Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home TV

Justin Bieber, Katy Perry and More

rmtsa by rmtsa
September 20, 2023
in TV
0
Justin Bieber, Katy Perry and More
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Dexter: Resurrection – Season 1

‘Peacemaker’ Enters a Parallel World in Season 2 Trailer — DC TV Series

This Odd Jenna Ortega Movie Is Now on HBO Max — and Wednesday Fans Will Love It

Katy Perry is the latest musician who got a major payout for their music rights.

Litmus Music — a catalog rights company backed by private-equity firm Carlyle Group LP — announced in September 2023 that it acquired the rights to Perry’s five studio albums released with Capitol Records: One of the Boys, Teenage Dream, PRISM, Witness and Smile. Billboard reported that Litmus allegedly paid $225 million for Perry’s stake in the master recording royalties and music publishing rights.

Publishing rights usually stay with publishers and songwriters, with recorded writs belonging to labels and performers. Over the years, Hipgnosis Songs Fund and Primary Wave have risen as the primary companies buying artists’ back catalogs, paying out millions (and in the case of artists like Perry, Justin Bieber and Bruce Springsteen, hundreds of millions) to artists and labels to own the rights to their classic songs.

After securing the rights, these companies get all the money from royalties, licensing, brand deals and other revenue streams that would generally go to the artists, per Rolling Stone.

There are many reasons for a musician to sell their catalog. There’s a tax benefit: doing a one-time multimillion-dollar payout with a 20 percent tax is much more appealing than facing an annual tax rate as high as 37 percent.

It might also be worth more for an artist to take the multimillion-dollar buyout due to the modern music landscape. Streaming pays less than actual album sales used to, so to make money, an artist needs to tour. Unless you’re Taylor Swift or Beyoncé, even touring doesn’t make as much money as it once did.

Thank You!

You have successfully subscribed.

The move isn’t just for older legends securing a retirement fund for their golden years. Bieber sold his catalog for $200 million in 2023, ensuring that he will get that $200 million in his lifetime instead of holding onto the rights in the hope of accruing that money through licensing deals and royalties.

Scroll down for a list of major music stars who have sold their catalogs:



Source link

Tags: BieberJustinKatyPerry
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Dexter: Resurrection – Season 1

by rmtsa
July 27, 2025
0
Dexter: Resurrection – Season 1

Season 1 of Dexter: Resurrection has started airing on Showtime.Let us know your thoughts as the season progresses in the comments below and vote in the poll.NOTE: People...

Read more

‘Peacemaker’ Enters a Parallel World in Season 2 Trailer — DC TV Series

by rmtsa
July 26, 2025
0
‘Peacemaker’ Enters a Parallel World in Season 2 Trailer — DC TV Series

'Peacemaker' Enters a Parallel World in Season 2 Trailer — DC TV Series ad Source link

Read more

This Odd Jenna Ortega Movie Is Now on HBO Max — and Wednesday Fans Will Love It

by rmtsa
July 26, 2025
0
This Odd Jenna Ortega Movie Is Now on HBO Max — and Wednesday Fans Will Love It

Unicorns are pretty much universally associated with positive things — but what would happen if you got on one’s bad side? In Death of a Unicorn, a horror...

Read more

Guerdy Abraira Accuses RHOM Cast of “Icing” Her Out, Reveals Why She Exposed Julia’s Texts & Cruise Timeline

by rmtsa
July 26, 2025
0
Guerdy Abraira Accuses RHOM Cast of “Icing” Her Out, Reveals Why She Exposed Julia’s Texts & Cruise Timeline

2 Credit: Instagram, Bravo Fans of The Real Housewives of Miami were treated to good news when it was announced that Bravo had renewed the series for an...

Read more

5 Offsite Activations You Need to Hit!

by rmtsa
July 26, 2025
0
5 Offsite Activations You Need to Hit!

Inside, you get 2 drink tickets to use. The Lodgeman specialty drink was a highlight. I also very much enjoyed the frozen lemonade. There's also an assortment of...

Read more
Next Post
Report Say Odell Beckham Jr. Is Indeed Hanging Out With Kim K

Report Say Odell Beckham Jr. Is Indeed Hanging Out With Kim K

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Rebecca Romijn Says ‘Avengers: Doomsday’ Script Isn’t Finished
  • Dexter: Resurrection – Season 1
  • Mustard Releases His Own Condiments Line

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In