Pink Floyd make Live8 profit - doesn’t keep it
Pink Floyd’s album sales went through the roof after Live 8. Sales increased by a jaw-dropping 1,343 per cent at HMV alone.
According to Channel 4 News guitarist David Gilmour said he would not profit from the show.
“Though the main objective has been to raise consciousness and put pressure on the G8 leaders, I will not profit from the concert,” he said.
Can’t argue with that. Whether one thinks the Live 8 approach was right or wrong there’s at least one performer who’s done the decent thing. Then he throws down the gauntlet:
“If other artists feel like donating their extra royalties to charity, perhaps then the record companies could be persuaded to make a similar gesture and that would be a bonus.
I bet that’s really upset a few people. All those who had hoped they could make a few bob on the backs of a cause they knew little - and, I suspect, cared even less - about must be cursing Gilmore’s name.
BBC News quotes HMV’s estimation of the album boosts of the top ten performers:
1 Pink Floyd - Echoes: The Best of Pink Floyd - 1343%
2 The Who - Then and Now - 863%
3 Annie Lennox - Eurythmics Greatest Hits - 500%
4 Dido - Life For Rent - 412%
5 Razorlight - Up All Night - 335%
6 Robbie Williams - Greatest Hits - 320%
7 Joss Stone - Mind, Body and Soul - 309%
8 Sting - The Very Best of Sting & The Police - 300%
9 Travis - Singles - 268%
10 Madonna - Immaculate Collection - 200%
If anybody reading this gets any information about which stars donated to charity the extra wonga they made from this deal then please add a comment to this post.
Thanks to Jarndyce at Fair Vote Watch for the tip-off…
