R&B impresario the-Dream has made a startling decision over his master catalog. Hipgnosis Songs, a music IP investment firm set up by a former entertainment manager who once handled Beyonce and Guns N' Roses' affairs, struck a deal with the artist for $23 million dollars. The partnership will hand Hipgnosis a 75 percent stake in The-Dream's 302-song catalog.
The remaining 25 percent will be retained. Of course, the many accolades and songwriting credits will also stay perched on his mantle. We're talking: 25 Billboard top 10 songs and four Grammy Award trophies, for works either written, co-written or produced by The-Dream. some of his notable songwriting credits include Rihanna's "Umbrella," Bey's "Single Ladies (Put a Ring on It)," Kanye West's "All Of The Lights" and countless more.
As part of the deal, The-Dream will become part of Hipgnosis' advisory board. Aside from capturing the 75 percent stake, Hipgnosis has identified 7 other "pipeline" catalogs which would bring them over the one thousand mark for Global artists charting over the last 50 years. The arrangement is supposed to help artist develop a low risk strategy for royalty returns. In the year 2018, you can buy stocks in an artist's body of work. Say The-Dream's music is featured in a movie, well you get the picture.
Invest wisely folks.
The remaining 25 percent will be retained. Of course, the many accolades and songwriting credits will also stay perched on his mantle. We're talking: 25 Billboard top 10 songs and four Grammy Award trophies, for works either written, co-written or produced by The-Dream. some of his notable songwriting credits include Rihanna's "Umbrella," Bey's "Single Ladies (Put a Ring on It)," Kanye West's "All Of The Lights" and countless more.
As part of the deal, The-Dream will become part of Hipgnosis' advisory board. Aside from capturing the 75 percent stake, Hipgnosis has identified 7 other "pipeline" catalogs which would bring them over the one thousand mark for Global artists charting over the last 50 years. The arrangement is supposed to help artist develop a low risk strategy for royalty returns. In the year 2018, you can buy stocks in an artist's body of work. Say The-Dream's music is featured in a movie, well you get the picture.
Invest wisely folks.
