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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?
Welcome to "the org", laytonian… come bathe with me.
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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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