RZA Has A $5 Million Offer For The New Wu

Piff Perkins

Veteran
Joined
May 29, 2012
Messages
56,589
Reputation
21,919
Daps
308,513
It was the Wu plan all along. Hook young cacs and Japanese kids to raw hip hop, wait until they become bankers and billionaires, then create a bidding war for an album with a starting price of 1mil.
 

RAX 010

NYG LWO METS
Supporter
Joined
Mar 20, 2013
Messages
23,089
Reputation
5,915
Daps
47,601
Reppin
EAST✈WEST
wu-tang-clan-o.gif
 

hex

Super Moderator
Staff member
Supporter
Joined
May 2, 2012
Messages
39,235
Reputation
20,292
Daps
201,313
but rza and them still keeps the rights to the album. they're not allowed to sell copies.

I seriously doubt they'd keep the rights, there's no way in hell anybody would bid that much on it.

If someone is offering $5 mill it's not just for 1 copy of the album, it has to be for full rights to distribute it (or not) as they see fit.

Fred.
 

Turbulent

Superstar
Joined
May 6, 2012
Messages
18,556
Reputation
4,458
Daps
57,505
Reppin
NULL
I seriously doubt they'd keep the rights, there's no way in hell anybody would bid that much on it.

If someone is offering $5 mill it's not just for 1 copy of the album, it has to be for full rights to distribute it (or not) as they see fit.

Fred.
but then that's like selling it to a label. you might be right but i thought selling one copy for mills and them keeping the rights was the point.
 
Joined
Oct 19, 2013
Messages
429
Reputation
190
Daps
900
Think about it tho. Lets say a venue or company buys it and is able to do listening parties(or art exhibits) of 500 people. 4 sessions per day. 60 day run. and charge $50 per ticket. thats $6mil and a $1mil profit in 60 days.

Or, buy and do a tour so to speak. 3 shows at 8 different cities, 5000 people at each showing(kanyes lowest attendance for a show on his tour was 5000 people, its usually like 10-15k), $50 a head. Thats $6mil.

Mad ways to profit off this. shyt is actually a brilliant marketing scheme. :ohhh:

People dont buy music anymore. So might as well sell the experience instead.
 

hex

Super Moderator
Staff member
Supporter
Joined
May 2, 2012
Messages
39,235
Reputation
20,292
Daps
201,313
but then that's like selling it to a label. you might be right but i thought selling one copy for mills and them keeping the rights was the point.

I seriously doubt they care who they sell it to. $5 mill is $5 mill.

Besides, what's the point of keeping the rights or masters if there's only 1 copy of it in existence? They can't make any more money off it, the whole gimmick is there's only 1 copy. You get what I'm saying?

Fred.
 

Turbulent

Superstar
Joined
May 6, 2012
Messages
18,556
Reputation
4,458
Daps
57,505
Reppin
NULL
I seriously doubt they care who they sell it to. $5 mill is $5 mill.

Besides, what's the point of keeping the rights or masters if there's only 1 copy of it in existence? They can't make any more money off it, the whole gimmick is there's only 1 copy. You get what I'm saying?

Fred.
but keeping the rights to make sure it doesn't get copied and sold would be part of the gimmick imo. like i said, i might be wrong but that's the way i understood it.
 

scuba

All Star
Joined
Oct 8, 2013
Messages
1,374
Reputation
410
Daps
3,095
but rza and them still keeps the rights to the album. they're not allowed to sell copies.

Where you getting that from? Nobody never said that. If dude pays to own the album he owns the album. That's what selling means...
 

hex

Super Moderator
Staff member
Supporter
Joined
May 2, 2012
Messages
39,235
Reputation
20,292
Daps
201,313
but keeping the rights to make sure it doesn't get copied and sold would be part of the gimmick imo. like i said, i might be wrong but that's the way i understood it.

The original article said:

Once the album completes its excursion, Wu-Tang will make it available for purchase for a price “in the millions.” Suitors could include brands willing to shell out for cool points and free publicity (just as Samsung spent $5 million to buy copies of Jay Z’s latest album for its users) or major record labels hoping to launch the album through the usual channels (they’re used to paying top acts seven-figure advances).

But I don't know if that's the author of the article voicing his opinion or him relaying what Rza said they'd do.

Regardless, I ain't paying $50 to listen to this once, or paying $40 to go look at a box with a W on it. They need to get the fukk outta here with that shyt. Hell, I ain't even paying $10 for it without at least hearing snippets.

Fred.
 

Turbulent

Superstar
Joined
May 6, 2012
Messages
18,556
Reputation
4,458
Daps
57,505
Reppin
NULL
Where you getting that from? Nobody never said that. If dude pays to own the album he owns the album. That's what selling means...
if i go to the store and buy an album, i own a copy of the album. i don't own the rights to it. i thought the whole point of their thing was that they sell one copy to one person and that person is not allowed to make copies. if they sell the rights to it as well, i don't see why they didn't just sell it to a label and be done with it. again, i could be wrong and i'm not even trying to start a debate on this.
 

TezMilli

All Star
Joined
May 17, 2012
Messages
2,894
Reputation
1,140
Daps
7,417
Reppin
MD via Brick City
if i go to the store and buy an album, i own a copy of the album. i don't own the rights to it. i thought the whole point of their thing was that they sell one copy to one person and that person is not allowed to make copies. if they sell the rights to it as well, i don't see why they didn't just sell it to a label and be done with it. again, i could be wrong and i'm not even trying to start a debate on this.
Whoever buys the album, whether it be a rich person, record label will own the rights to the album to sell and distribute as they wish, only after the album goes on its tour and is sold to said rich person/music label.
 

jay211

Superstar
Joined
May 25, 2012
Messages
17,086
Reputation
1,594
Daps
47,363
Reppin
NULL
I could see some billionaire from Dubai buying this for 5 million. 5 million is nothing to some Saudi prince who is a WU-TANG stan. People forget rich people spend millions on art paintings all the time. They love exclusivity. it makes them feel privileged.

My question is, is Rza splitting any of this money with WU-TANG when it sells? Or is he just pocketing the money. If Raekwon ain't seeing any money off this he's gonna be real salty.
 
Top