The Weeknd has sold his music catalog for $1 BILLION in a new unique deal.

[jawnswoop]

The Weeknd has sold his music catalog for $1 BILLION in a new unique deal.Abel Tesfaye and Lyric Capital Group have closed a deal forming a business venture together wherein Lyric has INVESTED in the his music catalog from inception through 2025. (The deal excludes any future music)

 

[34real]

The Weeknd has sold his music catalog for $1 BILLION

Is he that popular ?I know the name but......I don't know about that but congrads

Marvin Gay's shit gotta be worth a trillion

MJ was in debt let them cac's tell it but he owned all the shit that mattered....shiiit is crooked

 

[jawnswoop]

Is he that popular ?I know the name but......I don't know about that but congrads

Yes, he's well known with a huge fan base.

 

[xfactor]

 

[BrownTurd]

Basically got robbed blind

 

[TEN]

I call cap

 

[APOPHIS]

Is he that popular ?I know the name but......I don't know about that but congrads

Marvin Gay's shit gotta be worth a trillion

MJ was in debt let them cac's tell it but he owned all the shit that mattered....shiiit is crooked

I was thinking the same.
I am so out of the pop culture loop.

 

[xfactor]

I was thinking the same.
I am so out of the pop culture loop.

He performed solo at the SuperBowl

 

[APOPHIS]

He performed solo at the SuperBowl

Wow! That's actually amazing.
I can only see the likes of MJ, Beyoncé, Prince, and Whitney commanding that kind of pop-cultural demand.

Good for him!
Hope he stays away from the Beckies.

 

[OutlawR.O.C.]

If true I congratulate him but.........

 

[playahaitian]

I need proof from a much more established and reliable source before I comment.

 

[OutlawR.O.C.]

I need proof from a much more established and reliable source before I comment.

 

[playahaitian]

Muthafuka...

 

[World B Free]

These companies know something about the future that we don't know, that's why they're buying a lot of artists catalogues.

 

[Coldchi]

in 10 years, he will either come back crying about it,...saying he was robbed....
or we'll be like, gotdamn that company hit a lick.

 

[darth frosty]

These companies know something about the future that we don't know, that's why their buying a lot of artists catalogues.

I wonder if there is fine print for Ai manipulation

 

[World B Free]

I wonder if there is fine print for Ai manipulation

Hey, man, the companies probably can use the artist's AI voices in perpetuity.

 

[yaBoi]

A billion dollars and you niggas hand ringing saying its a bad deal.. (waits on somebody to tell me a Billy ain't a lot of money)

On top of that the deal excludes any new music and he can still tour and sell out stadiums.. he just got paid!

 

[DC_Dude]

 

[RoomService]

A billion dollars and you niggas hand ringing saying its a bad deal.. (waits on somebody to tell me a Billy ain't a lot of money)

On top of that the deal excludes any new music and he can still tour and sell out stadiums.. he just got paid!

Remember when they offered Zuckerberg $1 billion for Facebook? If he had accepted that deal 20 years ago, he would have looked foolish today.

I understand that these are two different situations, but I’m curious to know the estimated value of his catalog in 10 or 15 years.

 

[OutlawR.O.C.]

I don't know I'm still calling bullshit.

Michael Jackson's catalog was valued at $1.2 billion when 50% was sold to Sony in 2024 and the estate was paid $600 million.

The Weeknd's success isn't even close by any measure so I can't see how this is accurate.

Also, if this is a $250 million dollar "loan" against his catolog that doesn't sound like a won IMO.

 

[OutlawR.O.C.]

These valuations of artists catolog and the numbers they're coiming up with reminds me of what happened in real estate prior to 2008 when companies (and banks) were inflating the value of real estate and selling properties far over their actual value which obviously caused a financial crisis.

I hope that isn't what's happening here.

 

[TEN]

There we are

 

[DC_Dude]

 

[moblack]

Remember when they offered Zuckerberg $1 billion for Facebook? If he had accepted that deal 20 years ago, he would have looked foolish today.

I understand that these are two different situations, but I’m curious to know the estimated value of his catalog in 10 or 15 years.

20 years ago that wasn't enough!

 

[playahaitian]

​

 

[jawnswoop]