Grammy-winning rapper-and-singer Nelly has reportedly sold 50 per cent of his solo music catalogue for a whopping $50 million, according to TMZ.
Nelly Sells 50% Stake in His Catalog for $50 Million: 'My Music Is My Legacy'
At the number one spot on our list of the most valuable music catalog, we've got the Beatles, who have a catalog worth well-over $1B. Yes, that's right, a billion.
In an interview with USA Today, Carey shared details of her upcoming TV series based on her memoir — “The Meaning of Mariah Carey.” She also talked about the ownership of her master recordings. “I'm here to do anything we need to do. I own all my old masters,” Carey told the outlet.
The estate rights currently belong to the survivors of the Jackson family, including the late singer's mother, Katherine Jackson, and his three children, Paris Jackson, Prince Jackson, and Blanket Jackson.
Most music often features a recorded music partner, typically one of the major labels like Sony and Universal, though it must be noted that Warner Music Group acquired marketing and distribution rights for the Pink Floyd catalogue in 2013 through the £487 million acquisition of Parlophone Label Group, previously owned ...
In 1893, the Hill sisters needed a song for their kindergarten class to sing on birthdays. Fast forward 120 years and "Happy Birthday" is by far the richest and most profitable song of all time. The Ownership of "Happy Birthday" has changed hands a few times in the last 100 years.
Once Upon A Time In Shaolin by the Wu-Tang Clan remains the most expensive work of music ever sold – because the group only made one copy of the record.
The Rolling Stones are the highest-grossing live music act of all time, collecting over $2.5 billion according to Billboard Boxscore.
Bruce Springsteen Sells Music Catalog To Sony For $500 Million; Are Career Songbooks Hollywood's Next Goldmine?
The deal, reported by The Female Rap Room, was confirmed by the Australian artist in a response to the news outlet's tweet that said she “has sold her master recording and publishing catalog to Domain Capital for an eight-figure sum” ( which is somewhere between $10 million and $99 million).
HarbourView Equity Partners, the asset-management company founded by Sherrese Clarke Soares, announced today it has agreed to partner with and purchase “select” recorded-music assets of Grammy-winning rapper-singer Nelly, a rep for the company confirms to Variety.
Justin Timberlake sells entire music catalog for $100M.
Justin Timberlake sells song catalog to fund backed by Blackstone in deal valued at $100 million. Justin Timberlake is the latest music star to sell the rights to his songs for a huge sum of money. He sold the rights to his song catalog to Hipgnosis Songs Capital, a fund backed by private equity firm Blackstone.
Michael Jackson now owns the rights to Eminem's back catalogue, after his partnership company Sony/ATV purchased the publishing company Famous Music for $370 million.
Springsteen sold his entire back catalog – including songwriting and recordings – to Sony Music Group, according to a Dec. 16 announcement. Industry reports placed the purchase at north of $500 million.
Icon Tina Turner's death was announced Wednesday. The singer had been in retirement for the last decade of her life, and two years ago, she sold her entire music catalog. Turner gave the rights to publishing company BMG in what it called its single-largest acquisition of an artist's music.
Braun then sold Swift's catalog to Shamrock a year-and-a-half later for $360 million, with the possibility of that figure rising to $405 million depending on the commercial performance of Swift's first six albums in the years that followed.
Yet, for fans of Bruce Springsteen, the recent selling of his master recordings and music publishing rights to Sony for $500 million, according to Billboard, does strike a personal note. “It's already an emotional thing,” said entertainment lawyer David Chidekel, a partner at Early Sullivan Wright Gizer & McRae.
Sony Music Entertainment buys the Boss's entire corpus, including classics like “Born to Run,” for an estimated $550 million.
Bieber, at the age of 28, has sold his rights to all the music he released before 2022 for a reported US$200m. Merck Mercuriadis, founder and chief executive officer of Hipgnosis Song Management, who bought the rights, said: “This acquisition ranks among the biggest deals ever made for an artist under the age of 70.”
In September 2016, Sony acquired the Jackson estate's stake in Sony/ATV in a deal valued at around $750 million. The Jackson estate retained its ownership of Mijac Music, which holds the rights to Michael Jackson's songs and master recordings.