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Pharma’s Bad Boy Exec Martin Shkreli Paid $2 Million for Wu-Tang Clan’s New Record

From bloomberg.com

It was one of the greatest sales pitches the music industry has ever heard. In March 2014, Robert Diggs, better known as RZA, the producer and de facto leader of the Wu-Tang Clan, the iconic rap group, announced that the Clan would create only one copy of its next album, Once Upon a Time in Shaolin, and sell it to the highest bidder. “We’re about to put out a piece of art like nobody else has done in the history of music,” RZA told Forbes. “We’re making a single-sale collector’s item. This is like someone having the scepter of an Egyptian king.” Initially, the Clan wanted to forbid the buyer from publicly releasing ... (full story)

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