Lot of people with deep catalogs are cashing out. I heard on npr that old music is selling more than new music. Kind of wish the artists would hold on and let the labels fry. Don’t blame em tho, hundreds of millions dangling in your face is pretty tempting.
STOP. THIS. BAD. TALKING. POINT.
You're music is not going to reach it's full value by you independently owning it, in your lifetime. Music is not mailbox money. You've actually got to be the publisher and licenser to actually have it make money.
John Legend sold his catalog for $150 million. The company that bought it don't care if that don't recoup that in the next 50 years because they buy a gang of catalogs.
John Legend will be dead in 50 years. Or alive and not wanting to manage a damn catalog.
And miss me with that "generational wealth" shyt. Name three black artists who's family took good care of their catalog after they died?
Prince family almost immediately sold it.