
Have a look:
http://www.negativland.com/albini.html
Reminds me of a few musos I knew. One of them was in a pretty average band that I saw play once (they only ever played twice), who mysteriously got "picked up" and were flown to London to "cut some demos and meet some people". After about a year fluffing about like this - and several months living in a London flat - the wheels fell off, nothing was released and the band split up. Odd methought at the time...
Another friend (actually the boyfriend of a girl I knew) was in a well known band in Sydney. They were working on their second album and "just couldn't get the last track sounding right". They spent something like three months and $150,000 on that one song - and it wasn't even single material. I just couldn't figure out how that could be cost effective for anyone, or even how they could spend that much! And all the while I kept thinking what that $150,000 could achieve with some of the smaller bands I knew . . .