On Tuesday, Ye said his publishing catalog was being put up for sale without his knowledge, and compared the situation to that of Taylor Swift trying to get her masters.
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West wrote that his publishing rights are not for sale.
According to the report, West is seeking up to 35 times the catalog's gross profit, a valuation higher than the usual 30 times most writers typically seek.
According to sources, West makes $5 million from his share of the catalog, which is valued at $175 million.
According to sources, the sale of the catalog is being administered by Sony Music, while others say that West did not seek a sale for his catalog, but received offers for it.
West has been contacted by Forbes.
West said it was similar to Taylor Swift. Swift said she lost the right to purchase her masters from Big Machine Records, which she signed a record deal with. Scooter Braun has denied that Swift was not aware of the deal. The ownership was sold to a private equity firm. Swift's first six albums were re-released in order to get back a sense of ownership.
West has released at least one studio album in his career. The album Donda 2 was released last year. Kids See Ghost with Kid Cudi was one of the albums he released.
$1 billion. According to Forbes, West's net worth is somewhere in the vicinity of $65 million. The rapper said last week that he intends to leave Adidas once his contract expires, and that could mean a drop in the company's value.
Some of the albums West owns the masters of. West called his record deals with the company and the music industry unfair. Last week, West said he wanted to end his partnership with Adidas. He told Forbes that when he talked to the board of Gap, they looked at him like he wasn't alive. In the last few years, stars have sold their catalogs.
The market for his song catalog is being tested.
Light, Liberation, Fire and Freedom is the title of the article.
He says that he will leave the Adidas and Gap partnerships once his contract ends.
He's ending his contract, according toKanye.
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