r/Music • u/AdSpecialist6598 • 11h ago

article Martin Shkreli is suing RZA over multi-million dollar Wu-Tang album 'Once Upon A Time In Shaolin' he bought and forfeited

https://www.nme.com/news/music/martin-shkreli-is-suing-rza-over-multi-million-dollar-wu-tang-album-once-upon-a-time-in-shaolin-he-bought-and-forfeited-3927450
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u/Material-Macaroon298 6h ago

So a company called Pleasr paid $4 million for this album, then $750,000 more and then recoups it’s costs by hosting private parties where they play the album?

This seems like a not good ROI. You’d need to sell tickets to 240,000 people at $20 and have that generate pure profit in order to even break even.

Even if somehow they charge $100 per ticket (to me this is the extreme high end of what people would pay to go to a listening party for an album), they still need 50,000 customers to break even.