Transcript

Direct From Hollywood with Ryan Seacrest: Why Britney Spears Sold Her Entire Back Catalog of Music · Direct From Hollywood with Ryan Seacrest

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Speaker 1: Direct from Hollywood with Ryan Seacrest.
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Speaker 2: The trend of artists selling off rights to the entire
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Speaker 2: music catalog started with legacy artists iconic rock bands, before
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Speaker 2: more current stars started to do it.
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Speaker 3: Justin Bieber now Britney Spears.
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Speaker 4: Yeah, Brittany has made the decision to sell her entire
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Speaker 4: back catalog to a music publisher called Primary Wave, and
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Speaker 4: it obviously includes all of her iconic tracks I.
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Speaker 5: Mean Toxic, You Drive Me Crazy, Baby One More Time.
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Speaker 2: And on and on, dozens of hits we all instantly recognize.
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Speaker 2: And it's an interesting choice for an artist to surrender
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Speaker 2: rights to their music, but a lot of factors come
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Speaker 2: into play.
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Speaker 3: No longer having to manage it is a big one,
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Speaker 3: as is cold hard cash.
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Speaker 4: I mean. Details aren't made public, but sources are saying
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Speaker 4: it's similar to the deal that Justin Bieber signed, which
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Speaker 4: fetched him north of two hundred million dollars.
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Speaker 2: Is Brittany's very happy with that decision and has been
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Speaker 2: celebrating by spending time with her family.
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Speaker 1: That's direct from Hollywood.