Hits for sale: Notable artists who have had their music catalogs sell for big money
by Associated Press
Apr 04, 2024
3 minutes
On Thursday, it was announced that American rock band Kiss had sold their catalog, brand name and IP to Swedish company Pophouse Entertainment Group in a deal estimated to be over $300 million. They're the latest to participate in an ongoing trend of blockbuster acts and their rights holders inking deals to sell their back-catalogs, often for impressive sums.
It's big business — especially considering that two-thirds of all music streamed is made up of catalog music, and streaming accounts for
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