Dina Lapolt Entertainment record Music Dina Lapolt

Big Bank Theory: Inside the Nuances of Blockbuster Catalog Deals

Reading now: 920
variety.com

Bob Verini Sales of music catalogs, by big names for big bucks, have made many headlines in the past year. Experts believe the trend has not yet peaked, and hint that artists other than songwriters may have tempting intellectual property to offer.But it all hinges on the artist assembling a powerhouse team, because this is no run-of-the-mill transaction.Dina LaPolt, president of LaPolt Law P.C., says disposing of a catalog is “selling your copyrights or your income streams in perpetuity, and the financial benefits that come with them, for an upfront fee.” She adds, “You spend your whole life writing music that can amass tremendous value by the time you’re 70 or 80 years old.”Surrounding any such sale is a huge array of complications,.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA