Multimillion dollar music catalogs

The Indicator from Planet Money

NPR

Business

4.7 • 9.2K Ratings

🗓️ 1 February 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

An increasing number of major musicians are selling their songwriting catalogs for tens – and even hundreds – of millions of dollars. What's going on?

Transcript

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0:00.0	NPR.
0:03.0	This is the indicator from Planet Money.
0:13.2	I'm Stacy Vannick-Smith and today I'm very excited because my friend and NPR culture
0:19.1	correspondent extraordinaire Anastasia Tsjolkis is here with us.
0:22.8	Hey Anastasia.
0:23.8	Hi Stacey I'm so happy to be here and I have a question for you.
0:27.9	What is the very first song you remember loving?
0:32.9	I really loved John Denver as a little kid.
0:36.2	My parents took me to one of his concerts and so Rocky Mountain High was like the first
0:41.3	song that I really remember just loving.
0:43.9	Amazing.
0:44.9	What about you Anastasia?
0:45.9	It's going to be something very sophisticated, isn't it?
0:50.0	It's going to be like Vivaldi.
0:52.7	Stravinsky.
0:56.7	What was the song that done it?
0:58.5	Right of spring and to be honest I bought it on the same trip that I also bought new
1:02.8	orders.
1:03.8	Singles collection, substance?
1:05.5	Okay.
1:06.5	I still stand by Rocky Mountain High.
1:08.5	It's an excellent song.
	...

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