Why Are Artists Selling Their Catalog?
Updated: Jun 25, 2021
As the music industry continues evolving at a rapid pace, artists, songwriters, and producers are beginning to sell rights to their catalogs. Why? The answer is simple - quick money. Large companies are beginning to look ahead at the value of an artist’s copyright in this streaming era and want to take advantage by having exclusive ownership of popular tracks and artists.
However, what was once a horrible decision to surrender rights to their creation, artists are now interested in doing so by being proactive in valuing their work first. This allows them to gain control of their career where they are able to decide the future of their music as opposed to being taken advantage of like in the past.
Watch a Video Explaining Why Major Artists are Selling Their Catalogues Below