In a rare move, Sean “Diddy” Combs has returned some music rights to artists and songwriters who were signed to his label, instead of cashing in on them. Bad Boy Records was one of the biggest rap labels of the 1990s, home to artists like Ma$e, Faith Evans, 112, The Lox and Notorious B.I.G. The value of music publishing rights has increased dramatically in recent years, with artists like Bob Dylan, Neil Young, Debbie Harry, Bruce Springsteen, Stevie Nicks and Shakira foregoing future royalties in exchange for nine-figure sums. 291.9M) to buy back his publishing rights but the offer was turned down. Recent Bad Boy Records releases have included Machine Gun Kelly’s Mainstream “Sellout” and Janelle Monae’s “The Age of Pleasure.”
Source: The Star September 05, 2023 16:26 UTC