John Legend just sold his entire music catalog for those Ms.

[NinoBrown]

John Legend nor anybody he knows he gonna be alive in the 22th century

Grand kids definitely should he survive that long.

 

[Paper Boi]

divorce incoming

 

[mobbinfms]

How much of his catalogue did he own anyway?
We don't know all the details
I believe they still retain some rights
It doesn't make any sense for all these artists to sell their entire catalogues
Why not 20-50%?

I don’t know. I would imagine there is a premium for selling 100%.

 

[Fanservice]

Fukk them kids

 

[IslandG]

I only know two John legend songs. Ordinary People and the collab with Kanye (Blame Game). His catalogue worth that much?

 

[TELL ME YA CHEESIN FAM?]

I don’t know. I would imagine there is a premium for selling 100%.

I feel you, but someone in a bind(if this is the reason they're selling) would only need to part with a small percentage and keep the rest

 

[FaTaL]

I only know two John legend songs. Ordinary People and the collab with Kanye (Blame Game). His catalogue worth that much?

No numbers have been released

 

[StretfordRed]

Streaming just ain’t paying those royalties anymore.

 

[RedCloakBlackWraithe]

Something fishy going on

yeah covid= no touring. these artists don't own masters so they make fractions of a penny per stream/ song sold.

 

[analog]

Folks kill me with the ownership obsession. You have folks that rather own 100% of a company that ain't making shyt instead of a stake in a company that nets you millions.

John Legend obviously did the math on what kind of income his music will generate over x amount of years. And if they're offering a nice premium above his estimate, then he's in every right to take that offer.

 

[Ed MOTHEREFFING G]

I only know two John legend songs. Ordinary People and the collab with Kanye (Blame Game). His catalogue worth that much?

All of me is one of the 20-50 biggest hits this entire generation and is a wedding classic. There is major value in that song alone.

 

[Squirrel from Meteor Man]

See Byron Allen or the countless other millionaires who can’t get what they want done in entertainment

 

[The G.O.D II]

Ownership = power. Not always about money.

Maybe he has bigger plans besides getting residuals from shytty Nissan commercials. Either way he’s still winning

 

[Wild self]

Something fishy going on

Either the industry going to crash, or something more apocalyptic about to go down

 

[Loose]

If these deals wasn't lucrative these companies wouldn't be offering to buy the rights, that's all I'll say.