Home / Arts and Entertainment / Sia Sells Half Her Music Rights for Millions
Sia Sells Half Her Music Rights for Millions
1 Oct
Summary
- Pophouse Entertainment acquired a 50% stake in Sia's music rights.
- The deal reportedly secured Sia $165 million for songs written before 2022.
- This acquisition follows Sia's challenging personal year and divorce proceedings.
Pophouse Entertainment has announced its acquisition of a 50% stake in the publishing and master music rights of singer-songwriter Sia. This significant deal encompasses Sia's extensive catalog, including her Billboard Hot 100 chart-topper "Cheap Thrills." The Swedish entertainment company, known for its work with artists like KISS and Tina Turner, stated its excitement to collaborate with Sia.
Terms of the transaction were not disclosed, though reports suggest Sia could receive $165 million for songs written before 2022. An additional $15 million is reportedly held in escrow for songs written after 2022. This acquisition by Pophouse Fund I comes as Sia navigates a challenging personal period, following a public divorce and child support arrangements.
Pophouse CEO Jessica Koravos expressed enthusiasm for the partnership, highlighting Sia's extraordinary catalog and creative identity. The company plans to provide strategic support and creative resources to Sia, aiming to preserve and expand her artistic influence. Sia recently released new music, including a collaboration with Afrojack and David Guetta, continuing her active musical career.
