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- Britney Spears sells the rights to her music catalog (nbcnews.com)
Britney Spears Sells Music Catalog in Reported $200 Million Deal
Hollywood, CA – Pop icon Britney Spears has reportedly sold the rights to her extensive music catalog to the publishing powerhouse Primary Wave. A source familiar with the confidential negotiations indicated the deal was valued at approximately $200 million. Neither Spears’ representatives nor a spokesperson for Primary Wave have yet responded to requests for comment regarding the transaction.
Spears, 44, burst onto the music scene in 1999 and quickly became a global sensation, accumulating a string of chart-topping hits including “Oops!… I Did It Again!,” “…Baby One More Time,” “Gimme More,” “Circus,” and “Not A Girl, Not Yet A Woman.”
This significant financial move comes after a transformative period for the pop superstar. In 2021, Spears was released from a 13-year conservatorship that had granted others control over nearly every aspect of her life, a period she candidly detailed in her 2023 memoir, “The Woman In Me.” The book was a massive success, selling 1.1 million copies in its first week in the U.S., and its film adaptation rights were subsequently acquired by Universal Pictures.
Since regaining her independence, Spears has navigated personal changes, including her marriage and subsequent divorce from Sam Asghari. She continues to captivate public attention through her active social media presence, frequently sharing dance videos and enigmatic posts on Instagram.
Recently, Spears shared a deeply personal reflection on Instagram, expressing gratitude for being alive despite what she described as mistreatment from her family, and admitting to being “scared” of her relatives. The caption has since been removed, leaving only a poignant image of an adult holding a baby’s hand.
Spears joins a growing list of high-profile artists who have opted to sell their music catalogs in recent years. This trend includes legends like Bob Dylan, who sold his recorded music to Sony Music Entertainment in 2022 and his entire catalog to the Universal Music Group in 2020, and Bruce Springsteen, who sold his catalog to Sony Music for an estimated $500 million in 2021.
Primary Wave boasts an impressive portfolio, owning rights to music by artists such as Stevie Nicks and the estates of iconic figures like Prince and Biggie Smalls. The company’s website highlights its vast collection, noting that the songs it represents include over 1,000 Top 10 singles and more than 400 No. 1 hits.
The news of Spears’ catalog sale was initially reported by TMZ.
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- Britney Spears sells the rights to her music catalog (nbcnews.com)