December 14, 2025
The partnership will guarantee The Weeknd retains inventive management over his artwork whereas nonetheless capitalizing on the belongings.
The Weeknd has introduced a brand new billion greenback deal that solidifies his management of his creative legacy.
The “Blinding Lights” singer has signed a catalog partnership with Lyric Capitol Group. The enterprise enterprise will permit Lyric to put money into his intensive music catalog whereas The Weeknd, actual title Abel Tesfaye, and his crew maintains inventive management. Based on Selection, The Weeknd may also be a shareholder and part-owner within the enterprise endeavor.
The Weeknd cast the deal by guaranteeing he maintains inventive management over his music. As a substitute of merely promoting off his catalog, he and Lyric created a brand new mannequin the place he retains his publishing rights and masters. Lyric described the event of their distinctive deal with The Weeknd because it paves the best way for different artists to scale their music with out sacrificing creative integrity.
“From the start of the assembly, it was clear to all at Lyric that Abel wouldn’t promote his catalog. He wished to be extra progressive and artistic in the best way we established a partnership. To that finish, via this enterprise, we constructed and launched a brand new enterprise mannequin with Abel and his iconic catalog whereby Abel and his crew have the liberty to execute their inventive imaginative and prescient with the whole thing of his rights, each publishing and masters. This distinctive catalog deal units a brand new customary for artist fairness and management.”
Lyric Capital invests in music royalties, with the deal estimating to have a lofty payout in royalty multiples. Estimates present that the belongings’ worth totaled round $1 billion, primarily based on an 18.2 a number of of its $55 million in internet label and internet writer share.
Nevertheless, the deal solely consists of music by The Weeknd since 2025, and won’t maintain for future releases. His publishing catalog stays administered by Common Music Publishing Group.
Regardless of the stipulations, the partnership has reportedly develop into one of many largest offers for a single artist’s catalog. The 2 events hope to revolutionize the music business, whereas breaking floor on new offers that prioritize artists in these conversations.
“I couldn’t be extra enthusiastic about what Lyric, Abel, and crew have created collectively,” mentioned Ross Cameron, Lyric founding/co-managing associate. “From our first assembly, it was clear to me that we had been sitting across the desk with people that had been going to vary the best way an artist thinks about his belongings, music, and legacy. The collaboration resulted in a first-of-its-kind partnership between an artist and Lyric, and we’re past thrilled about this new enterprise.”
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