Jump to content

List of most expensive albums

From Wikipedia, the free encyclopedia
Sgt. Pepper's Lonely Hearts Club Band (1967)'s billboard for its 50th anniversary. An early example of an expensive album.

The following is a list of the most expensive albums made with a recorded sum of over $1 million, sorted by the most money spent in promotional campaigns and album covers. The recording process traditionally requires an investment in studio time and skilled record production labor, and the process can be expensive.[1]

In the late 1950s, the cost of producing pop albums ran from $3,000 to $7,000.[2] The average cost of producing an album climbed to $15,000 in the 1960s.[3] Early examples of record-breaking expensive albums include Sgt. Pepper's Lonely Hearts Club Band (1967) with a reported sum of £25,000,[4][a] alongside Tommy (1969) and Pet Sounds (1966) each with a cost of $70,000,[6][7] as well as unfinished album Smile whose single "Good Vibrations" (1966) alone had a budget between $50,000 and $75,000,[b] more than most entire albums cost in those days.[9] Multiple albums were budgeted with a cost between $350,000 and $500,000 by late 1970s,[10] whereas popular rock albums had an average of $100,000 and as high as $500,000 by the midpoint of the decade.[11][c] Some albums were produced on a $1 million budget by 1981.[10] Accountant John McClain gave an estimated cost of $2.5 million for a Michael Jackson record in 1987.[14] Nowadays, according to IFPI, production costs for popular albums are "generally budgeted for at least $200,000, and if much studio time is used, costs can soar well past $350,000".[1] Some artist's sponsorships covered the cost of producing the album, most notoriously Mariah Carey between the Bahamas Board of Tourism with her album Memoirs of an Imperfect Angel (2009).[15][16]

The first album to cost over $1 million is believed to be Tusk (1979) by Fleetwood Mac.[17] Chinese Democracy (2008) by Guns N' Roses, once included as the most expensive record in the Guinness World Records, probably cost over $1 million per year during its recording sessions from 1998 to 2006.[18] With a cost between $30 and $40 million, Michael Jackson's Invincible (2001) remains the most expensive album ever produced.[19][20][21] Both Michael Jackson and Kanye West have multiple appearances, with at least four each.

List of albums by recorded costs

[edit]
Released Album Artist Recorded Approx cost Adjusted cost
(in 2023 dollars)
Ref.
2001 Invincible[d] Michael Jackson 1997–2001 $30–40 million $51,621,876/$68,829,167 [19][21][20]
2008 Chinese Democracy Guns N' Roses 1998–2007 $13 million $18,396,909 [23]
1995 HIStory: Past, Present and Future, Book I Michael Jackson 1979–1995 $10 million $19,995,632 [24]
1991 Dangerous Michael Jackson 1989–1991 $10–8 million $22,369,900/$17,895,920 [25][26][27]
2001 Victoria Beckham Victoria Beckham 1999–2001 £5 million £10,444,883 [28]
1987 Hysteria Def Leppard 1984–1987 $4.5–5 million $13,409,490/$12,068,541 [29][30][31]
1999 The Life of Chris Gaines[e] Garth Brooks $5 million $9,145,026 [31][33]
2009 Memoirs of an Imperfect Angel Mariah Carey 2009 £4 million £6,776,930 [15]
2002 Untouchables Korn 2001 $4 million[f] $6,775,948 [35]
1988 Non Stop Julio Iglesias $3 million $7,728,756 [36]
2010 My Beautiful Dark Twisted Fantasy Kanye West 2009–2010 $3 million $4,191,668 [37]
2015 Once Upon a Time in Shaolin Wu-Tang Clan 2007–2013 $3 million $3,856,240 [38]
2003 Deftones Deftones 2002 $2.5 million $4,140,738 [39]
1987 Bad Michael Jackson 1985–1987 $2 million $5,363,796 [40]
2005 Late Registration Kanye West 2004–2005 $2 million $3,120,123 [41]
2010 Superficial Heidi Montag 2007–2009 $2 million $2,794,445 [42]
1982 Rock in a Hard Place Aerosmith 1981–1982 $1.5 million $4,735,862 [43]
1990 Charmed Life Billy Idol 1989–1990 $1.5 million $3,498,217 [44]
1993 Aries Luis Miguel 1992–1993 $1.5 million $3,163,787 [45]
2011 Watch the Throne Kanye West
Jay-Z
2010–2011 $1.5 million $2,031,657 [46]
2013 Yeezus Kanye West 2012–2013 $1.5 million $1,962,000 [46]
1979 Tusk Fleetwood Mac 1978–1979 $1.4 million $5,877,304 [47][48]
2012 Cruel Summer GOOD Music 2011–2012 $1.3 million $1,725,294 [46]
1979 The Long Run Eagles 1978–1979 $1 million $4,198,074 [49]
1981 For Those About to Rock We Salute You AC/DC 1981 $1 million $3,351,391 [50]
1982 Donna Summer Donna Summer 1981–1982 $1 million $3,157,241 [51]
1988 Brian Wilson Brian Wilson 1987–1988 $1 million[g] $2,576,252 [52][53][54]
1989 The Seeds of Love Tears for Fears 1986–1989 $1 million $2,457,987 [55]
1991 Metallica Metallica 1990–1991 $1 million $2,236,990 [56]
1995 The Woman in Me Shania Twain 1994–1995 $1 million[h] $1,999,563 [57]
1998 He Got Game Public Enemy 1997–1998 $1 million $2,576,252 [59]
1999 Ricky Martin Ricky Martin $1 million $1,829,005 [60]
2002 One by One Foo Fighters 2002 $1 million $1,693,987 [61]
2005 One Way Ticket to Hell... and Back The Darkness 2005 $1 million $1,560,061 [62]

List of albums by promotional budget/campaign cost

[edit]
One of several 30-foot statues placed around Europe to promote the HIStory World Tour—the accompanying tour for Michael Jackson's HIStory (1995).
Released Album Artist Record label Budget
expenditure
Adjusted cost
(in 2023 dollars)
Ref.
1995 HIStory: Past, Present and Future, Book I Michael Jackson Sony / Epic Records $30,000,000 $59,986,897 [63][64]
2001 Invincible[d] Michael Jackson Sony / Epic Records $25,000,000 $43,018,230 [19][20][65]
2013 Artpop Lady Gaga Interscope Records $25,000,000 $32,700,000 [66]
1999 Brand New Day Sting A&M Records $18,900,000 $34,568,198 [67]
1999 The Life of Chris Gaines[e] Garth Brooks Capitol Records $15,000,000 $27,435,078 [31][33]
2000 1 The Beatles Apple Records / EMI $15,068,493 $26,660,313 [68]

Overview

[edit]

Michael Jackson's HIStory (1995) has the most extensive marketing campaign in popular music history,[69] spent by a record label. Up to that point, a label might spent an average of $2 million in promotional campaigns for artists such as the Rolling Stones, Aerosmith and Madonna, per release.[24] The lattermost, had the biggest Warner Records promotional campaign for an album up to the release of Like a Prayer (1989) with $2 million.[70] In contrast, according to Hank Bordowitz in Dirty Little Secrets of the Record Business (2007), mounting a successful promotional campaign for radio stations can cost between $250,000 and $1 million per song.[71]

Examples of associated campaigns outside record label's efforts include Born This Way (2011) by Lady Gaga, with a reported sum of $3 million provided by Amazon,[72] and Rihanna's sponsorship with Samsung for $25 million which covered the release of her album Anti (2016) and its tour.[73]

List of album covers/packaging by cost

[edit]

This is a list of record-breaking historical expensive album covers or CD packaging.

Notes

[edit]
  1. ^ Also cited with a cost at $100,000.[5]
  2. ^ Also cited with a cost at $25,000.[8]
  3. ^ By this point, Queen's A Night at the Opera (1975) began to be advertised as "the most expensive album ever made",[12] although the estimated cost was only £40,000 and such a label was later denied by the band.[13]
  4. ^ a b Other sources give a total cost of $65 million.[22] Most likely divided in the reported budget of $30–40 million and $25 million for promotional purposes.
  5. ^ a b Overall cost was at $20 million, which includes promotion and recording.[32]
  6. ^ Recording the album alone only cost $700,000.[34]
  7. ^ Another sum cited has been $800,000.
  8. ^ Another sum cited has been $750,000.[57] Then most expensive country album ever made.[58]
  9. ^ Also cited with a cost at £3,000.[76]

See also

[edit]

References

[edit]
  1. ^ a b Waldfogel, Joel (2020). Digital Renaissance. Princeton University Press. p. 34. ISBN 978-0-691-20864-0. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  2. ^ "A.&R. Impact". Billboard. September 21, 1959. p. 64. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  3. ^ "Federal Excise Tax Structure". United States House Committee on Ways and Means. 1994. p. 881. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  4. ^ Moore, Allan F. (1997). The Beatles, Sgt. Pepper's Lonely Hearts Club Band. Cambridge University Press. p. 57. ISBN 978-0-521-57484-6. Archived from the original on August 22, 2024. Retrieved September 6, 2023.
  5. ^ Loker, Bradford E. (2009). History with the Beatles. Dog Ear Publ. ISBN 978-1-60844-039-9. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  6. ^ Best, Kenneth (1992). Eight Days a Week: An Illustrated Record of Rock 'n' Roll. Pomegranate Artbooks. ISBN 978-1-56640-026-8. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  7. ^ Horning, Nicole (2018). Pop Music: Chart-Toppers Throughout History. Greenhaven Publishing. p. 31. ISBN 978-1-5345-6541-8. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  8. ^ Wolgamott, L. Kent (March 23, 2005). "Brian Wilson polishes his early masterpiece". Lincoln Journal Star. Archived from the original on September 6, 2023. Retrieved September 6, 2023.
  9. ^ Patrick Bell, Adam (2018). Dawn of the DAW: The Studio as Musical Instrument. Oxford University Press. ISBN 978-0-19-029663-6. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  10. ^ a b Selz, Thomas D.; Simensky, Melvin (1983). "Entertainment Law: Legal Concepts and Business Practices". 1. Shepard's/McGraw-Hill. Archived from the original on October 6, 2023. Retrieved September 6, 2023. {{cite journal}}: Cite journal requires |journal= (help)
  11. ^ Dominick, Joseph R. (1983). Dominick:Mass Media Basics. Addison-Wesley. ISBN 978-0-201-10251-2. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  12. ^ Taruskin, Richard (1983). Music in the Late Twentieth Century: The Oxford History of Western Music. Oxford University Press. p. 328. ISBN 978-0-19-979600-7. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  13. ^ Blake, Mark (2011). Is This the Real Life?: The Untold Story of Queen. Hachette Books. p. 328. ISBN 978-0-306-81973-5. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  14. ^ "Corporate Profile". Black Enterprise. Vol. 18, no. 4. November 1987. p. 57. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  15. ^ a b Piercy, Nigel F. (2016). Market-Led Strategic Change: Transforming the Process of Going to Market. Taylor & Francis. ISBN 978-1-135-05023-8. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  16. ^ Harlow, John (August 30, 2009). "Mariah Carey has the perfect sales pitch". The Times. Archived from the original on September 6, 2023. Retrieved September 6, 2023.
  17. ^ Coffman, Tim (June 4, 2023). "The first album that cost over $1million to make". Far Out. Archived from the original on September 6, 2023. Retrieved September 6, 2023.
  18. ^ "Nobody Stayed The Course". Billboard. Vol. 118, no. 51. December 23, 2006. p. 32. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  19. ^ a b c Vineyard, Jennifer (July 2, 2002). "Michael Jackson Shocks Al Sharpton By Calling Tommy Mottola A Racist". MTV. Archived from the original on November 16, 2010. Retrieved February 13, 2010.
  20. ^ a b c "Jackson". Vanity. Vol. 66. 2003. p. 447. Archived from the original on October 6, 2023. Retrieved September 6, 2023. Sony advanced Jackson approximately $40 million to make it. In addition, Sony spent $25 million to market it
  21. ^ a b Branigan, Tania (September 8, 2011). "Jackson spends £20m to be Invincible". The Guardian. Archived from the original on January 16, 2013. Retrieved September 6, 2023.
  22. ^ "Jackson". King. 2008. p. 44. Archived from the original on October 6, 2023. Retrieved September 6, 2023. Michael Jackson and Rodney Jerkins At $ 65 million , Invincible is the most expensive album ever made
  23. ^ Leeds, Jeff (March 6, 2005). "The Most Expensive Album Never Made". The New York Times. Archived from the original on January 20, 2022. Retrieved September 6, 2023.
  24. ^ a b Grover, Ronald (July 3, 1995). "A Michael Jackson Thriller For Sony". Bloomberg News. Archived from the original on September 9, 2023. Retrieved September 9, 2023.
  25. ^ Fabrikant, Geraldine (March 16, 1992). "THE MEDIA BUSINESS; Michael Jackson's Latest In Shade of His Greatest". The New York Times. Archived from the original on September 9, 2023. Retrieved September 9, 2023.
  26. ^ Weiss, Jeff (August 7, 2016). "Michael Jackson: Dangerous Album Review". Pitchfork. Archived from the original on May 27, 2018. Retrieved September 9, 2023.
  27. ^ Citron, Alan; Cerone, Daniel (November 14, 1991). "There Are No Limits in Michael Jackson's World of Make-Believe". Los Angeles Times. Archived from the original on September 9, 2023. Retrieved September 9, 2023.
  28. ^ Neild, Carol; Carysforth, Carol; Neild, Mike (2004). Business. Pearson Education. p. 96. ISBN 978-0-435-40138-2. Archived from the original on October 6, 2023. Retrieved September 24, 2023.
  29. ^ Billoard Staff (August 3, 2012). "Def Leppard, 'Hysteria' at 25: Classic Track-By-Track". Billboard. Archived from the original on April 5, 2023. Retrieved September 6, 2023.
  30. ^ Newman, Melinda (August 1, 2017). "Def Leppard's 'Hysteria' Turns 30: An Oral History of the Album's Painful Path to Victory". Billboard. Archived from the original on September 6, 2023. Retrieved September 6, 2023.
  31. ^ a b c Cormier, Roger (July 8, 2014). "15 Albums That Cost a Fortune to Make". Mental Floss. Archived from the original on August 7, 2023. Retrieved September 9, 2023.
  32. ^ Mcphate, Tim (June 28, 2017). "Kanye West, the Beatles: 5 expensive albums by GRAMMY winners". Grammy.com. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  33. ^ a b Leyfield, James. "10 of the most expensive albums ever made". Yahoo!. p. 8. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  34. ^ Enis, Eli (June 11, 2021). "7 Things You Didn't Know About Korn's 'Untouchables'". Revolver. Archived from the original on September 6, 2023. Retrieved September 6, 2023.
  35. ^ Pareles, Jon (June 9, 2002). "SPINS; To One Part Rap and One Part Metal, Add Melody". The New York Times. Archived from the original on January 30, 2013. Retrieved September 6, 2023.
  36. ^ Pareles, Jon (June 1, 1988). "Iglesias hopes $3 million album pays off". The Desert Sun. p. C15. Archived from the original on October 6, 2023. Retrieved September 13, 2023.
  37. ^ "Def Jam Records Has Reportedly Spent $3 Million On Kanye West's New Album". HipHopDX. September 17, 2010. Archived from the original on September 19, 2010. Retrieved September 6, 2023.
  38. ^ "Most valuable album". Guinness World Records. Archived from the original on September 6, 2023. Retrieved September 6, 2023.
  39. ^ "DEFTONES Turntablist Explains Why New Album Cost $2.5 Million To Make". Blabbermouth.net. June 2, 2003. Archived from the original on October 6, 2023. Retrieved September 10, 2023.
  40. ^ Holden, Stephen (September 13, 1987). "Pop Review; The Dark Side of Peter Pan". The New York Times. Archived from the original on August 19, 2022. Retrieved September 9, 2023.
  41. ^ J. Freedom du Lac (August 31, 2005). "Bragging Rights: Kanye West's 'Late Registration'". Washington Post. Archived from the original on August 22, 2024. Retrieved September 9, 2023.
  42. ^ Stack, Tim (January 13, 2010). "Heidi Montag says new album cost almost $2 million, left her broke, is as good as 'Thriller'". Entertainment Weekly. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  43. ^ Kramer, Joey (2010). Hit Hard: A Story of Hitting Rock Bottom at the Top. HarperOne. p. 134. ISBN 978-0-06-156662-2.
  44. ^ Buckley, Peter (2003). The Rough Guide to Rock. Rough Guides. p. 516. ISBN 978-1-85828-457-6. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  45. ^ Burr, Ramiro (11 July 1993). "Luis Miguel meets his challenges". San Antonio Express-News.
  46. ^ a b c Setaro, Shawn (September 17, 2020). "What We Learned From Reading Over 100 Pages of Kanye West's Record Contracts". Complex. Archived from the original on October 6, 2023. Retrieved September 12, 2023.
  47. ^ "1978". The Mix. 12: 100. 1988. Archived from the original on October 6, 2023. Retrieved September 6, 2023. we spent $ 1.4 million making Tusk
  48. ^ Golsen, Tyler (June 11, 2023). "The Fleetwood Mac songs that only feature Lindsey Buckingham". Far Out. Archived from the original on September 6, 2023. Retrieved September 6, 2023.
  49. ^ "Slipped Discs". New York. Vol. 12, no. 32. August 13, 1979. p. 10. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  50. ^ Rampton, Mike (November 7, 2020). "The most expensive rock and metal albums of all time". Kerrang!. Archived from the original on June 3, 2023. Retrieved November 22, 2023.
  51. ^ Pickard, Wayland (1992). Complete Singer's Guide: To Becoming a Working Professional. Pickard Publishing. p. 150. ISBN 978-0-9623458-0-7. Archived from the original on October 6, 2023. Retrieved September 9, 2023. a Donna Summer album done with Quincy Jones a few years ago took a year to record and cost over a million dollars to produce
  52. ^ McCulley 1997, p. 188
  53. ^ Dillon 2012, p. 259
  54. ^ Love 2016, p. 524
  55. ^ Harrington, Richard (October 22, 2004). "A 'Happy Ending' for Tears for Fears". Washington Post. Archived from the original on August 22, 2024. Retrieved September 9, 2023.
  56. ^ "Timeline Metallica". MTV. Archived from the original on December 17, 2007. Retrieved September 9, 2023.
  57. ^ a b Eggar, Robin (2010). Shania Twain: The Biography. Gallery Books. p. 214. ISBN 978-1-4516-0454-2. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  58. ^ Wheeler, Jill C. (2001). Shania Twain. Abdo Pub. p. 40. ISBN 978-1-57765-552-7. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  59. ^ Grierson, Tim (2015). Public Enemy: Inside the Terrordome. Omnibus Press. ISBN 978-1-78323-390-8. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  60. ^ Tracy, Kathleen (1999). Ricky Martin: Red-hot and on the Rise!. Kensington Publishing. ISBN 978-0-8217-6430-5. Archived from the original on October 6, 2023. Retrieved September 9, 2023. the album had cost more than a million dollars to produce , but Sony believed they would make back ten times that much or more
  61. ^ Wall, Mick (2017). Foo Fighters: Learning to Fly. St. Martin's Publishing Group. p. 188. ISBN 978-1-250-12234-6. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  62. ^ Taysom, Joe (February 19, 2022). "From Kanye West to The Beatles: The 10 most expensive albums ever made". Far Out. Archived from the original on June 3, 2023. Retrieved September 6, 2023.
  63. ^ Strauss, Neil (November 25, 1996). "Michael Jackson's 'HIStory' shows the growing stature of global marketing". The New York Times. Archived from the original on April 18, 2014. Retrieved September 8, 2023.
  64. ^ Strauss, Neil (June 29, 1995). "The Pop Life". The New York Times. Archived from the original on April 27, 2013. Retrieved September 8, 2023.
  65. ^ Philips, Chuck (July 9, 2002). "Power, Money Behind Jackson's Attack on Sony, Insiders Say". Los Angeles Times. Archived from the original on September 9, 2023. Retrieved September 9, 2023.
  66. ^ Suddath, Claire (November 19, 2013). "Lady Gaga's $25 Million Art Machine Can't Buy a Real Hit". Bloomberg News. Archived from the original on October 31, 2016. Retrieved September 6, 2023.
  67. ^ Spurgeon, Christina (2007). Advertising and New Media. Taylor & Francis. p. 40. ISBN 978-1-134-08621-4. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  68. ^ Miles, Barry; Badman, Keith (2001). After the break-up, 1970-2001. Omnibus Books. p. 681. ISBN 978-0-7119-8307-6. Archived from the original on October 6, 2023. Retrieved September 9, 2023. The adverts are part of an £ 11 million Beatles 1 promotional budget , paid for by EMI
  69. ^ J. Freedom Du Lac (September 22, 1995). "Numbers Game Michael Jackson's Album 'History' Is Not As Popular As The Music Industry Suggests". The Spokesman-Review. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  70. ^ Bakker, Machgiel (March 18, 1989). "The Media Scramble For 'Like A Prayer'" (PDF). Music & Media. Vol. 6, no. 2. p. 26. Archived (PDF) from the original on March 8, 2021. Retrieved September 6, 2023.
  71. ^ Bordowitz, Hank (2007). Dirty Little Secrets of the Record Business. Chicago Review Press. p. 76. ISBN 978-1-56976-391-9. Archived from the original on October 6, 2023. Retrieved September 6, 2023.
  72. ^ Corner, Lewis (June 3, 2011). "Lady GaGa 'Born This Way' promotion cost Amazon $3m". Digital Spy. Archived from the original on September 7, 2023. Retrieved September 6, 2023.
  73. ^ Novellino, Teresa (October 30, 2015). "The irony of Rihanna's $25M sponsorship with Samsung". American City Business Journals. Archived from the original on August 22, 2024. Retrieved September 6, 2023.
  74. ^ Kay, Hilary (1992). Rock & Roll Memorabilia: A History of Rock Mementos, with Over 600 Illustrations. Simon & Schuster. p. 124. ISBN 978-0-671-77931-3. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  75. ^ Friede, Goldie; Titone, Robin; Weiner, Sue (1980). The Beatles A to Z. Methuen Publishing. p. 90. ISBN 978-0-416-00781-7. Retrieved September 9, 2023.
  76. ^ a b Ozturk, Selen (May 6, 2022). "When a concept album became a problem: Reconsidering the Beatles' 'SGT. Pepper's Lonely Hearts Club Band'". PopMatters. Archived from the original on October 6, 2023. Retrieved September 9, 2023.
  77. ^ Doggett, Peter (2011). The Man Who Sold The World: David Bowie And The 1970s. Random House. p. 175. ISBN 978-1-4090-4139-9. Archived from the original on October 6, 2023. Retrieved September 9, 2023.

Book sources

[edit]

Further reading

[edit]