I toyed with starting a new topic to give everyone an update, but I'll start here.
Superfecta is basically on-hold for a number of reasons - not in any particular order.
1. I got a job starting a new record label for the Warner Music Group called Cordless Recordings (
www.cordless.com) and it's basically taking up all my time.
2. Of the 9 titles Superfecta reissued we BARELY broke even on TWO of them - we lost money on the other seven. Not exactly a bang-up way to get a business off the ground.
3. Chris and I started up The Ideal Copy (as a companion business to Superfecta) which is actually going well (i.e. we're not losing money). The Ideal Copy takes up a ridiculous amount of time and being ran full time without my day-to-day involvement leaves Chris (and Dayna and LeAnn) with no time to focus on anything but updating the site w/new releases and filling orders.
4. The consolidation of BMG and Sony turned the more lenient licensing terms that were offered by BMG into next-to-impossible to meet-your-minimum guarantee terms offered by Sony.
5. There really aren't that many (if any at all) unreissued titles of music that we like that we can realistically forecast at least a break-even release from. I know the minute someone reads that I'll get an email with a list of mega in-demand titles that are surefire ways to make money. I'm telling you, they just don't exist.
In case you're wondering, the reason you see so few reissues in the US (except from labels like Wounded Bird and Collectible/Collectors Choice) is because the licensing terms for out of print masters from the major labels basically insure you have NO way of ever making money on them. Wounded Bird and Collectibles have cut bulk deals with the labels they license from and that's how they are able to get such a great quantity of titles out - it also explains why they skimp on the remastering and the packaging. In England and Canada the licensing terms are much more generous which is why you have Retro Active coming out of Canada and the glut of great reissues coming from UK labels like Cherry Red, Renascent and Captain Oi! Also, many of the reissues coming from the UK are licensed from defunct indie labels that probably don't have any licensing terms or restrictions. Many of the great US new wave albums were on majors in the US but licensed from indies in the UK - so it's much easier to be IN the UK and license from other indies whereas their US releases would have to come from a major.
With all that said, Chris and I are definitely planning future releases on Superfecta - just not likely to be major label licensed reissues. So stay tuned.
Jason