Hi music lovers,
I’m a sophomore student, conducting a research project on the value of music. While music is not a physical object that can be tangibly owned like a fine art piece, I am still curious to know how much you would be willing to pay for a piece of music if you could. Of course, it will vary depending on your personal taste as to which artists or genres you like, but I’m hoping to get a general sense of what people think. If you have a few minutes, please take a look at the link below and leave a response. Your feedback would be greatly appreciated.
Thanks in advance!
I’m confused about what exactly you’re asking. Are you asking what is the maximum we would spend on a piece of music, like an album or a song? Or are you asking what is the maximum we would spend to be the sole owner of a piece of music?
First, I apologize if my question was unclear. I was mainly interested in discussing the latter.
No worries. Personally, the only reason I would want sole ownership of a piece of music would be to release it freely to as many people as possible.
Wu-Tang Clan made an album back in 2015, only one copy of the album was ever made and it isn’t available digitally. The album was originally sold for $2 million, before it was seized by the US government and resold for $4 million to settle debt.
If I were to somehow come into ownership of something like this, I would work to somehow release it to the public (like the current owner is). I don’t like the idea of hoarding art for myself.