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Passive income typically refers to whether the owner of the income-generating asset needs to put in a significant amount of regular effort to generate the incom
by 1123581321 7y ago
Passive income typically refers to whether the owner of the income-generating asset needs to put in a significant amount of regular effort to generate the income, not whether anyone in the value chain does.
- cgriswald 7y agoThe question wasn't about whether anyone in the value chain gets passive income, but whether the songs generate revenue 'by sitting on them.' If you're going to invest in either silver or songs with the intention of doing nothing, which are you going to invest in? The experiences of a 70's pop star getting royalties are not equivalent to what Mercuriadis will have to do to produce revenue from his investors' investments.