"artists selling they catalogs. $$ seem high/low/just right?"
I always assumed "rights" and "publishing" had crazy high value to it what with all the beef and bad feelings artists had with not owning they rights, getting jerked for they publishing and whatnot. but these big name rock stars selling they music and I see the money attached and it doesn't seem that much to me.
Springsteen $500 million Bob Dylan 300 million Neil YOUNG 150 Million for half Bowie 250 million
when it says catalog sold I'm thinking they no longer have any control over their own music. Do i got that wrong?
1. "not being able to do live shows has really affected many older artist" In response to Reply # 0
that was there bread and butter landscape is shifting and many of them want to set their families up incase anything happens I know that was Neil Young's motivation also many have clauses in the deal on ads and sampling (Young said no sampling, Bowie estate has to approve sample clearances...dealt with this last week)
______________________________________
Navem nu, cuando sol Tutu nu, vondo nos nu Vita em, no continous non Nos nu ekta nos sepe ta, amen
When the sun shades the ship We sweat and life is not safe To swim or to touch not When we unite we hedge amen
2. "likely depends on how the market values that catalog." In response to Reply # 0
like rkelly's catalog is trash right now. last I saw, he was trying to sell it for like 2 mil. nobody wants to touch it.
it's probably also related to how much the artist is actually doing to manage the music. for big artists, that's a lot of work, even with a strong team. might not be worth that hassle anymore.
3. "I think R Kelly's catalog is worth buying. " In response to Reply # 2
Look I've been in a couple of parties and the DJ snuck in Ignition remix (with a disclaimer) and the crowd went nuts. Like people even enjoyed the transgressive nature of playing his stuff. It would be a good bet to buy his catalog now and think it 10 -20 years time his music still knocks and the next generation doesn't have the same association with his crimes.
********** "Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson
Tiger Woods Member since Feb 15th 2004 18387 posts
Thu Jan-06-22 09:20 AM
4. "I think they sell the music wholesale" In response to Reply # 0
so, say, Springsteen...his music can appear in commercials, TVs, movies, a broadway musical, etc and the decision isn't his where it's used anymore and he's already been paid
There is this big wall street bet on catalogs and their value. Who knows if it will pan out or if its a fad like NFTs.
I would think though that the artist, and sophisticated long career artist like the ones named above would have the best historical data to do a valuation of their catalogs.
If artists can trick wall street into overpaying for their catalogs (and still have some control on how their works are used), more power to them.
********** "Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson
7. "RE: It's hard to call. " In response to Reply # 6
Agree on a couple of points.... Some of these folks are looking at declining touring revenue right at times when they are probably looking to tour less as they age and frankly some of this is raw opportunism.
So who's catalogue is most valuable now? Some monster catalogues might come up in the next 10-15 years if this continues:
Rolling Stones Stevie U2 Elton John
If Bruce is worth 550M the Stones has to be 700-800M?
respect, bc
"my old boy from the Point but I'm from Southwest..."
"Are you really ready to carry some weight?, Are you ready to design your fate?" -Kelvin Mercer