Here is the video that people are talking about:
In the Stereophile forum, we have a thread discussing albums which are available only on vinyl, lacking a compact disc counterpart. In the video, Paul Mawhinney states that 83% of his material is unavailable on compact disc. His exact words are: "Eighty-three percent of the music that I have on those shelves you can't buy at any price, anywhere!"
Paul Mawhinney is trying to sell his collection of 1 million albums and 1.5 million singles. The video states that his collection is worth $50 million. Paul is asking for $3 million. Paul Mawhinney is troubled. He says:
It's heartbreaking to see that the world doesn't care or give a damn about saving it for future generations. That is depressing. But I am not gonna throw my life away because everyone out there is sleeping. I've already given my life to this collection. If nobody out there understands what I've done and what I have and what I've offered, then we have to give it up.
This story has been on our radar for a few years. Paul Mawhinney has been trying to sell his collection for at least a decade. According to Mawhinney, CD Now offered $28.5 million for the collection, before going bankrupt. That was in 1997. In 2002, negotiations with the Library of Congress fell through. The Pittsburgh Business Times reported:
According to Mr. Mawhinney, he reached a deal to sell his archives for a sum he would only describe as in the millions. Yet the Library of Congress, a national collection of cultural artifacts, later cut its bid in half, citing budget shortfalls, and requested he donate the rest, according to Mr. Mawhinney. Negotiations broke down late last year.
"They broke my heart. They broke my spirit. And I told them they could never call me again," said Mr. Mawhinney.
Here is the video that people are talking about:
In the Stereophile forum, we have a thread discussing albums which are available only on vinyl, lacking a compact disc counterpart. In the video, Paul Mawhinney states that 83% of his material is unavailable on compact disc. His exact words are: "Eighty-three percent of the music that I have on those shelves you can't buy at any price, anywhere!"
Paul Mawhinney is trying to sell his collection of 1 million albums and 1.5 million singles. The video states that his collection is worth $50 million. Paul is asking for $3 million. Paul Mawhinney is troubled. He says:
