In 2023, he secured roughly $1 billion in financing from New York-based investment firm Lyric Capital, which specializes in music royalties and intellectual-property- backed deals. It’s widely speculated he received around $250 million in upfront cash, with the rest structured as long-term financing tied to the future performance of his catalog.
That’s what makes this deal different. Most artists sell everything and lose creative control, but The
Weeknd kept full ownership while maintaining his royalty revenue.
Even without publicly explaining his plans, he just showed creators a new path forward, where your art isn’t something you give away, but something you build long- term wealth on.
Source:Lovinghananews.com
