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Forums > Music: Non-Prince > Jason Aldean Sells Catalog to Spirit Music in $100 Million Deal
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Thread started 02/24/22 7:51am

TrivialPursuit

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Jason Aldean Sells Catalog to Spirit Music in $100 Million Deal

Varity says, in part:

Country star Jason Aldean has sold 90% of his recorded-music catalog to the indie Spirit Music Group, the company announced Thursday, in a deal sources say was worth upwards of $100 million.

The acquisition includes 90% of Aldean’s recorded music catalog and encompasses nine albums in total, six of which are certified platinum. The deal covers Aldean’s discography starting from his self-titled 2005 debut through his ninth album, 2019’s “9.” The acquisition also includes neighbouring rights and SoundExchange royalties. Aldean retains an income interest.

“It’s cool that a company like Spirit, that’s been around so long, has taken on my music catalog. It’s something really important to me, so I’m glad it’ll be looked after,” said Jason Aldean.

“Jason Aldean has been a consistent hitmaker and trailblazer in country music for nearly two decades. His recordings have helped define the sound of modern country music. Spirit Music Group is excited to partner with Jason and we look forward to further championing these important recordings to the world,” said Frank Rogers, CEO, Spirit Music Nashville.

Sorry, it's the Hodgkin's talking.
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Reply #1 posted 02/27/22 1:39pm

Cinny

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That is very impressive for an aughties artist.
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Reply #2 posted 02/27/22 6:44pm

89Flowers

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Make your money now until you can fully tour again seeing as downloads and streaming is still a money pit.

This post has been modified from its original thought. It has been formatted to fit into the space and run in the time allotted.
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Reply #3 posted 02/28/22 8:03am

rockford

Maybe he's doing it so he can give it all to Trump and become the conman's latest mark.

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Reply #4 posted 02/28/22 12:40pm

TrivialPursuit

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rockford said:

Maybe he's doing it so he can give it all to Trump and become the conman's latest mark.


The Politics & Religion Forum is closed. For a reason. Let's stay on topic.

Sorry, it's the Hodgkin's talking.
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Reply #5 posted 02/28/22 12:42pm

TrivialPursuit

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89Flowers said:

Make your money now until you can fully tour again seeing as downloads and streaming is still a money pit.


There's truth in that. Artists can make money from touring way more than record sales. I remember Dave Matthews talking about Napster back in the hubbub of that, saying he made his money from touring, not necessarily selling records.

Does that justify selling off one's catalog? I suppose that's up to the artist themselves. Aldean does seem like a "way too young" sorta guy to do that.

It's also surprising who owns their music and who just has rights to stuff and sells off those rights. It's an interesting balance.

Sorry, it's the Hodgkin's talking.
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Reply #6 posted 03/01/22 11:07am

SolaceAHA

Yeah the older artists are mainly doing it for their estates to simplify it all. Younger artists like this or john Legend, they pretty much are not going to have big selling albums or singles its all about streaming if you are of a certain age group or demographic .

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