The-Dream Sells 75% Of His Music Catalog For $23 Million!

The-Dream Sells 75% Of His Music Catalog For $23 Million!

 

Superstar producer #TheDream is out here making money moves, y’all!! Hipgnosis Songs Fund Limited, which is a company recently launched by former #EltonJohn and #GunsNRoses manager #MerckMercuriadis, just purchased 75% of The-Dream’s catalog for $23 million!!

“I’m proud to be part of this beautiful venture,” Dream tells @Variety. “Merck is a music titan who began his career well before I ever imagined having one. His futuristic views captured my attention and instantly made an impact. Merck sees me as I see myself. I sought out to be my generation’s Babyface and Dr. Dre, he sees the same.”

Songs in the catalog include Rihanna’s “Umbrella,” Beyonce’s “Single Ladies (Put a Ring On it),” Justin Bieber’s “Baby” and Mariah Carey’s “Touch My Body,” as well as a few of Dream’s own releases.

Congratulations! 

TSR STAFF: Talia O. @theclosetratchet on IG

Source: https://variety.com/2018/biz/news/hipgnosis-songs-pays-23-million-for-stake-in-the-dream-catalog-lists-on-london-stock-exchange-1202870792/

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