A record will be deemed by a record label to be “commercially satisfactory” when it has been judged to have a realistic potential to sell a reasonable amount of records.
The New Formula for Success in the Music Business
The old method of promoting a new act in the music business was for a record company to invest at least $500,000 in studio time with a good producer, the cost of a good video, the advertising budget, and the cost of the first promotional road tour.
