Music Biz: Now Katy Perry has sold her music catalog, too

I don't get it. Why sell the rights back to the industry? I mean if their willing to pay 225 million, that must be expecting to make at least a billion.

And while 225 is something I wouldn't turn down, these artists are already rich a.f.

I just don't get it :dunno:
 
I don't get it. Why sell the rights back to the industry? I mean if their willing to pay 225 million, that must be expecting to make at least a billion.

And while 225 is something I wouldn't turn down, these artists are already rich a.f.

I just don't get it :dunno:

Maybe they don't want to perform anymore and will take a retirement check to do other things. They are basically just building up a business and selling it, right?

Nice position to be in to cash in your chips and have that kind of money for life.

Old musicians used to have to perform for life just to make ends meet. This is a much better situation.
 
Maybe they don't want to perform anymore and will take a retirement check to do other things. They are basically just building up a business and selling it, right?

Nice position to be in to cash in your chips and have that kind of money for life.

Old musicians used to have to perform for life just to make ends meet. This is a much better situation.
A.I. will perform their music for eternity
 
or pass it on to ur kids ...

fuck a lump sum ... income is always better

tht 225 will b worth twice as much prolly in 5 yrs ....

so jus keep cashing those royalty checks ..it`s not like the shit gonna depreciate ....
 
6 percent interest

1 million gives you 30,000 dollars per yr

225 million gives you 6 million 750,000 a yr off 6 percent interest


My accountant boy was just telling me yesterday how certain individuals are doing the 6 percent interest earning hustle. In particular celebs. That’s generational wealth that individuals can sit on forever
 
Back
Top