20 Biggest Record Company Screw-Ups of All Time (Blender)

Amusing list:

#20 As grunge dawns, one label bets on hair metal

In 1989, with hair metal reaching its zenith, the A&R department at MCA Records finally decided to get in on the act—by tossing a rumored $1 million at L.A. band Pretty Boy Floyd, who at the time had played only eight shows. The band’s debut, Leather Boyz With Electric Toyz, peaked at No. 130 on the Billboard charts, and the Floyd blew another mil or so of MCA’s money before the label finally dropped them in 1991 … right around the time the suits blew a chance to

via 20 Biggest Record Company Screw-Ups of All Time – Blender.

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