The other amazing thing about IDLM is that they hold the copyright to the music that artists post on there. Are they doing anything with these copyrights? No. Are they worth anything? I've gotta believe they are.
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.
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