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Guns n' Roses long-awaited "Chinese Democracy" album has been a flop, sticking Best Buy (NASDAQ: BBY) with hundreds of thousands of unsold copies that "seem destined for the bargain bin", according (subscription required) to the Wall Street Journal.

In the first two weeks, the CD has sold 318,000 copies. Problem: Best Buy bought 1.3 million copies up-front.

But with 1.3 million copies sold up-front to the exclusive retailer, Axl Rose may not have seen a need to go and promote the album aggressively. He reportedly declined interviews with Rolling Stone and The New York Times. Best Buy agreed not to return any CDs, so Interscope is off the hook as well.

An insider at Interscope, the band's label told The Sun that he thinks the album would have done much better if Rose was prepared to do some promotion, especially since he worked 15 years on the album.

Guns n' Roses delivers a flop to Best Buy originally appeared on BloggingStocks on Tue, 16 Dec 2008 09:48:00 EST. Please see our terms for use of feeds.

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