The-Dream Sells 75% Of His Catalog For $23 Million

R&B impresario the-Dream has made a startling decision over his master catalog. Hipgnosis Songs, a music IP investment firm set up by a former entertainment manager who once handled Beyonce and Guns N’ Roses’ affairs, struck a deal with the artist for $23 million dollars. The partnership will hand Hipgnosis a 75 percent stake in The-Dream’s 302-song catalog.

The remaining 25 percent will be retained. Of course, the many accolades and songwriting credits will also stay perched on his mantle. We’re talking: 25 Billboard top 10 songs and four Grammy Award trophies, for works either written, co-written or produced by The-Dream. some his notable songwriting credits include Rihanna’s “Umbrella,” Bey’s “Single Ladies (Put a Ring on It),” Kanye West’s “All Of The Lights” and countless more.

As part the deal, The-Dream will become part Hipgnosis’ advisory board. Aside from capturing the 75 percent stake, Hipgnosis has identified 7 other “pipeline” catalogs which would bring them over the one thousand mark for Global artists charting over the last 50 years. The arrangement is supposed to help artist develop a low risk strategy for royalty returns. In the year 2018, you can buy stocks in an artist’s body work. Say The-Dream’s music is featured in a movie, well you get the picture.

Invest wisely folks. 

Spotify Will Be Making Its Stock Market Debut Today

All you stock market aficionados out there, listen up! You might be interested to know that Spotify, one the largest music streaming services on planet Earth, is about to go public.

The music streaming giant will be making its Wall Street debut sometime today, and analysts are giving the company an initial estimated value $25 billion.

That’s quite a lot money considering the company’s circumstances. Spotify launched 12 years ago as a free service that relied on advertising to generate prit. Despite that, as well as the revenue generated from their premium subscriptions, Spotify has never actually made a prit. According to this report from The Fader, Spotify has actually made losses over $1 billion over the last three years. 

This is in addition to a bizarre model that Spotify will be using for their IPO. Traditionally, corporations issue new stock that will be sold to the public for a specific price when it appears on the stock market. Hoever, according to The Guardian, Spotify has instead opted to sell already existing shares currently being held by private investors. This will save them millions in fees, but the shares won’t be purchasable at a set price, which will lead to a lot volatility while investors settle on an appropriate price. That being said, experts are currently estimating a price $132 per share.

Overall, this could lead to a tricky situation for investors, who will have to be willing to buy in at a volatile price for a company that has never reported a prit.