Like love and good health and other really important things in life, music can be truly be said to be priceless. But if one is going to sell and/or buy things, a price must be set and accepted by the parties involved in the transaction.
The same can be said about legal proceedings. If one is claiming a loss, and seeking restitution through the courts, a value must be set on that loss so a successful plaintiff can be compensated appropriately.
In the first installment of Download This, it was argued that based on the price of a song at Itunes, the typical Ipod user had the equivalent of a Lexus in their pocket.
This infographic from Cracked.com extrapolates a very different financial situation. In this case, the RIAA has valued a song at $382,353, with truly astonishing financial results...
Once removed from the realm of the priceless, music, it seems, can give new meaning to the phrase 'funny business'.
.
No comments:
Post a Comment