It's just depressing for a movie lover like me to see a film like Joel Schumacher's 1990 Flatliners remade. Why? Can anyone come out with something we haven't seen before or at least from a fresh new POV.
Recording costs in the music business are borne by artists, not record companies. Record companies commonly make loans to artists (all-in advances) for these costs and recoup them from royalties. With the exception of jazz and classical artists, new major label artists can spend between $100,000 and $500,000 to make a record, but recording budgets of one million dollars and more are not uncommon.
The average cost of a vinyl record was a mere $2 as the oversized and inconvenient discs were slowly disappearing into the realm of the obsolete. But in recent years, the market has flipped. Now itâs vinyl albums selling for $20 to $30 a pop.