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

[mobbinfms]

I have an artist account, I can view the streams of anyone really. I try to bring numbers into discussions like these when possible.

Got it.
You know what I’m about to ask
If you don’t mind, I’d appreciate knowing what kind of numbers Mobb Deep does

 

[Harry B]

Something fishy going on

No, the investment community has trends like anything else.

Nowadays after central banks all over have been printing money for a decade, they are stacked with cash and not enough assets to invest in - especially not fixed income.

So naturally they've been looking further into other things, so called alternative investments, which includes stuff you'd expect like real estate, distressed securities, crypto etc. But also stuff like music, movie production, paintings and on.


People saying "music isn't attractive anymore"
Why would the most elite investors in the world buy into it if it wasn't

 

[Morethan1]

Looking forward to hearing this song on the next Geico commercial.

 

[Shadow King]

Most of the people doing this are 60+ and/or peaked so long ago it made sense to cash out. I don't think this made sense.

 

[Gizmo_Duck]

Something fishy going on

Trying to get tickets onboard the the space craft leaving earth

 

[3rd Ward Swangin]

bunch of emotional responses over here. but if a white artist did it, yall would be sucking them off

Expeditiously

 

[Blessings]

Most interesting part is the lack of financial details

 

[SadimirPutin]

the opportunity cost of money explains this

 

[UpAndComing]

Horrible move by John Legend

Licensing >>>>>>> Money

Revenue streams >>>>>>> Lump sum Cash

 

[Field Marshall Bradley]

Stupid

Smart actually... music game kind of dead and the industry is about merge into something different....

 

[Field Marshall Bradley]

They don’t use cakes and pastries as movie and commercial soundtracks.

Who controls those placements..... What is the future of Hollywood/Movie Theatres in general?

 

[Field Marshall Bradley]

Cashing out is always a good option but they’re giving up ownership and the chance for generational income.

There’s power in ownership. There’s a reason families like Kennedy, Welch, Walton, Kraft, Heinz, etc go on forever. If they sold off their businesses to the highest bidder they wouldn’t be up billions.

 

[NinoBrown]

Got it.
You know what I’m about to ask
If you don’t mind, I’d appreciate knowing what kind of numbers Mobb Deep does

NP, based on Spotify numbers, they are at about 80k-100k a day in streams on that platform...they only peaked @ 4 Mil on Spotify once Prodigy died. A little under a milly streams on all platforms.

 

[Higher Tech]

I'm sure he got the numbers he wanted. Someone, I think on Drink Champs, said that these deals are not in perpetuity. They last like 10 years or something like that. The devil is in the details.

 

[producingfire]

There are a lot of people pocket watching. These situations can't be based on the average world citizen working a day to day trying to keep their head above water. Living from check to check. We don't know all the details so all we can do is speculate. One thing is for sure, if this move works for the individual and their family (whoever it may be,) More power to them. I'm sure he' won't starve today, tomorrow, 20-30 or even 40 years from now, and if he's well versed in business he will give his kids something more valuable than money, the education on how to make money.