Nelly Furtado Reportedly Set to Sell Catalog Rights for $50 Million

Started by Lazarus, May 09, 2022, 09:35:18 AM

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Nonchalantboi

I saw this a few weeks back and wonder why  :uhh: but Shakira and a few others did the same thing but I guess if it worth coins kudos to them I guess! Nelly delivered solid albums throughout her career tho

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Barbie Dangerous

I suppose because there's not much money to be made in the streaming era so this gives them guaranteed/instant money vs. a small amount over a period of time that could amount to peanuts.


Navyman

Quote from: Nonchalantboi on May 09, 2022, 10:12:02 AM
I saw this a few weeks back and wonder why  :uhh: but Shakira and a few others did the same thing but I guess if it worth coins kudos to them I guess! Nelly delivered solid albums throughout her career tho
Because as opposed to them getting let's say 15K - 20K per quater for residuals, they can get a big sum now and use it for something they need now. They may not be able to see that amount that they selling it for until over a span over their lifetime.

Amazing


Nine



Rxxf

Quote from: Big Barbie on May 09, 2022, 10:14:53 AM
I suppose because there's not much money to be made in the streaming era so this gives them guaranteed/instant money vs. a small amount over a period of time that could amount to peanuts.
BRANDY

Rxxf

I wish they would think long term, though - generational wealth. 
BRANDY

Rxxf

Quote from: Navyman on May 09, 2022, 10:21:24 AM
Quote from: Nonchalantboi on May 09, 2022, 10:12:02 AM
I saw this a few weeks back and wonder why  :uhh: but Shakira and a few others did the same thing but I guess if it worth coins kudos to them I guess! Nelly delivered solid albums throughout her career tho
Because as opposed to them getting let's say 15K - 20K per quater for residuals, they can get a big sum now and use it for something they need now. They may not be able to see that amount that they selling it for until over a span over their lifetime.

Totally understand this.
BRANDY

Rxxf

BRANDY

Barbie Dangerous

It seems like it makes the most sense to own your masters but sell at the right time these days. Unless physical sales dominate, streaming probably won't make much money for individual artists.


Rxxf

They need to add/change laws for streaming. 
Artists need to make money. 
BRANDY

Kaeli.

Yea this is a book for someone that hasn't been commercially relevant in like 15 years klfjsk;ljf

MUCH better than Lil Wayne selling all of young money's catalog for $100M when he likely could've gotten that for him, Nicki and Drake each 

The Only BLACK Kalmyks

Quote from: Rxxf on May 09, 2022, 07:24:20 PM
I wish they would think long term, though - generational wealth.
the lump sum could def translate to generational wealth as well if she just handles it/invests it right
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