Complex sentence: Fred's released the LP "Big Man" in January of 1985 but the reason why the LP never hit the stores was that no one from Fred's Laundry wanted anything to do with Lars and his record company.
Split into simpler sentences: Fred's released the LP "Big Man" in January of 1985. The reason why the LP never hit the stores was that no one from Fred's Laundry wanted anything to do with Lars and his record company.