They’re buying up the catalogs of geezer musicians from my day. I don’t like the idea of big companies owning music but it’s hard to blame the artists for cashing in.
But in an era of soaring inflation and rising interest rates, the nascent asset class faces its first real test.
— Financial Times (@FinancialTimes) September 13, 2022
Read more about how Wall Street stormed the music business👇https://t.co/VzTJMY7qVi
Bob Dylan's Catalog Sale: 4 Takeaways https://t.co/a8sQOsLu1g
— Rolling Stone (@RollingStone) December 7, 2020
Paul Simon has sold his entire songwriting catalog — including classics like “Bridge Over Troubled Water” and “The Sound of Silence” — to Sony Music Publishing, in the latest blockbuster transaction in the music publishing business. https://t.co/nkgABHLaWO
— The New York Times (@nytimes) April 1, 2021
Stevie Nicks closed a deal to sell a majority stake in her publishing catalog last month
— Yashar Ali 🐘 (@yashar) December 4, 2020
“Edge of Seventeen,” “Rhiannon” & “Landslide,” are part of the deal
Primary Wave purchased an 80% interest in the copyrights, which are valued at about $100 millionhttps://t.co/axpfK86cZJ
Prince's estate is now majority-owned by Primary Wave, the company that acquired Stevie Nicks' music catalog last year https://t.co/dp5UO3DDTf
— Rolling Stone (@RollingStone) July 30, 2021
Sad! 