What is up with celebs doing this now???
Shakira sold 100% of her Publishing Catalog
|by Anonymous||reply 30||Last Thursday at 3:38 AM|
She looks like a CGI character.
|by Anonymous||reply 1||01/13/2021|
This bitch knows how to write?
|by Anonymous||reply 2||01/13/2021|
R2 she wrote all her songs.
|by Anonymous||reply 3||01/13/2021|
that's shocking. her songs are pure crap, but she seems too stupid to know how to write her own name.
|by Anonymous||reply 4||01/13/2021|
She’s not stupid at all. Wtf.
|by Anonymous||reply 5||01/13/2021|
She wants that money now.
|by Anonymous||reply 6||01/13/2021|
She needs to pay all those taxes she owes Spain.
|by Anonymous||reply 7||01/13/2021|
r1, r2, r4, r7 = J.Ho stans
|by Anonymous||reply 8||01/13/2021|
She's not stupid. She's a graduate of UPenn's four-week program in ancient Greek philosophy.
|by Anonymous||reply 9||01/13/2021|
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 Anonymous||reply 10||01/13/2021|
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 Anonymous||reply 11||01/13/2021|
How much did she get? $5?
|by Anonymous||reply 12||01/13/2021|
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 Anonymous||reply 13||01/13/2021|
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 Anonymous||reply 14||01/13/2021|
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 Anonymous||reply 15||01/13/2021|
Its not as if she's Michael Jackson or The Beatles....
|by Anonymous||reply 16||01/13/2021|
[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 Anonymous||reply 17||01/13/2021|
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 Anonymous||reply 18||01/13/2021|
Somebody paid for the rights to lyrics like Waka Waka
|by Anonymous||reply 19||01/13/2021|
I love Shakira.
She's not a desperate ho like this one...
|by Anonymous||reply 20||01/13/2021|
R20 what’s that album called NAKED GRANNY?
|by Anonymous||reply 21||01/13/2021|
Shakira has better taste in men than JHo
|by Anonymous||reply 22||01/13/2021|
[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 Anonymous||reply 23||01/13/2021|
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 Anonymous||reply 24||01/13/2021|
I think whoever gave her $100m for those shitty songs grossly overpaid.
|by Anonymous||reply 25||01/13/2021|
[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.
|by Anonymous||reply 26||01/13/2021|
Shakira did not donate that money her charity did. BIG difference.
|by Anonymous||reply 27||01/13/2021|
Lucky that her tits are small and humble!
|by Anonymous||reply 28||Last Thursday at 1:25 AM|
HOW MUCH DID THEY PAY SHAKIRA!!????
|by Anonymous||reply 29||Last Thursday at 2:59 AM|
R4 She’s actually a genius
|by Anonymous||reply 30||Last Thursday at 3:38 AM|