The music assets could bring in more than $300 million, sources say, adding the proposed deal does not include the duo’s very lucrative merchandising assets.
Artists like Diddy and R. Kelly with millions of streams and hundreds of thousands of equivalent album units each year can struggle to sell music catalogs amid legal issues.
A breakdown of how much his music catalog would be worth on the open market.
A breakdown of how much his music catalog would be worth on the open market.
As public song portfolio funds disappear, investors are increasingly putting money in asset-backed securitizations.
