The Fall of Warner Brothers

[Navjot Singh]

Warner Bros. Discovery Negotiating $500 Million Deal to Sell Film and TV Music Publishing Assets

Warner Bros. Discovery is negotiating to sell around half of its film and TV music-publishing assets for approximately $500 million, sources confirm.

variety.com

Zslav doesn't respect art at all.

Rights to “slightly less than half” of the catalog, with a price of around $500 million, are likely to go to a major label, with Sony said to be in the lead. The catalog is believed to include music from such films as “Purple Rain,” “Evita,” “Sweeney Todd,” “Rent” several “Batman” films and many more titles, as well as songs included in films such as “As Time Goes By” from “Casablanca” — iconic titles to be sure, but again, it is unclear exactly which rights are in play.

 

[Navjot Singh]

Source