DADDY YANKEE sells it all to Concord for $217.3 MILLION

[⭐⭐⭐⭐⭐]

Comparing that number to (my perceived) value of his catalog reminds me of that cash app scam where they claim that they'll put like an extra zero on whatever you send to them

 

[mson]

Eve got 8 figures tho

What does that have to do with this?

 

[Artificial Intelligence]

What does that have to do with this?

Comparing figures.

 

[MicIsGod]

Let’s you know what those catalogs are really worth if they can give him that much money.

 

[Secure Da Bag]

How much does Daddy Yankee stand to benefit from the deal? The Latin hitmaker, whose Barrio Fino was the first reggaetón album to debut at No. 1 on Billboard’s Top Latin Albums chart in 2004, sold this portion of his catalog several years ago to a fund that asked not to be named. That fund sold the assets to Concord, so the artist will not get a cut of this sale of his works.

But Billboard reported in July that Daddy Yankee still owns part of his publishing catalog, which is administered worldwide by Sony Music Publishing and partly by Spirit Music in the United States. From 2021 to 2023, Daddy Yankee’s works averaged 375,333 album consumption units, with 346,000 album consumption units so far this year, according to Luminate.

So they never answered the question. How am I supposed to know the conversion rate between "album consumption units" and actual money.