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Thread started 06/19/24 7:16pm

laytonian

Prince's catalog-- how much did it sell for?

Don't is paying ONE BILLION for Queen's catalog.
How much did Primary Wave pay for half of Prince's?
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Reply #1 posted 06/20/24 10:22am

billymeade

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65M

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Reply #2 posted 06/20/24 3:36pm

laytonian

billymeade said:

65M



If that's all, there should be a fraud investigatiin.
[Edited 6/20/24 15:38pm]
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Reply #3 posted 06/21/24 8:18am

Se7en

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Source for the $65M number?

I'm curious to learn more. You read about high-value full catalog sales from David Bowie, Bruce Springsteen, Bob Dylan and now Queen.

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Reply #4 posted 06/27/24 8:21pm

billymeade

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Se7en said:

Source for the $65M number?

I'm curious to learn more. You read about high-value full catalog sales from David Bowie, Bruce Springsteen, Bob Dylan and now Queen.


Prince estate was valued at $156 million -
https://www.forbes.com/si...-business/
.

Primary Wave owns 42% of the estate -
https://primarywave.com/p...ce-estate/
.

.

156*.42 = 65.52

[Edited 6/27/24 20:21pm]

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Reply #5 posted 06/28/24 2:01am

Rough

laytonian said:

Don't is paying ONE BILLION for Queen's catalog. How much did Primary Wave pay for half of Prince's?

I am pretty sure you can't compare this two cases.

As far as I see in Queens case:

Queen owned and sold 100% of their publishing rights + 100% of their recording rights (masters) + 100% Queen Trademark (merchandising etc.)

What did The Prince estate exactly own? Not 100 % of all rights for sure!

for example - publishing for Prince is still operated by Universal Music. There are stll Prince albums reissued by Warner and Sony. And even the D+P SDE was operated by NPG Records which is still operated Warner.

So who knows what rights and how many % of them exactly The Estate owned/owns? I am pretty sure we don't have a clue

[Edited 6/28/24 2:02am]

[Edited 6/28/24 2:02am]

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