In August, reports claimed that The Weeknd was in talks with investment firm Lyric Capital Group to raise $1bn of financing.
A representative for The Weeknd confirmed to Variety that the artist and his team will remain shareholders with “creative ...
The deal, which sees the artist and his team still maintain creative control over the catalog, redefines artist equity.
Digital Music News on MSN
The Weeknd finalizes $1 billion+ catalog mega-deal with Lyric Capital—'No ABS or securitization deal here'
The Weeknd closes a $1 billion-plus catalog deal with Lyric Capital in which the artist and his team maintain creative ...
The Weeknd and Lyric Capital Group have forged a $1 billion catalog partnership, unique in its approach to artist's integrity ...
The Weeknd has inked a rumored $1 billion deal that grants him unprecedented control of his own musical catalog.
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