Friday, December 17, 2021
Fact
The pandemic further upended the music industry, as artists were unable to make money from live performances, and more investors started taking advantage of historically low interest rates to cash in on music rights. “If most of your money is coming from catalog and you’re not looking to break new hits, then selling your assets can do more than enough to set you up for the rest of your life, and cover the shortfall from a lack of touring,” says Thakrar.
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