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Britney Spears sells rights to music catalog
- On December 30, Britney Spears finalized a sale transferring rights to almost 40 songs in her music catalog to Primary Wave, the New York Times reported.
- Since Sony Music owns and controls the catalog, it is unknown whether Spears sold her artist royalties, publishing rights, or both after her conservatorship release in 2021 after nearly 13 years.
- TMZ reported it obtained legal documents showing Spears sold her share of the catalog to Primary Wave; sources say her payout was likely around $200,000,000 and she is celebrating with her sons.
- Spears joins other artists selling catalogue rights, but key deal details remain undisclosed, leaving questions about control of name and likeness rights and publishing and artist royalties.
- Other recent catalogue deals show similar monetization trends, as The Deftones sold a majority stake to Warner Music Group with all but one member involved, while Slipknot sold rights to HarbourView Equity Partners seeking a mid- to high-double-digit multiple.
67 Articles
67 Articles
Britney Spears sells rights to music catalogue
LONDON — Pop star Britney Spears has sold her rights to her music catalogue to independent music publisher Primary Wave, the latest artist to strike a deal for her work. Entertainment site TMZ, citing legal documents it had obtained, first reported the news, saying the “Oops!… I Did It Again” and “Toxic” singer had signed the deal […] The post Britney Spears sells rights to music catalogue appeared first on Interaksyon.
Julie Tomeï tells us that Britney Spears, the pop icon of the 2000s, sold all of her musical rights to a publisher, Primary Wave, for 168 million euros. From now on, her songs no longer belong to her. (Culture, media and entertainment).
Jyllands-Posten
avisendanmark.dkPop star Britney Spears has sold the rights to her songs to the record label Primary Wave, according to several media outlets, including TMZ, BBC and Rolling Stone. TMZ first reported the sale...
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