Bizarre posted by

What is a music track worth?

Whatisamusictrackworth3

Help me out here, a little confused. I’ve just read that Jammie Thomas is currently liable to pay the record labels $1.5 million for illegally sharing 24 songs, which seems to value each track at an astonishing $62,500.

But hold on. Over here on this site I read with amazement that the major insurance companies are valuing the average music *collection* at a mere £85.00, and only 10% of insurers will offer cover for downloaded music collections over £2000 in value.

Erm…so what is the value of a music track? I think we have a right to know.

Nigel is the managing editor of the Red Ferret, as well as a freelance columnist for the Sunday Times newspaper in London. Loves tech and fancies himself as a bit of a futurist, but then don’t we all?

Nigel – who has written posts on The Red Ferret Journal.


2 Comments

  • Screw the RIAA!

  • I'm just fascinated by the dual standards which apply to things like this, and it's always the little guy who gets caught in the middle and trashed. Weird.

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