The Weeknd Strikes Landmark Catalogue Partnership with Lyric Capital Group

The Weeknd Closes Catalog Partnership With Lyric Capital Said to Be in $1 Billion Range, ‘Unique’ Deal ‘Sets New Standard for Artist Equity and Control’

The Weeknd and Lyric Capital Group have closed a deal forming a business venture together wherein Lyric has invested in the artist’s music catalog from inception through 2025, reps for the artist confirm to Variety. The deal sees the Weeknd — real name: Abel Tesfaye — and his team maintaining creative control over the catalog and remaining shareholders and owners in the company. The rep notes that the joint venture is not a conventional catalo…

The Weeknd Inks Catalog Partnership With Lyric Capital For A Reported $1 Billion

The Weeknd (born Abel Tesfaye) and Lyric Capital Group have closed on a historic deal.  According to Variety, their innovative partnership is worth a reported $1 billion to access the artist’s catalog. In a statement, Lyric shared the details of the deal. “From the beginning of the meeting, it was clear to all at Lyric that Abel would not sell his catalog,” the statement read. “He wanted to be more innovative and creative in the way we establish…

The Weeknd sells catalogue for $1 billion

Los Angeles, Dec 15 (SocialNews.XYZ) Singer-songwriter The Weeknd has struck gold with his latest catalogue deal. The singer has entered into a major new business venture marking one of the most significant catalogue deals ever made by a contemporary artist. Representatives for the 35-year-old singer, born Abel Tesfaye, confirm that he has sold his music catalogue spanning from the beginning of his career through 2025, reports ‘Female First UK’.…

The Weeknd strikes landmark catalogue partnership with Lyric Capital Group

The Weeknd has landed a first-of-its-kind catalogue deal with Lyric Capital Group said to be worth more than $1 billion.