It costs money to release a CD: Yes they have already spent the money to record it but there is mixing, editing, mastering, preparation of the CD cases and (hopefully) a booklet with notes and pictures. All this is very expensive. For pictures of the show to be included did you know the set designers have to be paid a royalty. So do the people who designed the posetr, if its to be used on the CD cover. Permission to print the lyrics comes at a price. Also each quarter, the label has to pay fees for every title it has in the active cataogue.
Then there is the time and effort spent marketing and promoting the album by the record label staff. LESTAT was seen by 80,000 people, only 2% of whom will buy the Cd: 1600 units. If the show were still running and selling maybe 10,000 seats a week that would translate down to about 200 CD per week which while not steller does help the cash flow. But the show is gone. No tour is planned. So that 1600 units is all the label can count on to offset roughy a $1/2 million expenditure. It may be easier to write off the recording costs and cancel the release. The ultimate decisoin may rest on whether the show will have any kind of afterlife in regional and community theatres but that would be a long slow return on such a high investment.
Yes, some flop shows have cast recordings that have paid off for their labels: CANDIDE for Sony, MERRILY WE ROLL ALONG for RCA, and MACK AND MABEL for UMG. But many cast albums - even those from hit shows - never pay off.
I am only pointing this out because some people blame record label ineptitude for the delay (possible cancellation) of LESTAT but it may in fact be a sound business decision.
Cast albums are NOT "soundtracks."
Live theatre does not use a "soundtrack." If it did, it wouldn't be live theatre!
I host a weekly one-hour radio program featuring cast album selections as well as songs by cabaret, jazz and theatre artists. The program, FRONT ROW CENTRE is heard Sundays 9 to 10 am and also Saturdays from 8 to 9 am (eastern times) on www.proudfm.com