It is structured such that Mr. Braun will continue to collect on the catalog’s earnings going forward. She said while she was initially optimistic about a partnership with the investment firm, when she learned that Mr. Braun will continue to benefit financially from her work, it was a “non-starter." The purchase is the firm’s first major investment in a music catalog. Representatives for Mr. Braun and Big Machine founder Scott Borchetta didn’t respond to requests for comment. Still, no matter who owns her recordings, Ms.
Source: Mint November 17, 2020 03:11 UTC