US record companies' film fever
Meanwhile RSO Records and Robert Stigwood look set to become the big music-film record company with Saturday Night Fever (album and film) already breaking records, and the Olivia Newton-John Travolta film, Grease as a firm follow up. This is a Broadway show filmed, and the double album from this is already shipping gold, some 500,000 by April 10. Film is released June 10.
Again this is well in advance of the film premiere and the Stigwood Organisation found that this paid off with their blockbuster, Saturday Night Fever which is currently No 1 on the charts and looks like it will outsell Fleetwood Mac with over eight million US units already sold. RSO gets the Grease soundtrack but (in another trend) Travolta’s label, Midsong, get a single from him, and MCA, Olivia Newton-John’s label get one from her.