Joni Mitchell once wrote about the secret to a long-term relationship and said: the secret is knowing when you have found love, and committing to it.
1/ "If you want endless repetition, see a lot of different people. If you want infinite variety, stay with one."
$200m is a lot to us but Blackstone manages what, like $500bn+? Star power sells (Beyonce just made $25m in 1 hour), and to me a catalog sounds easier to deal with than a person. Also, if AI generated music takes off they'll have some exclusive high quality training materials
Here's what I want to know. Loads of artists are selling their catalogs to funds. Because there's no money left in royalties or plays. But why are the funds paying so much? And how will the fund make money from the catalog ?