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Music albums which were expensive to record, produce, and promote From Wikipedia, the free encyclopedia
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][lower-alpha 1] 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,[lower-alpha 2] 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][lower-alpha 3] 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.
Released | Album | Artist | Recorded | Approx cost | Adjusted cost (in 2023 dollars) |
Ref. |
---|---|---|---|---|---|---|
2001 | Invincible[lower-alpha 4] | 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[lower-alpha 5] | 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[lower-alpha 6] | $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[lower-alpha 7] | $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[lower-alpha 8] | $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] |
Released | Album | Artist | Record label | Budget expenditure |
Adjusted cost (in 2023 dollars) |
Ref. |
---|---|---|---|---|---|---|
2024 | Moon Music[lower-alpha 9] | Coldplay | Parlophone | $47,945,205 | $47,945,205 | [63] |
1995 | HIStory: Past, Present and Future, Book I | Michael Jackson | Sony / Epic Records | $30,000,000 | $59,986,897 | [64][65] |
2001 | Invincible[lower-alpha 4] | Michael Jackson | Sony / Epic Records | $25,000,000 | $43,018,230 | [19][20][66] |
2013 | Artpop | Lady Gaga | Interscope Records | $25,000,000 | $32,700,000 | [67] |
1999 | Brand New Day | Sting | A&M Records | $18,900,000 | $34,568,198 | [68] |
1999 | The Life of Chris Gaines[lower-alpha 5] | Garth Brooks | Capitol Records | $15,000,000 | $27,435,078 | [31][33] |
2000 | 1[lower-alpha 10] | The Beatles | Apple Records / EMI | $15,068,493 | $26,660,313 | [69] |
Michael Jackson's HIStory (1995) has the most extensive marketing campaign in popular music history,[70] 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.[71] 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.[72]
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,[73] and Rihanna's sponsorship with Samsung for $25 million which covered the release of her album Anti (2016) and its tour.[74]
This is a list of record-breaking historical expensive album covers or CD packaging.
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