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  1. Oct 13, 2021 · A quote often attributed to music producer Brian Eno is: "The first Velvet Underground album only sold 10,000 copies, but everyone who bought it formed a band." The saying summarises the...

  2. Feb 1, 2024 · According to an MGM royalty statement published by Jeff Gold, a former Warner Bros Records executive, the album had sold 58,476 copies by February 1969. For a 23-month period, this figure is far from shameful. All the same, The Velvet Underground persevered in creating a second album.

  3. Nov 11, 2013 · With complicated royalty rates and deductions, it’s impossible to know how many copies were sold in these countries and on tape. Below is the royalty statement–the definitive solution to this long debated mystery.

  4. While it indeed sold less than Warhol and the band had hoped, according to a MGM royalty statement presented to Jeff Gold, a former Warner Bros. Records executive, 58,476 copies of the album sold through February 1969—a respectable figure for a late-1960s LP.

  5. Mar 12, 2017 · As Brian Eno famously noted in a 1982 interview, The Velvet Underground & Nico sold only 30,000 copies in its first five years, but “everyone who bought one of those 30,000 copies started a...

    • Michael Gallucci
  6. The Velvet Underground did not impact the Billboard 200 until its 1985 reissue, when it reached No. 197. [40] According to Billboard in 2013, The Velvet Underground has sold 201,000 copies since 1991, when Nielsen SoundScan began tracking record sales.

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  8. Aug 27, 2023 · But, as Brian Eno put it, even though the album initially sold only 30,000 copies, “everyone who bought one of those 30,000 copies started a band”. Reed then fired Warhol, and Nico left.

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