A New York Times investigation has revealed that decades of Universal Music Group treasures burned in 2008.

Eleven years ago this month, a fire ripped through a part of Universal Studios Hollywood.

At the time, the company said that the blaze had destroyed the theme park's King Kong attraction and a video vault that contained only copies of old works.

But, according to an article published Tuesday by The New York Times Magazine, the fire also tore through an archive housing treasured audio recordings, amounting to what the piece described as "the biggest disaster in the history of the music

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What happened?

What was lost?

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What are master recordings, and why do they matter?

Why are we only finding about this now?

How bad is the loss?