For artists, selling their music catalogs may offset declining income from live performances and tours, which can make up a huge portion of their business. “From the seller side, [many] whose greatest period of hit-making production was in the 70’s or 80’s or 90’s are now approaching older years and are doing estate planning.” Two of the largest rights acquirers, Primary Wave and Hipgnosis Songs Fund, have backings from leading financial institutions.
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