Friday, August 28, 2015 9:51:34 AM
Right now the market cap of IDLM is just over $1M (60M * 0.02). Or if we get the right tape paint call it $2M.
Does it make any sense at all that copyrights to much of the hiphop music published in past 5 years would be valued at $2M? I'm not saying I know that these rights are worth $100M. Heck, maybe $20M would be a stretch. But this value down here is ridiculous.
And don't forget about HipHopEarly, which is becoming a producer of hiphop news. Original content. Many more FB likes.
Sometimes this situation just drives me nutso!
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