Michael Jackson and the Zombieconomy
“…Sales of his recordings through Sony’s music unit have generated more than $300 million in royalties for Mr. Jackson since the early 1980’s.”
Want to know why we have a zombieconomy? Because the beancounters killed the incentives to create real value. Let’s use Michael Jackson’s tragic death as a mini case-study. $300 million over, for example, 25 years? That’s $12 million a year.
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