When looking for alternative asset classes, some spenders are looking at music royalties as a way to invest without depending on traditional stock market trends.
Historically, music catalogs generally cost tens or even hundreds of millions and were rarely chopped up song by song, let alone down to a percentage of a single track. Creators were often underpaid for their music as well. But, the evolution of streaming services is changing the way royalties make money. From movie and TV show music catalogs to songs by hip hop artists Cardi B and Tupac, investing in music has proven to be a lucrative business — for artists and investors alike.
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