Legacy Artist Divestment
Legacy Artist Divestment in the music industry refers to the trend of established artists or their estates selling their music catalogs and intellectual property rights to investment firms or major labels. This often involves significant financial transactions, driven by factors such as estate planning, immediate liquidity, or the desire to capitalize on the long-term value of their musical works¹. It also encompasses efforts to ensure fair compensation for legacy artists, including addressing unrecouped royalties and securing payments for pre-1972 recordings².
Sources
Legacy Artist Divestment
Legacy Artist Divestment in the music industry refers to the trend of established artists or their estates selling their music catalogs and intellectual property rights to investment firms or major labels. This often involves significant financial transactions, driven by factors such as estate planning, immediate liquidity, or the desire to capitalize on the long-term value of their musical works¹. It also encompasses efforts to ensure fair compensation for legacy artists, including addressing unrecouped royalties and securing payments for pre-1972 recordings².
Sources
Legacy Artist Divestment
Legacy Artist Divestment in the music industry refers to the trend of established artists or their estates selling their music catalogs and intellectual property rights to investment firms or major labels. This often involves significant financial transactions, driven by factors such as estate planning, immediate liquidity, or the desire to capitalize on the long-term value of their musical works¹. It also encompasses efforts to ensure fair compensation for legacy artists, including addressing unrecouped royalties and securing payments for pre-1972 recordings².
Sources
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