Buying Catalogues - A Primer

Ongoing History of New Music

Curiouscast

Music History, History, Music, Music Interviews, Music Commentary

4.8 • 604 Ratings

🗓️ 19 April 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

There is a new gold rush going on right now—but this one is different...it has nothing to do with minerals or oil or any other traditional commodity...it’s not what we’ve seen with crypto currency...it may have to do with stock markets, but not always...and yet it’s a form of investment, one that should continue to pay off for decades to come... I’m talking about the rush to buy up song catalogues, the rights to material created by some of the biggest artists on the planet...you’ve probably heard of some of these transactions... Everyone from the killers to Barry Manilow to Silverchair to the Beach Boys to members of Alice In Chains have cashed out...Imagine Dragons netted $100 million...Justin Bieber, $200 million...the Chili Peppers, $140 million...Bruce Springsteen sold his music for over half a billion dollars... There are about a dozen well-capitalized companies in this game...they’re spending billions of dollars hundreds of thousands of songs...who are they and where’s the money coming from?... If someone is buying, who’s selling?...who sets the price?...if you’re a successful musician, what are the advantages to selling you’re life’s work?...how long has this been going on?...and what do these big catalogue says mean for the future?... Let’s find out...this is a primer on the stampede to buy (and own) the greatest music of all time... Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey, it's Alan, and I just wanted to let you know that you can now listen to the ongoing
0:04.3	history of new music early and ad-free on Amazon music, included with Prime.
0:09.6	This podcast is sponsored by BetterHelp. Feeling lost, stressed out, anxious, welcome to the
0:16.4	club. The 24-hour news cycle and doom scrolling and the constant bombardment of information from all directions affect all of us.
0:24.2	Yet we're expected to hold it all together, something that's easier said than done.
0:28.3	Men have this thing, too, that we're supposed to be strong and steady, performers and providers.
0:33.6	And you know what a lot of us do?
0:35.4	We just push it down into that black ball inside of us because,
0:38.4	well, that's what guys do. We're tough, right? But that leads to depression and burnout and other,
0:45.0	shall we say, unhealthy activities as we try to cope. Here's the truth. It's okay to admit that you're
0:51.7	struggling and that you need someone to talk to.
0:54.8	Doing something about your mental health takes strength.
0:57.9	And once you begin to open up and admit all the burdens that you're carrying around,
1:01.3	you can work on being the best you can be for yourself, your loved ones, and everyone around you.
1:06.1	Now, trust me on this.
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	...

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