Releasing new versions of old tracks
So, I've got a song that's a few years old and has been on the web, freely available, during most of that time. When I first finished it, I had several labels (including a couple of fairly well-known ones) contact me unsolicited to see if I was interested in signing it, which told me that the song had good potential, but I wasn't interested in signing songs away at the time. A friend of mine just recently inquired about doing a remix of it and now we're considering maybe doing a "2012" version of it, solely with the intent of signing it to some label (I know, I'm such a whore).
What do you guys think? Is this a good idea? Do you think a label would be interested in a new take on an old song, assuming that the new version is quite different from the original? Anybody here ever tried this?
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