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Pophouse Acquires Half of Sia's Music Catalog

Original: Pophouse Acquires Half Sia’s Music Catalog

Swedish investment firm Pophouse, co-founded by ABBA's ABBA Voyage backers, has acquired a 50% stake in Sia's music catalog, according to Billboard. The deal covers recordings and publishing from the Australian singer behind hits like 'Chandelier' and 'Cheap Thrills'. The move follows a wave of similar catalog sales by major artists, with investors betting on steady streaming income from proven hits.

Why now: Artists selling stakes in their catalogs to investment firms has become a major trend in the music business, making each new high-profile deal newsworthy.

SiaPophouse

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