Complex sentence: Though several albums were released through the label, the only modest but visible success of "Preflyte" by The Byrds help to pay for all their other projects, the label folded when their distributor backed out of the deal in early 1970.
Split into simpler sentences: Though several albums were released through the label, only the modest but visible success of "Preflyte" by The Byrds helped to pay for all their other projects. The label then folded when their distributor backed out of the deal in early 1970.