Sia Sells Half Music Catalog for $180 Million

Sia has divested a substantial portion of her musical assets, agreeing to a $180 million deal for a 50 percent share of her music catalog with the investment firm Pophouse. This transaction, finalized recently, will see $165 million transferred to the acclaimed singer.

As part of her ongoing divorce proceedings with Dan Bernad, Sia has agreed to a $1 million payment to Bernad. This payment resolves Bernad's claim to the $165 million portion of the catalog sale proceeds, leaving Sia with $164 million from that part of the deal.

An additional $15 million, specifically tied to songs created during their marriage, has been placed into an escrow account. The fate of these funds hinges on Sia and Bernad reaching a future agreement on their division; failure to do so will result in a later legal dispute over the money. Pophouse, a Swedish entity co-founded by notable figures in the music industry, boasts a portfolio that includes investments in artists like Avicii and Swedish House Mafia, further highlighting the significant value placed on Sia's creative works.