A stealthy startup led by Tidal’s former COO plans to turn throwback tracks into modern hits

Dec 16 2022 by The Verge

 
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It’s payday for some of music’s biggest names: Bruce Springsteen sold the rights to his catalog for a reported $550 million last year. Bob Dylan struck a similar deal for an estimated $300 million in late 2020. Paul Simon’s catalog changed hands for $250 million. And in early 2022, David Bowie’s estate secured at least $250 million in a deal encompassing titles from nearly 30 albums.

This music rights gold rush is due to both the...

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