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

Don Dada

Don Dada

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Jul 10, 2019
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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


hiphopdx.com

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 hiphopdx.com
 
These niggas again huh?

Personally I think they're way overestimatin' the stream revenue they finna collect over the years but time will tell
 
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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.
 
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5 Grand said:
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.
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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.
 
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RZA is a dude whose business acumen I trust. If he did it, he must have a good reason
 
he had sense to keep half ownership - wish they all did if they're gonna sell
 
The Lonious Monk said:
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.
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What's better $1M per year for 70 years or $40M right now?
 
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