One of the questions we get here at Murfie over and over again runs along the lines of:
What happens to my music when I die?
We get the question so often that we’ve set up two FAQ items to clarify the situation for our members (and prospective members):
On average, each of our members own and store 120 compact discs at Murfie. If they purchased them all new, each such average-sized collection represents an investment of as much as $2,000. In fact, in the United States alone, consumers have purchased around 15 billion compact discs at a cost (in today’s dollars) of about a quarter-trillion dollars. WOW! Some of our biggest members have as much as $50,000 or more invested in their CD collections!
So it’s not surprising that people think of their music collections as “assets” that they may want to hand down to their family, friends, or favorite charities. News outlets such as CNet and TIME Magazine have even addressed these “digital asset” inheritance issues. At Murfie, our members own their music, and it’s their business what happens to it after they’re gone.