Fans don’t really know what catalogs are worth. It’s not worth $500M just because you think it is.
Getting $200M already would mark him amongst the biggest deals ever. He wasn’t gonna see $200M off his percentage. People with 5-6 decades or work aren’t selling for much higher unless you’re a Bob Dylan or Springsteen
The company buying it isnt planning on making less than 200 million so I’m not too sure how you’re even saying this. It’s obviously a long term vs short term play.
Fans don’t really know what catalogs are worth. It’s not worth $500M just because you think it is.
Getting $200M already would mark him amongst the biggest deals ever. He wasn’t gonna see $200M off his percentage. People with 5-6 decades or work aren’t selling for much higher unless you’re a Bob Dylan or Springsteen
You can speculate pretty well because Spotify does offer their payout breakout as public information and you have stream numbers
Look it up, an artist like beiber banked 30M gross annually on the LOW end in the last decade
200m What a f***ing bum. Bugatti Biebs? More like BMW Biebs, YIKES
that nigga ridin a lugz bike rn
20 plus years of streams would've never made him 200 mill. OP doesnt know wtf hes talking about.
As someone who’s already worth a couple hundred million, getting $200M now that you can reinvest in other s***, and still continue a solid recording/performance career is a hard thing to sell as a “bad deal”
Wonder if he had debt issues and needed a quick $200 million ? Or just doesn’t gaf and saw a $200 mill payout and was happy w it
20 plus years of streams would've never made him 200 mill. OP doesnt know wtf hes talking about.
In the last decade he’s generated 1/5 of that 200M figure regularly on an annual basis
It’s not hard math
And if you think about the present value of those future cash flows from royalties in cash flows from streaming + media rights of his music + full concert performances (he has to pay to play his own music live now) + remastered releases in the future for the next 20-30 years
It’s easily exceeding 200M in 2023 dollars
20 plus years of streams would've never made him 200 mill. OP doesnt know wtf hes talking about.
So the company that bought it, did so, why? To lose money? Lol. Come on now. There is no way those predatory music labels are just buying entire catalogs without plans on recouping in a major way.
It’s private equity news flow and I work in the industry
A s***ty deal is a s***ty deal lmao
To someone who came from nothing, there isn’t much difference between $200 million and $500 million, especially when the $200 is upfront and guaranteed right now whereas the $500 is a speculative estimate for the future
As someone who’s already worth a couple hundred million, getting $200M now that you can reinvest in other s***, and still continue a solid recording/performance career is a hard thing to sell as a “bad deal”
Investing even half of that 200M could potentially yield way more than what he would have received from streaming
Only way artists will "regret" these deals is if the pay model for streaming changes in the future
U dont know what percentage of his streams hes even getting and stream payout legit might not add up to 200 Ms lol
Plus 200 Ms is a lot of f***ing money
Only on KTT will someone get clowned for getting a check for $200 M’s
Loser ass behavior
He probably doesn't get s*** from sales or streams. Dude just wants to live.
I ain't mad at it
He probably doesn't get s*** from sales or streams. Dude just wants to live.
I ain't mad at it
It’s public what he makes from streams
The company buying it isnt planning on making less than 200 million so I’m not too sure how you’re even saying this. It’s obviously a long term vs short term play.
It’s a risk both ways but at the end of the day a $200M payout you can utilize now is never going to be a bad deal for the artist
There’s no assurances Bieber’s music has long term plays either or he would have seen that money in a long term span.
It’s not like the money just sits in his savings account. Bieber is a business owner and investor. He and his family are set for life regardless
Investing even half of that 200M could potentially yield way more than what he would have received from streaming
So why would the largest PE firm bother buying his catalog then if 200M in liquid cash is better than Justin Beiber royalties until in the end of time?
this just in @op and most of ktt have no idea how much 200 million dollars is.