From Billboard
Kanye West has been quietly and intermittently shopping his publishing catalog — an asset that generates about $5 million a year for the hip-hop star, sources tell Billboard. Over the past 10 months, representatives for West have met selectively with prospective buyers to explore what kind of valuation his song catalog could fetch, these sources say.
While no price tag has been put on the catalog as far as Billboard’s reporting could determine, it is understood among those who’ve been queried about the catalog that the superstar is seeking an eye-popping valuation: as much as 35 times net publisher’s share, or gross profit. To entice buyers to pay that much — a multiple beyond the upper end of current catalog valuation pricing — sources say that the buyer would also get the opportunity to sign a go-forward publishing deal with the multi-platinum artist.
Billboard estimates that the songs in West’s catalog generates upwards of $13.25 million in publishing royalties annually. But because songs from his later albums can have anywhere from 10 to 24 songwriters credited for each song (including songwriters on the sampled songs), it’s difficult to come up with an exact valuation for his share of the publishing payday. Looking at the catalog piecemeal, Billboard estimates that West has a 35% share of the songwriting on his first four albums, while on the later albums, it appears he has a 20% share of the writing. Sources say West’s share comes to $5 million annually.
12 comments:
Wait…I thought him and Kim said he was the richest Black man in America? That he was a billionaire? You mean the fake billionaire who doesn’t pay his bills, ask the church choir, Big Sean, Teyanna Taylor, and his ghost writers about that, out here trying to sell his 35% publishing for quick cash? When he said slavery was a choice, obviously he was talking about himself. This fool really is a “new slave”. He hasn’t had a true hit in over a decade, and is now known more for his rants and raves and homeless couture than as an artist and his music. Kanye is not crazy he’s just a narcissistic manipulator who’s karma is rolling back on him. Kim you and your fake sex tape that you and your mama directed is up next on the karma wheel.
Thisssssssss☝️. All of thisssssss☝️
Agreed. This dude is so not a billionaire. And after he sells, he’ll complain later and want y’all to fight for him to get it back.
He broke and been broke. His tricking off on lame bitches is catching up on him. Remember he spent $200k on Julia Fox wardrobe
So, Kim K is about to make a ton of extra unexpected cash from this upcoming sale. haaaa haaaa haaaa! IDIOT.
Wow, Kanye is being exposed. Good. Maybe it will stop all these people from lying about their net worth just to pretend they're richer than the next man. Why can't they just be happy about their lives?
Now Kanye is saying his catalog is not for sale and someone is trying to sell it without his permission.
I wish the Kardashians would purchase it. They already control the man. Might as well own the music.
11:09am Say it again for the nonbelievers and morons that believe this idiot is a billionaire genius.
11:09....Said it ALL....these dumb ass, thirsty bloggers pick up any story & run with it & gullible dick riders feed into it without any questions... When did the majority of people become so fukin stupid?!
Common Sense ain't so common out'chea!
This don't sound right, especially after his tirade when JayZ sold Kanye publishing. Also Kanye is the BOSS of Kanye, him selling don't make sense. I'm not buyin this.
Is he trying to make enough money to open up his own stores? Selling catalogs is for retirement. When your done touring and want to sit back and enjoy the fruits of your labor. Or leave it for your kids.
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