This essay describes the financial zeniths and downfalls of the Music career of the Eagles in a business context.Apart from their popular music which has won over millions of fans in the past three decades the band has also generated a lot of revenue and profits…
The Eagles Band has remained active in Music Business for the periods of 1971-1980 and from 1994 to present. They have worked under the Labels of Asylum, Geffen Records, Lost Highway, Universal and collaborated on business ventures with Poco, The Flying Burrito Brothers, Dillard & Clark, James Gang.The band consists of Glenn Frey, Don Henley, Joe Walsh and Timothy B. Schmit.Some of the Band’s former member’s include Don Felder, Randy Meisner and Bernie Leadon. The American Rock Band is a very successful business venture in terms of strategy and revenues and originates from in California.The Band currently boasts of five Number 1 singles and four Number 1 albums.The band gained immense popularity in the 1970s and its album was rated number 37 on the Rolling Stone list "The 500 Greatest Albums of All Time".The business success of the band also reflects the fact that the band was ranked number 75 on Rolling Stone's 2004 list of the 100 Greatest Artists of All Time. The Album “Their Greatest Hits 1971–1975” has been their most profitable business venture to date.Since its break up in the eighties, the band does not make any new albums but tours together often. However this year in 2007 they have released their first album in three decades called the Long Road out of Eden and it is currently on of UK’s top 40 Albums.The first album, Eagles, was one of the Top 40 singles of its era. Rolling Stone magazine's 2003 list of the "500 Greatest Albums of All Time" ranked Eagles at number 374....
History of business ventures: Success and Failure.
The first album, Eagles, was one of the Top 40 singles of its era.. Rolling Stone magazine's 2003 list of the "500 Greatest Albums of All Time" ranked Eagles at number 374.The next album , Desperado, an experimental venture in conceptual song writing did not match the success of their former work and the Album only did business in the U.S pop charts ,with only two major hits.The third venture ,On the Border involved Henley and Frey's wish to employ a new business strategy and move towards hard rock. They had a change of producers from Glyn Johns to Bill Szymczyk for this purpose.The venture proved successful and this Album yielded a lot of profits with the Eagles' becoming the first of five chart toppers.
The next album (One of These Nights) was a further experiment in hard rock and the business collaboration between Henley/Frey as lyricists was getting stronger as the album received a hit No. 1 on the Billboard chart in 1975.2However this new business strategy ultimately cost the band its unity as the hiring of Don Felder meant that Leadon's role was being underplayed.In 1976 with the release of "Their Greatest Hits (1971-1975)"(29 million copies sold),the band prepared for yet another phenomenal success with " Hotel California", which was also an instant hit on the Billboard in 1977.The single " Hotel California" was a major source of profits and royalties for the band in the years to come as since its release it has appeared on several lists of the best albums of all time.This album remains to date their best-selling studio album, with over 16 million copies sold within America..3
The late 70's saw the disintegration of this phenomenal band ...
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