Quote:
Originally Posted by Zeke.
I noticed someone mentioned something about avex’s budget / financial situation. When I asked why the show for next years April would be a part of the current years tour theme (POWER of MUSIC) and not part of some new concept based off an impending album release, he said it’s because of budget. He said avex is having a very difficult time lately.
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WHAT!? I didn't know Avex is in a budget crunch!
Quote:
Originally Posted by voltron
As for Avex's budget, I think it seems pretty obvious they are struggling a bit. They are about to lose Namie, who is probably their top selling act at this point. Their other top sellers are mostly legacy acts, who are ageing and less popular than they were before (Ayu, Koda Kumi, etc.). TK, who was trying to produce a lot of new acts for them, has retired - I'm not sure where that leaves some of these groups. And they just haven't been able to bring any high-selling new talent to the table. Where do they go from here?
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I have to agree what you said. Other things to say: SKE48 is part of the AKB48G family that is signed to Avex, but they're nowhere big as the mother of all AKB48G groups (AKB48, that is). That certainly isn't helping Avex very much. Or Johnny's Kisumai - just one artist alone won't completely paint the picture. Mostly, though, the hits (in terms of Avex's budget) could be because of the departure of Namie and TK (obviously the latter was caught in some very big trouble), which are big names in the Avex roster alongside Ayu, and Ayu's nowhere to a point where she can save Avex. Faced with stiff competition from AKB48 (which is signed to another label, King Records), Nogizaka46 (Sony) and Johnny's (most aren't signed to Avex, except for V6 and Kisumai), not limited to those, and Avex is in somewhat at a bad shape. I mean, I don't know really why in the world Avex would be financially struggling today...and I was surprised to hear why Ayu's essentially 'carrying over' her concept for her currently ongoing Arena Tour - it could be this.
Man, we really miss those old days of Ayu when she was still topping the charts, she was Avex's prime artist during those days.