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Shakira sold 100% of her Publishing Catalog

What is up with celebs doing this now???

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by Anonymousreply 30Last Thursday at 3:38 AM

She looks like a CGI character.

by Anonymousreply 101/13/2021

This bitch knows how to write?

by Anonymousreply 201/13/2021

R2 she wrote all her songs.

by Anonymousreply 301/13/2021

that's shocking. her songs are pure crap, but she seems too stupid to know how to write her own name.

by Anonymousreply 401/13/2021

She’s not stupid at all. Wtf.

by Anonymousreply 501/13/2021

She wants that money now.

by Anonymousreply 601/13/2021

She needs to pay all those taxes she owes Spain.

by Anonymousreply 701/13/2021

r1, r2, r4, r7 = J.Ho stans

by Anonymousreply 801/13/2021

She's not stupid. She's a graduate of UPenn's four-week program in ancient Greek philosophy.

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by Anonymousreply 901/13/2021

Her first album was actually really good. That Whenever, Wherever song got all the airplay and attention but it was a solid album that she co-wrote. I haven't followed her career since and only see the videos of the warbly pop songs but girl can write a song when she wants to.

by Anonymousreply 1001/13/2021

We're probably on the verge of a big percentage of music being digitally created. They probably realize that it's not going to be worth any more in the future.

Simpler answer - they want money now or need money now.

Or a combination of both.

by Anonymousreply 1101/13/2021

How much did she get? $5?

by Anonymousreply 1201/13/2021

R10 her debut English album was the best selling female album of the year it was released and had two of its three singles go to number one.

by Anonymousreply 1301/13/2021

R11 is correct. Spotify is killing music the same way Uber killed the cab business. Also, no touring income has many music stars in a bad place financially.

by Anonymousreply 1401/13/2021

Good point. I know someone in a moderately successful band. They didn't make such money from music sales. Their income was primarily from touring which they haven't done in over a year and he and his wife are living with her parents and the guys are all chipping in to help each other pay bills. They are on the lineup for the summer festival circuit in Europe but right now that's looking very unlikely. I think it's very hard to make money in the industry now.

by Anonymousreply 1501/13/2021

Its not as if she's Michael Jackson or The Beatles....

by Anonymousreply 1601/13/2021

[quote]that's shocking. her songs are pure crap, but she seems too stupid to know how to write her own name.

She is the best selling female latin artist of all time, inching in front of Gloria Estefan.

Selling your catalog is apparently is becoming the thing to do as you near the end of your career.

The company pays about 15 years worth of royalties up front, minimum but according to the company with tax relief it comes out to about 25 years of royalties up front.

by Anonymousreply 1701/13/2021

I read recently that Calvin Harris sold all his for $100MM.

It’s cheesy pop music, but yeah, why are these artists doing this???

by Anonymousreply 1801/13/2021

Somebody paid for the rights to lyrics like Waka Waka

by Anonymousreply 1901/13/2021

I love Shakira.

She's not a desperate ho like this one...

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by Anonymousreply 2001/13/2021

R20 what’s that album called NAKED GRANNY?

by Anonymousreply 2101/13/2021

Shakira has better taste in men than JHo

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by Anonymousreply 2201/13/2021

[quote]It’s cheesy pop music, but yeah, why are these artists doing this???

Stevie Nicks sold her rights for $100 million. Bob Dylan sold his for between $300 and $600 million.

Here's an explanation from Billboard but it's in PDF form so I'll just cut and paste that part.

[quote]OK. But why are catalog values so high today?

[quote]The biggest misconception is that it’s because of streaming, but it’s largely because of historically low interest rates: While forecasting future streaming revenue is critical to determining the value of a music catalog, there is an equally important factor — the value of receiving a dollar today compared to tomorrow. This “time value of money” concept is important in assessing not only the sale price, but also whether the money should be paid in a lump sum — a catalog sale — or over time [through] annual royalty payments. Today, inflation and interest rates are both at historic lows. So as long as inflation remains low, the buying power of one dollar today is likely to be very similar to one dollar tomorrow. That means buyers are willing to pay more for a music catalog today than they would be if inflation and/or interest rates were higher. Add in the uncertainty and potential decay of future revenue due to changing consumer preferences, new technology or reduced royalty rates, and the case for an artist selling their catalog today becomes even more compelling.

by Anonymousreply 2301/13/2021

This is a very savvy business decision. How many years left does she have to shake her ass to a willing and paying audience?? Might as well leave with some cash.

by Anonymousreply 2401/13/2021

I think whoever gave her $100m for those shitty songs grossly overpaid.

by Anonymousreply 2501/13/2021

[quote] The Colombian superstar revealed that the charity she co-founded, Latin America for Solidarity Foundation, will donate $40 million to help earthquake stricken Peru and damage caused by a hurricane in Nicaragua.

In 2007, she donated $40 or $45 million dollars. This stuck in my mind b/c it was so much money.

She has some decent songs and I do think she's talented.

I think she now just wants her money in one large chunk.

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by Anonymousreply 2601/13/2021

Shakira did not donate that money her charity did. BIG difference.

by Anonymousreply 2701/13/2021

Lucky that her tits are small and humble!

by Anonymousreply 28Last Thursday at 1:25 AM

HOW MUCH DID THEY PAY SHAKIRA!!????

by Anonymousreply 29Last Thursday at 2:59 AM

R4 She’s actually a genius

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by Anonymousreply 30Last Thursday at 3:38 AM
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