The Weeknd Is in Talks for a $1 Billion USD Music Catalog Deal

SummaryThe Weeknd is looking to raise $1 billion USD using his music catalog as collateralThis allows him to access capital without selling his music rightsThe deal, led by Lyric Capital Group, would be one of the largest of its kindIn a landmark move that could redefine the value of a music catalog, superstar The Weeknd is reportedly in talks to raise $1 billion USD in financing, using his music rights as collateral. The news, first reported by Bloomberg, has sent shockwaves through the industr...