This panel provides an overview of the history of monetization of creative libraries, recent transactions, impact of AI, streaming, and other factors regarding copyright and valuation methodology. Additionally, the panelists provide an introduction into music licensing, specifically who owns each type of copyright and when each type of license is needed; a brief history of selling copyrights, from securitizing (Bowie Bonds) more recent catalog sales, including the recent $1 billion partnership between The Weeknd and Lyric Capital; and a general discussion of how catalog sales are valued.
Learning Objectives:
- Attendees will understand the evolution of music and performance rights monetization, including key historical developments from early copyright structures to securitization and modern catalog sales.
- Attendees will identify the different types of music copyrights and licenses, including ownership distinctions and when specific licenses are required in practice.
- Attendees will analyze current valuation methodologies for music catalogs, including the impact of streaming, artificial intelligence, and recent high-profile transactions on pricing and deal structure.