RZA SELLS OFF 50 PERCENT OF HIS WU-TANG CLAN & SOLO CATALOGS

[Don Dada]

RZA just made a monster business move. According to Variety, the Wu-Tang Clan legend has sold 50 percent of his Wu-Tang Clan and solo catalogs to music IP investment and song management company Hipgnosis Songs

RZA Sells Off 50 Percent Of His Wu-Tang Clan & Solo Catalogs

According to Variety, Wu-Tang Clan legend RZA has sold 50 percent of his Wu-Tang Clan and solo catalogs.

hiphopdx.com

 

[Soul_Rattler]

This shit ain't right.


A bag can't be sweeter than ownership.

 

[Elzo69Renaissance]

Lmao this is like when the Maven took over

 

[CeLLar-DooR]

These niggas again huh?

Personally I think they're way overestimatin' the stream revenue they finna collect over the years but time will tell

 

[Don Dada]

I hope every1 from the group gets paid.

 

[CeLLar-DooR]

I hope every1 from the group gets paid.

Most of them prolly cried tears of joy at the news

 

[The Lonious Monk]

Most of them prolly cried tears of joy at the news

I don't know. Rza seems to have a history of doing things like this without telling the other group members. They've never responded well to that.

 

[5 Grand]

But that's the purpose of owning your masters; to collect royalties, but at some point you gotta cash out before you die.

I don't know how much he sold them for, but he's been collecting money off of those songs for almost 30 years. I think he knows how much they're worth.

This is a good time in this stage of his career to cash in his chips and get all the money up front.

I wish I had a catalog like that to sell.

 

[Sony Montana]

Well if that’s what he wanted to do then congrats

 

[Busta Carmichael]

Wu stans bout to be in shambles once they hear shame on a nigga remix featuring China Mac and Beiber

 

[The Lonious Monk]

But that's the purpose of owning your masters; to collect royalties, but at some point you gotta cash out before you die.

I don't know how much he sold them for, but he's been collecting money off of those songs for almost 30 years. I think he knows how much they're worth.

This is a good time in this stage of his career to cash in his chips and get all the money up front.

I wish I had a catalog like that to sell.

I guess, but if you really thought your music was going to make money well into the future, why would you leave it to your children. That's generational wealth. The only way I can see this is being a good deal is if he was able to get more money from them than his family would have received from royalties over the years.

 

[AZTG]

RZA is a dude whose business acumen I trust. If he did it, he must have a good reason

 

[aka_og]

he had sense to keep half ownership - wish they all did if they're gonna sell

 

[Inori]

I wanna know what the hell this Merck Mercuriadis dude and Hipgnosis Songs is up to....

 

[5 Grand]

I guess, but if you really thought your music was going to make money well into the future, why would you leave it to your children. That's generational wealth. The only way I can see this is being a good deal is if he was able to get more money from them than his family would have received from royalties over the years.

What's better $1M per year for 70 years or $40M right now?

 

[SheerExcellence]

I hope he kept the hits and sold bobby digital and ugod albums

 

[Chicity]

Yeah.....I wanna know what Divine and the members of the taking Wu taking home....

 

[Black_Samson]

Wu stans bout to be in shambles once they hear shame on a nigga remix featuring China Mac and Beiber
View attachment 345020

Like that wasnt gon happen regardless.

Least this way it aint an actual Wu project.

 

[757'sFinest]

I hope he kept the hits and sold bobby digital and ugod albums

Hold on bruh that bobby digital album wasn't no slack ass shit
:wdf5:

 

[AZTG]

He sold his portion of the wu tang songs. This dont have anything to do with other Wu members I think