Variety reported, “The deal includes Perry’s stakes in master recordings and publishing rights for the five albums she released between 2008 and 2020: One of the Boys, Teenage Dream, Prism, Witness, and Smile. Universal Music Group continues to own the masters to those albums.”
Why are individuals shopping for music catalogs? Well, in response to the New York Times, “New investors, including private equity firms, have poured billions of dollars into the market, viewing music royalties as a kind of safe commodity — an investment, somewhat like real estate, with predictable rates of return and relatively low risk.”
Because that is changing into a fairly well-liked pattern, let us take a look at what different artists have offered their catalogs and the way a lot cash they’ve gotten for ’em:
1.
Dr. Dre offered his music catalog in early 2023 for lower than the $250 million he pitched, however nonetheless apparently properly over $200 million.
2.
ZZ Top offered their catalog in 2020 for $50 million.
6.
Phil Collins and Genesis offered their catalog for $300 million in 2022.
7.
David Bowie’s music catalogue was offered for $250 million in 2022.
8.
In 2021, David Guetta offered his music catalog for $100 million.
9.
Sting offered his songwriting catalog in 2022 for a reported $300 million.
11.
Jason Aldean offered 90% of his music catalog in 2022 for $100 million.
12.
Bob Dylan offered his complete songwriting catalog in 2020 for over $300 million.
13.
The Red Hot Chili Peppers offered their tune catalog for $140 million in 2021.
14.
Stevie Nicks offered a majority stake in her publishing catalog for $100 million in 2020.
15.
Mötley Crüe offered their music catalog for $150 million in 2021.
(*19*)
16.
Brad Paisley offered his music catalog for $25 million in 2022.
17.
Future offered his music catalog from 2004–2020 for a reported “high eight figures.”
18.
A majority stake in Joey Ramone’s publishing rights had been acquired for $10 million in 2022.
19.
And lastly, Bruce Springsteen offered his music catalog in 2021 for $550 million.
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