If you’ve ever wanted to purchase R Kelly’s publishing catalog, you’re in luck.
It’s currently for sale because the singer needs money.
On August 3rd, his lawyer said in court, “His funds are depleted.”
Billboard says, “R&B song catalogs typically sell for a 12-times multiple of net publisher’s share of gross profit, but such a successful sole writer could potentially get 20-times NPS, which Billboard estimates to be at least $1.05 million, and implies that Kelly’s songs could have been worth up to $21 million.”
If you could buy any singer catalog, who would you choose?
R Kelly’s Publishing Catalog is for Sale: Here’s What its Worth