The Weeknd has reportedly sold a large part of his music catalogue in a deal said to be worth around $1 billion, one of the biggest in music history. The agreement was made with Lyric Capital, a company that invests in artists’ music rights.
The deal covers a significant portion of The Weeknd’s recordings and publishing catalogue, including his global hits from the past decade. While exact details haven’t been made public, industry sources say the high value reflects his huge streaming numbers and the lasting impact of his songs.
The Weeknd’s albums, including After Hours and Dawn FM, have generated billions of streams worldwide and continue to be popular on charts. This makes his catalogue very attractive to investors looking for steady long-term returns.
Lyric Capital is known for working closely with artists, helping preserve their creative work while managing licensing, sync deals, and global rights. This approach reportedly helped secure the deal.
The reported $1 billion makes this one of the largest music catalogue sales ever. It also shows how streaming has made music rights more predictable and appealing to investors.
For The Weeknd, the deal provides financial security and more freedom to focus on new projects. Artists who sell their catalogues often keep some creative control while reducing the administrative work of managing their music rights.
