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( 3 comments — Leave a comment )
sonofabish
Dec. 2nd, 2006 06:15 pm (UTC)
Holy tomato! It's up to about $36k now. Quite the return on the $.75 investment. I also foresee a huge lawsuit when this story becomes public, both from Lou Reed and also the poor bastard who sold it on the cheap.
rpkrajewski
Dec. 7th, 2006 03:13 am (UTC)
Too rich for my blood !
It's up to $133,000 now.

Reed only gets involved if the owner tries to sell copies of it, I guess. He definitely has publishing rights but what if they can't agree on who controlled the recording rights then, and even if so, if there's a legal successor that controls it. There are definite less obscure things (like the movie Urgh ! A Music War putting them out again has run into legal SNAFUs.

Still, I guess if you can afford to buy this thing, you can probably afford a good lawyer too !

There's supposedly a Japanese CD bootleg of a similar if not identical acetate that was discovered in a box in Mo Tucker's basement. The NYC acetate is supposed to be in better shape (in fact I, heh heh, just located a rip of it on the net, if my sources are to be believed).
sonofabish
Dec. 7th, 2006 04:53 pm (UTC)
Re: Too rich for my blood !
This is some pretty fascinating history. I am really curious to see how this turns out. In the meantime, I think I might peer really carefully at my vinyl....
( 3 comments — Leave a comment )

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