New York - Asylum Records is expecting album sales of 3 million records in its first year of business - from sales of 10 albums, reports label boss David Geffen.

The company- an Atlantic, Geffen and Elliott Roberts label - started business in October and Geffen stated that they have already broken new artists, Jackson Browne, Judee Sill and group Jo Jo Gunne since then.

Asylum is also putting together the original members of the Byrds group for a one-shot album deal. The group will be titled Crosby (David), McGuinn (Roger), Clark (Gene), Clark (mike) and Hillman (Chris).

The Asylum album will be recorded in May, produced by the whole group. The first Joni Mitchell album on Asylum will be released shortly. She was previously on Reprise. Among new acts for Asylum, all with the LP product out, will be writer-singers John David Souther and Steve Ferguson, and the group the Eagles.

Said Geffen: "These new acts will be promoted in the same way we broke Jo Jo Gunne, Browne and Miss Sill - via an album and major personal appearance tour.

Tours Important

The Eagles will be included in a Neil Young tour early summer which will probably coincide with Young's Warner Bros. film "Journey through the Past." The Eagles are another group put together by Geffen, who is their manager, from other known groups. Randy Meisner, bass, is from Poco and the Rick Nelson Stone Canyon Band, Bernie Leadon, lead guitar, from Flying Burrito Brothers and Dillard and Clark, Dan Henley, vocals, drummer, is from Shilo and Glenn Frey comes from Long Branch Pennywhistle. The group recorded in the U.K. at London's Olympic Studios in February, and will have an album and single released.

John David Souther will appear on the David Crosby-Graham Nash summer tour. A new Asylum album will also be released by Crosby-Nash.

Commented Geffen: "Apart from strong record product, getting the artist to the people, giving the group live identification is the next important step. Browne was exposed on a Joni Mitchell tour recently and Jo Jo Gunne is currently on a 90 day cross country tour with Lee Michaels. Judie Sill is currently in the U.K. with the group, America. All this will be reflected in LP sales.

"We are not confining ourselves to a certain number of groups on Asylum-just those we have time and effort for, to promote properly. Although, through Geffen and Roberts, we manage several of our Asylum acts, we don't manage them all. We work with other managers to mutual advantage. We aren't competing."

Another factor stressed by Geffen concerning the label's artists was that they are mostly all writers. He pointed out that both new artists Souther and Ferguson were writers - Ferguson had placed material with Linda Rondstadt, Chad Stewart and Tom Rush.