While prices for royalties have come down, digital-music profits continue to grow as stable revenue draws investors.
The music-royalty business appears to be living up to its reputation as a provider of steady returns in good times and bad, as fortunes in song streaming continue to grow despite economic headwinds.
Two music-industry lawyers told MarketWatch that despite inflation and uncertainty in the financial world, they’re seeing more music-royalty transactions on the horizon as the music-streaming business continues to grow. In a year when many institutional investors have cut back on their investments in private-equity funds, money raised by standalone private-equity music-royalty funds has increased.
This is one key attribute that has attracted private capital into the space to compete with music companies. “We’re seeing a drop in purchase prices upwards of 30%, but there’s still demand,” Vaquerano said. “Not one day goes by without getting an artist or broker asking if an artist we represent is interested in selling their catalog. It’s a very fervent market.”
There’s no real formula that lawyers follow in the business, she said, because each deal is different, depending on the artist, their hits and their audience.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
CoinMarketCap News, Dec 14: SBF Faces the Music, as Prosecutors Warn 'We're Not Done' | CoinMarketCapWhat's hot today on Dec 14: Sam Bankman-Fried denied bail in Bahamas ❌ SEC says SBF orchestrated 'massive' fraud 😬 Criminal charges against Bankman-Fried revealed 🚨 FTX's new CEO talks to Congress… 💸 …as furious politicians attack SBF 😡
Leer más »
How a tattooed punk music-loving electrician disrupted the race for Colorado’s new congressional districtRichard Ward, the Libertarian candidate for the 8th Congressional District — one of the most competitive and closely watched U.S. House races in the country — may have singlehandedly tipped the Nov…
Leer más »
How does music affect your brain?Music can have wide-ranging effects on the brain, impacting everything from cognitive performance to stress levels.
Leer más »
Twitter queen Dionne Warwick discusses music, singing with Chance the Rapper and chiding Snoop DoggThe singing legend, who turned 82 on Dec. 10, is on the road again. Our interview includes a bonus Q&A.
Leer más »
Zach Randolph Wants to Be the Next Music MogulFrom creating his own music label to signing Moneybagg Yo, the former NBA star wants to build an empire.
Leer más »
BUMZU Breaks Down His K-Pop Process & Creating Music With ‘An Unchanging Set of Values’Plus, the in-demand hitmaker shares the stories behind notable songs he crafted with BTS’ Jin, SEVENTEEN, NCT 127 and more.
Leer más »