Even for many non-country music fans, the name Garth Brooks likely rings a bell.
Whether it’s the fact that the “Friends in Low Places” singer recently surpassed 200 million albums sold — the most units ever sold by a musician in U.S. history — or that he’s the only artist to ever have 10 albums that reached certified diamond status, meaning at least 10 million units sold, Brooks has etched his name into the music history books.
None of that would’ve been possible without his extensive, critically acclaimed music catalog. Many would consider it priceless.
Brooks apparently thinks that it’s worth about $2 billion, according to a shocking report fromThe Wall Street Journal.
The 64-year-old country legend is mulling over the potential sale of his entire music catalog, which includes both publishing and recorded music rights, for the eye-watering price tag.
It’s unclear who the potential purchasing party would be.
It’s also not quite clear whether this would be the biggest deal of this sort in history, particularly when adjusting for inflation, but it’s unquestionably the biggest deal in recent history — and by a fairly significant margin.
AsUSA Todaypoints out, the unprecedented deal is nearly double the 2024 reported sale of rock band Queen’s music catalog to the Sony Group Corporation of approximately $1.3 billion.
And the potential Brooks deal would be about quadruple what Sony paid for Bruce Springsteen’s music catalog, which was purchased for $500 million in 2021.
The only comparable deal in recent history would be Sony’s 2024 purchase of half of Michael Jackson’s catalog, which came in at roughly $1 billion.
Source: VidNews » Feed
