It was no surprise to me when Whitney Houston died over the weekend, because she's spent the last 15 years on a bender in lieu of having a music career. Nor was it a shock that her death was going to generate some serious money.
It only took until the next morning for Sony Music to have raised the price of Houston's "The Ultimate Collection", and by this morning, it was the second top-selling album on iTunes. the body may have been cold, but the sales are getting hot! Sony Music owns the rights to much of Houston's back catalog, including the aforementioned 1997 album, and increased the wholesale price. This automatically boosted the retail price, and although Apple is responsible for setting the price paid, they are apparently in agreement with Sony's assessment of the higher value of Houston's songs.
Both "The Ultimate Collection" and "Whitney – The Greatest Hits" are in the top three albums on iTunes right now. And if she can pull a Tupac and release some new albums, she can really start clocking more money.
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