Pophouse Entertainment acquired a 50% stake in the publishing and master music rights of Australian singer-songwriter Sia for $180 million, according to reports. This investment was executed through Pophouse Fund I.
Jessica Koravos, CEO of Pophouse, stated that the partnership will provide Sia with strategic support and creative resources. Sia commented on the arrangement, stating, "I’m really excited to be working with Pophouse."
Separately, Billboard estimated Dolly Parton's total asset valuation reached $220 million. The publication also estimated that Dolly Parton's master recordings generated $11 million in revenue each year between 2022 and 2025.
Furthermore, Billboard calculated that Dolly Parton's publishing generated $6.5 million annually over the same period, 2022 to 2025. Regarding sales figures, Dolly Parton's annual U.S. consumption units averaged 643,000 units across the last six years, spanning 2020 to 2025.
The Wall Street Journal reported that Garth Brooks is seeking between $1 billion and $2 billion for his music assets. Billboard estimates that Garth Brooks' recorded catalog generated an average of about $4 million in revenue annually over the last three years.
The publishing royalties derived from Garth Brooks' catalog sales and streaming activity are estimated by Billboard to total $1.81 million. Billboard estimates that Garth Brooks' catalog revenue activity falls significantly short of the $28.572 million annual benchmark required to recoup a $1 billion investment.
