Tuesday, June 30, 2009

Michael Jackson and the Zombieconomy

This is the title of Umair Haque's post yesterday. He points out the Jackson would have earned about $12 million a year over 25 years from record royalties. How much did the label make? At this rate why would anyone record for a record label he asks. Be a hedge fund manager they make millions of dollars each year. Why aren't we rewarding creativity?

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