Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

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?