Pension funds will own it!
February 24, 2021
How will resales of publishing rights shape the future of music?
Share
Bob Dylan has sold his entire songwriting catalogue to Universal Music for $300 million; Beach Boys sold their masters and brand to Irving Azzoff to $100 million; Taylor Swift is re-recording her older records; Round Hill has bought some Beatles The Rolling Stones, and Backstreet Boys classics for $282 million; Neil Young has sold 50 percent of his catalogue for $150 million - these are only some of the deals in the music business last year. Music business podcast Money 4 Nothing talks to Cherie Hu of Water & Music and David Turner of Penny Fractions about whether this makes any business sense, and how will it shape the future of music.