Vermillion Posted May 26, 2022 Posted May 26, 2022 23 minutes ago, sugarysunflower said: I’m really wondering what plans Hipgnosis and Blackstone have in plans to make money off these catalogs in the future? The streams and physical sales are not going to claw profits and mechanical/publishing royalties from touring / radio is very volatile. My thoughts on this. Can't think of how they can justify this. I'd need to see numbers before any conclusions but I'm skeptical.
popularmoonlight Posted May 26, 2022 Posted May 26, 2022 Now that physical sales are literally dead and streaming does not pay artists enough, I'm sure it's more profitable in many ways to sell his catalogue than to keep it. Music doesn't make you money anymore, like at all. That's why no one wants to release albums
Feanor Posted May 26, 2022 Posted May 26, 2022 40 minutes ago, sugarysunflower said: I’m really wondering what plans Hipgnosis and Blackstone have in plans to make money off these catalogs in the future? The streams and physical sales are not going to claw profits and mechanical/publishing royalties from touring / radio is very volatile. That's what I really wonder too tbh. For example Bruce Springsteen's recent $500M (!) deal, where he sold his entire catalog, including publishing rights: How the hell do the new rights-holders plan on making back that money? Yes, Springsteen is one of the biggest names ever in music, but like 99% of his success lies in the past. He doesn't have any album on Billboard's pure album sales chart right now, so his current pure sales are negligible, and he's also not on Spotify's top 200 most streamed artists chart either. Does publishing really pay that much that his catalog would warrant a half a billion price tag? Idk.
zzmyth Posted May 26, 2022 Posted May 26, 2022 43 minutes ago, Feanor said: That's what I really wonder too tbh. For example Bruce Springsteen's recent $500M (!) deal, where he sold his entire catalog, including publishing rights: How the hell do the new rights-holders plan on making back that money? Yes, Springsteen is one of the biggest names ever in music, but like 99% of his success lies in the past. He doesn't have any album on Billboard's pure album sales chart right now, so his current pure sales are negligible, and he's also not on Spotify's top 200 most streamed artists chart either. Does publishing really pay that much that his catalog would warrant a half a billion price tag? Idk. everytime a song gets used its generating money... and springsteen has a handful of classics... in fact he has quite some 100M sons on spotify...and just with born in the USA... that alone will make 500M $ music is not one moment thing. music is everywhere and used all the time. its covered, its sampled, its used for commercials, its used in games, films, rerealeased.... I mean...
zzmyth Posted May 26, 2022 Posted May 26, 2022 1 hour ago, Harry said: can’t believe he would sell rihanna’s rehab to some dodgy company. it better be damn expensive coz girl Rihanna owns all of her masters. Rehab is a Rihanna song released in a Rihanna album. He is not selling Rehab
Brishka Posted May 26, 2022 Posted May 26, 2022 Justin Timberlake sold the rights to his song catalog to Blackstone Inc.-backed Hipgnosis Song Management, Dow Jones reported, citing fund executives. The deal was valued at just above $100 million, Dow Jones reported, citing people familiar with matter. It gives Hipgnosis full ownership and control over the pop star’s interest in some 200 songs he wrote or co-wrote spanning his career. https://www.bloomberg.com/news/articles/2022-05-26/justin-timberlake-sells-back-catalog-to-blackstone-backed-fund?utm_medium=social&utm_campaign=socialflow-organic&utm_content=pursuits&utm_source=twitter&cmpid%3D=socialflow-twitter-pursuits
SupremeGoddess Posted May 26, 2022 Posted May 26, 2022 Miss Furtado sold for half even tho she only has two successful eras, timberbeak a worthless man confirmed
X~MoviePoP Posted May 26, 2022 Posted May 26, 2022 Why would artists do this? Wouldnt he make this money already in the long run???
MadonnasBoyfriend Posted May 26, 2022 Posted May 26, 2022 Mrs Jessica Beal is certainly getting a brand new shiny pear necklace
Vermillion Posted May 26, 2022 Posted May 26, 2022 @Bloo @Lee!! Merge request with the other thread on this topic already created, thanks. https://atrl.net/forums/topic/401870-justin-timberlake-sells-music-catalog/#comments So we've got the official confirmation of the amount! Seems right and this doesn't preclude him from still releasing going forward. 5 minutes ago, X~MoviePoP said: Why would artists do this? Wouldnt he make this money already in the long run??? Not this amount. Imho.
Vermillion Posted May 26, 2022 Posted May 26, 2022 13 minutes ago, zzmyth said: Rihanna owns all of her masters Good for her, forgot about that
dirrtydiana Posted May 26, 2022 Posted May 26, 2022 (edited) 12 minutes ago, Pheromosa said: That’s it? it’s fair. 30M for Britney’s cry me a river 20M for Britney’s what goes around 20M for sexy back 20M for can’t stop the 10M for the rest Edited May 26, 2022 by dirrtydiana
Selegend Posted May 26, 2022 Posted May 26, 2022 it's interesting to see those 2 sides of the industry now we have artists like selena that is more and more owner of her own material Revelacion is "SMG (Selena Music Group) distributed by Interscope" and now (on youtube) we can see that Rare and the Droplets are also like this and no longer only "Interscope Records", she got the rights. Olivia already started her career already like this, "Olivia Rodrigo distributed by Interscope" and on the other side we have artists just selling everything and that's it i think it makes sense for the artist that want to quit and live a relaxed life -- get the money and they're free to do whatever they want w/ a lot on the pocket. if they keep active i find it weird.
NausAllien Posted May 26, 2022 Posted May 26, 2022 2 minutes ago, dirrtydiana said: 30M for Britney’s what goes around "What Goes Around..." was NOT about Britney. It was about his best friend Trace Ayala and Elisha Cuthbert.
CaptainMusic Posted May 26, 2022 Posted May 26, 2022 That seems a bit low or Nelly’s seems too high because JT should be able to at least triple her amount.
Girls5eva Posted May 26, 2022 Posted May 26, 2022 Living legend. Is anyone watching Candy on Hulu? He slays, talented king.
orange22 Posted May 26, 2022 Posted May 26, 2022 1 hour ago, Harry said: can’t believe he would sell rihanna’s rehab to some dodgy company. it better be damn expensive coz girl
orange22 Posted May 26, 2022 Posted May 26, 2022 36 minutes ago, zzmyth said: Rihanna owns all of her masters. Rehab is a Rihanna song released in a Rihanna album. He is not selling Rehab He probably sold his percentage of the publishing on that song but thank you for reminding the people Queen Rih owns her masters
Winged Posted May 26, 2022 Posted May 26, 2022 35 minutes ago, SupremeGoddess said: Miss Furtado sold for half even tho she only has two successful eras, timberbeak a worthless man confirmed Why are you so bothered? Take that money King and live your life
Popboi. Posted May 26, 2022 Posted May 26, 2022 42 minutes ago, SupremeGoddess said: Miss Furtado sold for half even tho she only has two successful eras, timberbeak a worthless man confirmed He literally has 4 successful eras and an abysmal bomb so it adds up. 26 minutes ago, CaptainMusic said: That seems a bit low or Nelly’s seems too high because JT should be able to at least triple her amount. His record deal probably had a lower share to the artist than Nelly’s, considering his catalogue belongs to Sony/RCA and they’re notoriously a mess. The only way JT could end up earning $100m from music catalogue is by touring, so I wonder how, and if, his % from that will be heavily affected it was the right call if he didn’t care about ever getting his masters’ ownership. Since he only sold publishing rights, he should still earn his % from songwriting and producing right?
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