Story perspectives
The Weeknd Secures $1 Billion Deal for Music Catalog
12/14/2025
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Story summary
- The Weeknd and Lyric Capital Group formed a venture in which Lyric will invest in The Weeknd's music catalog through 2025, while The Weeknd retains creative control.
- The arrangement uses a unique "Royalty Backed Note" to boost artist equity and signals a shift from traditional catalog sales.
- The deal is over $1 billion, one of the largest for a single artist's catalog, and The Weeknd will continue publishing with Universal.
