Primary Wave Adds Sarah McLachlan to Music Catalog Roster Alongside Bob Marley, Whitney Houston
Justin Bieber sold his catalog to Hipgnosis for $200 million, the largest deal for any artist in his generation. McLaughlan most certainly received less than the $500 million Bruce Springsteen pocketed in his catalog sale to Sony, but the deal nevertheless reflects the continued appetite for music rights.The flood of sales reflects wholesale changes in the music industry that make it more difficult for performers to earn from releasing recordings amid the shift to streaming.