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Pay $1 to Hear Wu-Tang Clan’s Secret Album (Eventually)

An online art collective that spent $4 million on “Once Upon a Time in Shaolin” is telling fans their purchases will accelerate the one-of-a-kind album’s 2103 release date.

Ten years ago, the most mysterious and expensive album of all time was announced by the Wu-Tang Clan as a protest against the devaluation of creativity in the age of the internet. “Once Upon a Time in Shaolin,” limited to one hyperdeluxe physical copy, was bought for a reported $2 million by the “pharma bro” Martin Shkreli and later acquired by an online art collective for $4 million.

Now it can be yours for a dollar. Sort of.

Pleasr, the online collective, began selling access to “Once Upon a Time in Shaolin” on Thursday, charging fans $1 (plus fees) to be part of what it called an experiment to test a simple question: “Do people still value music in a digital era?” As befitting an album that has been wrapped in legal and public controversy for a decade, however, the transaction is anything but simple.

For $1, fans will gain access to an encrypted digital version of “Once Upon a Time in Shaolin.” But only a five-minute sampler of the album will be available now, Pleasr says.

The Wu-Tang Clan’s original sale contract with Shkreli in 2015 said that “Once Upon a Time in Shaolin” could not be released to the public for 88 years — until Oct. 8, 2103 — although the agreement allowed for private viewings and listening sessions.

“Once Upon a Time in Shaolin” was originally bought by Martin Shkreli, a pharmaceutical executive. When he was convicted of securities fraud, the federal government seized the album.Richard Drew/Associated Press

For each $1 that Pleasr takes in, the group says it will reduce the waiting period for the full album’s release by 88 seconds. By a rough calculation, it would take about 28 million contributions of $1 apiece to eliminate that delay entirely.

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Source: Music - nytimes.com


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