What's a new album from Wu-Tang Clan worth? $5 million, according to the group's RZA.
The infamous hip-hop posse have pressed just one lone copy of their latest double-album offering, 'The Wu - Once Upon a Time in Shaolin,' in the hope that it will be treated as a unique collector's item and remind the industry that music is art. Wu-Tang Clan plan to auction it to the highest bidder, hopefully for millions, and group member RZA says they've already received multi-million dollar offers for the one-off 31-track record.
"Offers came in at $2 million, somebody offered $5 million yesterday," he told Billboard.com. "I've been getting a lot of emails: some from people I know, some from people I don't know, and they're also emailing other members of my organisation. So far, $5 million is the biggest number."
Before they auction the album off, though, The Wu plan to tour the silver-nickel case packaged album through festivals, museums and galleries, with punters paying to hear it and tight security so it couldn't be copied.
What do you make of all this? Do Wu-Tang have a good point to make that in this day and age music is heavily undervalued? Or is this just a clever money making scheme?