of the two-album deal that landed the metal stalwart $25 million upfront from the major. In what amounted to a revenue-sharing deal, EMI acquired a 30 percent stake in KORN's overall business through 2010. Additionally, concert promoter Live Nation invested a reported $3 million for 6 percent of KORN's box office, licensing, publishing, merchandising and CD sales.

"They weren't just giving us money for nothing," KORN singer Jonathan Davis says. "We all know that CDs are declining. If we do good and blow this band up more, then they're going to see money on the package and touring and everything else that's going on. This deal gave them incentive to do their job. I think it really did since we're here, we're back, and we're as big as ever."

Read the entire article at www.reuters.com.

Find more on

Prev More News Next

Comments Disclaimer And Information

BLABBERMOUTH.NET uses the Facebook Comments plugin to let people comment on content on the site using their Facebook account. The comments reside on Facebook servers and are not stored on BLABBERMOUTH.NET. To comment on a BLABBERMOUTH.NET story or review, you must be logged in to an active personal account on Facebook. Once you're logged in, you will be able to comment. User comments or postings do not reflect the viewpoint of BLABBERMOUTH.NET and BLABBERMOUTH.NET does not endorse, or guarantee the accuracy of, any user comment. To report spam or any abusive, obscene, defamatory, racist, homophobic or threatening comments, or anything that may violate any applicable laws, use the "Report to Facebook" and "Mark as spam" links that appear next to the comments themselves. To do so, click the downward arrow on the top-right corner of the Facebook comment (the arrow is invisible until you roll over it) and select the appropriate action. You can also send an e-mail to blabbermouthinbox(@)gmail.com with pertinent details. BLABBERMOUTH.NET reserves the right to "hide" comments that may be considered offensive, illegal or inappropriate and to "ban" users that violate the site's Terms Of Service. Hidden comments will still appear to the user and to the user's Facebook friends. If a new comment is published from a "banned" user or contains a blacklisted word, this comment will automatically have limited visibility (the "banned" user's comments will only be visible to the user and the user's Facebook friends).