Ratviolo Posted September 18, 2023 Posted September 18, 2023 Damn, get money sis Also why are some people saying this means she’s retiring?
Mystical Posted September 18, 2023 Posted September 18, 2023 9 minutes ago, Squall said: It’s not about masters though. What is it about then?
Feanor Posted September 18, 2023 Author Posted September 18, 2023 (edited) 8 minutes ago, Darkgalord said: She won't be getting royalties from writing credits anymore, right? This is why she's getting paid this big amount of money. When artists sell their catalogs, they sell absolutely everything. Is this correct? It depends on the deal. Some artists retain some form of profit participation after selling their music rights, but from how it's worded in the article it does seem like Katy won't receive any royalties from her first 5 albums anymore. Edited September 18, 2023 by Feanor 5
Otter Posted September 18, 2023 Posted September 18, 2023 (edited) 2 hours ago, Rv1709 said: It’s so hard for me to digest that some artists are fighting tooth and nail to own their work while some just sell it away like this? Shows who is the true artist and who is manufactured A lot of people fighting tooth and nail because they're not making money from their catalogue sales or only getting a much smaller chunk than they deserve, they literally cannot sell the rights to their music if they wanted to...it's not about being a "true artist." Katy just got in one lump sum more then she would make in a decade of royalties, she's in a strong position. She wasn't scammed or cheated out of her master's like Taylor for example Edited September 18, 2023 by Otter 3 1 1
Power love Posted September 18, 2023 Posted September 18, 2023 30 minutes ago, hummingbird12 said: Why do some people ignore her fairly good numbers today? She'll cross 2B spotify streams in 2023 without any new songs and major push in the last 2 years. Her catalogue is pulling huge numbers considering her peak was around 2014/2015. I think this was a good step for her as it opens new opportunities for younger generations to get to know her as music will now be more included in films, series etc. This can backfire ofc with songs such as IKAG or TGIF.
Vespertine Posted September 18, 2023 Posted September 18, 2023 I imagine it was a buy 3, get 2 free sort of situation 12
Nefertiti0 Posted September 18, 2023 Posted September 18, 2023 29 minutes ago, Mystical said: What is it about then? Katy's stake in master royalty income and publishing rights. Universal Music Group continues to own/control the master rights to her albums.
Blue Rose Posted September 18, 2023 Posted September 18, 2023 Her team got her a huge deal and it was smart to sell before her next album which will undoubtedly underperform and bring her price even lower
Cloröx Posted September 18, 2023 Posted September 18, 2023 So Taylor's nemesis started selling their masters, who's next?
Daddy Posted September 18, 2023 Posted September 18, 2023 They released that boxset to make a quick buck and sold the rights off. Queen of money.
BTS Posted September 18, 2023 Posted September 18, 2023 43 minutes ago, hummingbird12 said: Why do some people ignore her fairly good numbers today? She'll cross 2B spotify streams in 2023 without any new songs and major push in the last 2 years. Her catalogue is pulling huge numbers considering her peak was around 2014/2015. I think this was a good step for her as it opens new opportunities for younger generations to get to know her as music will now be more included in films, series etc. This can backfire ofc with songs such as IKAG or TGIF. But yeah, for us 100 fans left, this really means she is done making music on a level she did 2008-2014. 2B streams x 0.004c a stream (avg 0.003-0.005c a stream on Spotify = $8M per annum 225/8 = 28 years Not a bad deal imo
Sannie Posted September 18, 2023 Posted September 18, 2023 I initially wondered how one could sell their life's work like this, but I assume she was not making a ton of money from her music anymore and this deal undoubtedly sets her and her family up for life even if she never sells another a record. When you become a parent, financially securing your child's future is what becomes #1 priority. Good for her.
RihRihGirrrl Posted September 18, 2023 Posted September 18, 2023 3 minutes ago, BTS said: 2B streams x 0.004c a stream (avg 0.003-0.005c a stream on Spotify = $8M per annum 225/8 = 28 years Not a bad deal imo That $8M is the total payout for writing, publishing and masters so we don't know what her actual cut is. She doesn't own her master so she probably gets less than $4M a year from the total Spotify payout. This is definitely a good deal for her!
Anti-Hero Posted September 18, 2023 Posted September 18, 2023 2 hours ago, Badgalbriel said: Well, she had to do it eventually. Her music career is just not making any more money. Her catalog have great recurrent stream. What are you talking about
Anti-Hero Posted September 18, 2023 Posted September 18, 2023 This makes me so sad. Her catalog is strong. It will make her money for whole lifetime. Why does she have to do this? Urggg
Vermillion Posted September 18, 2023 Posted September 18, 2023 3 minutes ago, Anti-Hero said: This makes me so sad. Her catalog is strong. It will make her money for whole lifetime. Why does she have to do this? Urggg Where are the stats to support the argument that recurrents will come close to this number, even in 20 years?
Anti-Hero Posted September 18, 2023 Posted September 18, 2023 Just now, Espresso said: Where are the stats to support the argument that recurrents will come close to this number, even in 20 years? You think investors will invest on something they are bound to lose money with? Investors has all the resources to know if their investment will recoup.
bjorn Posted September 18, 2023 Posted September 18, 2023 5 minutes ago, Anti-Hero said: This makes me so sad. Her catalog is strong. It will make her money for whole lifetime. Why does she have to do this? Urggg Are you a Katy Perry stan?
Vermillion Posted September 18, 2023 Posted September 18, 2023 2 minutes ago, Anti-Hero said: You think investors will invest on something they are bound to lose money with? Investors has all the resources to know if their investment will recoup. This doesn't answer my question.
Just a Gay on ATRL Posted September 18, 2023 Posted September 18, 2023 18 minutes ago, Sannie said: I initially wondered how one could sell their life's work like this, but I assume she was not making a ton of money from her music anymore and this deal undoubtedly sets her and her family up for life even if she never sells another a record. When you become a parent, financially securing your child's future is what becomes #1 priority. Good for her. She has a pretty high amount of streams on Spotify for her singles for someone who hasn’t had a Top 10 hit since 2014, a lot of her peers in that same situation would not be getting streamed like she is. Majority of her Top 10s are still getting 500K streams/day or more (besides E.T., POM & WUIV basically lol). BTW idk why but WUIV has a shockingly low amount of recurrent streams per day especially compared to her other top 10s. Nonetheless, she was definitely still making bank on her discography and probably will for the rest of her life.
Anti-Hero Posted September 18, 2023 Posted September 18, 2023 Just now, bjorn said: Are you a Katy Perry stan? I am I love Katy, Teenage Dream defined my teenage years 1
Anti-Hero Posted September 18, 2023 Posted September 18, 2023 Just now, Espresso said: This doesn't answer my question. I don't have the data, so I just assumed with all the money and resources they have investors are smart with their investments.
FENTY. Posted September 18, 2023 Posted September 18, 2023 Well this is kinda interesting. Without touring this is low
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