Jeeni Blog

Helping the next generation of talent to build a global fanbase

Would You Sell Your Song Catalogue?

/ By Andie Jeenius
Would You Sell Your Song Catalogue?

Today, we hear another mega-star has sold their song catalogue. This time Neil Young has agreed a deal and sold 50% of the rights to his entire back catalogue. Hipgnosis Song Fund purchased 1,180 songs by the Canadian musician in a deal that is said to be worth an estimated $150 million (£110 million), according to the BBC.

Neil Young - Photo: Getty

The Young acquisition comes after the company acquired the rights to 100% of  former Fleetwood Mac singer Lindsay Buckingham‘s back catalogue and 50% of his future work this week, as well as Jimmy Iovine’s worldwide producer royalties. “This is a deal that changes Hipgnosis forever,” Hipgnosis founder Merck Mercuriadis said of the Young deal.

Hipgnosis are known for turning royalties into a steady income stream – with the firm making money every time one of its songs is played on the radio or featured in a film/TV show. Other recent acquisitions by Hipgnosis include catalogues by the likes of Blondie, L.A. Reid, RZA and The-Dream. The company also purchased a publishing portfolio from Kobalt in September. The sale included songs by Fleetwood Mac, 50 Cent, Beyoncé and many others.

The Neil Young sale seems to be part of the growing trend of artists cashing in on their lifetimes work. Bob Dylan was reported in December 2020 as selling to Universal Music. According to the New York Times, the music icon has sold his back catalogue for an eye-watering $300 million (£225 million), giving Universal the ownership of over 600 songs spanning a period of almost six decades.

Bob Dylan - Photo: Getty

While the deal means that Universal now control one of the most celebrated back catalogues in history, Dylan is also listed as the principal songwriter on the vast majority of efforts – which means Universal does not have to share future revenues with any other songwriters.

In the same month, Stevie Nicks agreed a deal with Primary Wave for $100million, giving them 80% of her back catalogue which includes her 70's hit 'Dreams' just as it is making a Billboard comeback after going viral in the TikTok video of skateboarder Nathan Apodaca drinking Ocean Spray juice.

To make these kinds of figures, you have to have a catalogue which will give the buyer a payback, but with younger bands such as The Killers doing the same, is this the best way for songwriters, singers and bands to create certain income? With the poor payouts from the online streaming platforms, it makes good business sense, but only for those able to create enough desired material.

For those new and emerging creative stars, companies like www.jeeni.com and Patreon have been created to redress the balance, so revenue generated goes to the creators, not the suits and pen-pushers, meaning artists of the future will possibly be able to afford to create back catalogues and continue to benefit from them.

03
Sep

Own a stake in this Portsmouth-based start-up for just £10, and help musicians gain recognition and revenue!

Jeeni, the social music platform that brings artists closer to their fans – and shares revenue ethically – is poised to become the first Portsmouth-based start-up to go on Crowdcube for its third round. We have already raised 95% of our £100K target in four days. If you want to see our pitch click HERE. With 350million streamed music subscribers and market growth up by 39% this year, Jeeni is likely to ride the wave and be a huge success, not only with unsigned musicians and performers but with their superfans. “We’re standing by to raise £100,000 for 2.4% with a pre-market valuation£4M,” says Jeeni founder Shena Mitchell.  “And while we are already negotiating with several major investors, the beauty of Crowdcube is that the artists themselves can actually own a stake in the company for as little as £10.” Shena continues, “Jeeni’s mission is to support unsigned music and performers, by helping them build a fanbase.  We aim to fast-track careers in the music business, and make sure they take the lion’s share of the revenue that’s raised. Jeeni is needed more now than ever and we have proved that the demand is high. Currently we can only support 100,000 videos, so we must now move up a gear as we head for global roll-out.  This Round Three investment will be used to scale up again and launch our next-generation platform. It will also be used to develop our IoS and Android apps."  When the financial backing has been secured and we go live, we’ll be creating new jobs in the area, which is great for the local economy.  When you consider the wealth of music talent in Portsmouth – hosting over 2,000 music events a year with Victorious, The Guildhall, Band Stand, Wedgewood Rooms, and all the Portsmouth Festivities and pubs – we’re alive to the opportunities of our local music culture, creativity and talent. But with live venues locked down for now, the online opportunity of Jeeni is needed more than ever. It’s so cool to think someone reading this might choose to invest in Jeeni now with just £10, and then use Jeeni to build their own fanbase for fame and success!  We’re going to try hard to make sure that happens.” JEENI is currently inviting investment on Crowdcube.  To find out how to get involved please join our mailing list for updates or check out our fundraising pitch. If you want to see our pitch click HERE.

25
Feb

Weekly Round-Up #10

The latest developments and additions to Jeeni!  New Artists join Jeeni!  New and interesting artists fuels Jeeni's mission, and with the latest additions or talent musicians, that mission is stronger than ever; Luca Chessa: “Luca Chessa Is a passionate and committed music professional, with the talent and drive to succeed. Growing up amongst the vibrant and diverse music scene in Italy, and studying music in London was an environment full of inspiration and stimulation for Luca to feed off. Luca has been gigging alongside different artists as a band member, as well as a session player, playing Rock, Funk, Pop, Blues and R&B.”  Check out his Jeeni Showcase here: https://jeeni.com/showcase/ghopvxaildzq/?view=about   Jada Freeman: “Jada Freeman is a singer-songwriter/producer from East London. She combines her distinctive British tone with captivating RnB lyrics and melodies, creating catchy hooks for her audience to sing along to. Her lyrics delve into topics such as love, the importance of self-worth and the overall tribulations of day-to-day life. A few of her influences are Jhene Aiko, Erykah Badu, and Lilly Allen.”  Here’s the link for Jada’s Showcase: https://jeeni.com/showcase/adkcmyfeevyu/   Big Frank: “Big Frank is a Hip Hop producer from Cornwall, based in London. Since moving to the city in 2017 he has worked as a producer and engineer, and established his sound. His style is a blend of classic Hip Hop sounds, and experimental textures. Expect more releases with the UK underground's best rappers and singers in 2022.”  Big Frank’s Jeeni showcase: https://jeeni.com/showcase/bigfrank/?view=about   WesLi D:  “Hailing from North West London, artist and producer WesLi D brings a refreshing take to UK underground and alternative rap using a blend of styles; from melodic and bouncy to somber and thoughtful, his expression is not limited sonically by any means.”  Here is WesLi D’s showcase on Jeeni: https://jeeni.com/showcase/ctq6hi7bzb6e/?view=about   Pat Spencer:  “Raised in Bexleyheath, South East London, 23-year-old Pat Spencer has been exponentially growing his music career and experience since his promising musical journey began during the summer of 2021.”  Check out Pat’s showcase on Jeeni here: https://jeeni.com/showcase/patspencer/?view=about   New Content Contributed to Jeeni’s Database of Talent!  This host of new Jeeni artists brought with them some of their incredible new music as well as other Jeeni artists which has broadened Jeeni’s database of art massively:  WesLi D - ‘Walk Of Life’ Single:  “‘Walk of Life’ is an enjoyable and upbeat track by WesLi D that presents themes of time and personal growth. The artist reflects on taking time to search and find himself throughout his journey in life as well as not letting his dreams pass him by. This track is relatable for the listener as it describes the growth and changes of a person travelling through life to figure themselves out.”  Check out this chill single here: https://jeeni.com/walk-of-life-wesli-d/   Pat Spencer & Joe Sach - ‘Alive & Surviving’ EP:  Pat Spencer’s collaboration with Jeeni artist, Joe Sach “results in a sweet and layered three-track project.” Pat Spencer’s sweet lyrics and vocal talent provide the heart to this project, while producer, Joe Sach forms the body, with day-dreamy and mellow instrumentals.  Check out the review of ‘Alive & Surviving’ here: https://jeeni.com/blog/pat-spencer-joesach-alive-surviving-ep-review/   Check out Pat Spencer’s showcase on Jeeni: https://jeeni.com/showcase/patspencer/?view=videos   Big Frank & MazeyJune - ‘Sun Outside’ Single:  “This chilled out hip-hop callback from Big Frank beckons the summer with the help of MazeyJune’s soulful voice. ‘Sun Outside’ sees Frank with his staple effortlessly serene and well-rounded beats accompanying MazeyJune’s free-flowing, enchanting melodies.”  Check out Jeeni’s review of ‘Sun Outside’ here: https://jeeni.com/blog/big-frank-mazeyjune-sun-outside-single-review-blog-jeeni/   Check out the single here: https://jeeni.com/sun-outside-mazeyjune-and-big-frank/   Jada Freeman - ‘Vibe With Me’, ‘Illusions’, ‘Willingly’, ‘You’re Not the One’, ‘Devil in the White Cloak’ and ‘Trippin’’ Singles collection: Jada Freeman has contributed all six of her incredible singles, including 2021’s ‘Vibe With Me’, “a seductive, inviting and playful single from Jada Freeman. The track has hugely diversified her style and expanded expectations for her work ever since.” After featuring on Jeeni artist, Ace Bermuda’s debut single, Jada joined Jeeni shortly after the review of the track was published on Jeeni’s blog page.  And check out the full review of ‘Vibe With Me’: https://jeeni.com/blog/jada-freeman-vibe-with-me-single-review/   Check out her showcase here: https://jeeni.com/showcase/adkcmyfeevyu/   Ariana May - ‘First Love’ Album:  Classically trained singer and composer, Ariana May has recently released the entirety of her debut album, ‘First Love’ on Jeeni. “The album of piano compositions: ‘First Love’, charts an emotional voyage through the depths of the heart. The album possesses a combination of nostalgic, poignant and optimistic pieces that each reflect different stages of a relationship and, on a deeper level, of our mercurial emotions as we experience the elasticity and unpredictability of life.”  Check out Ariana’s incredible showcase here: https://jeeni.com/showcase/arianamay/   Giack Bazz – ‘Giack Bazz Is Not Famous’ Exclusive Single:  Giack Bazz is an alternative Rock singer-songwriter based in London. Giack takes the listener on a tour inside his mind, criticising society and discussing mental health, from love to loss.” ‘Giack Bazz Is Not Famous’ is the title track of Giack’s 2018 album. Deliberately present only on the vinyl edition and now, Jeeni, this single is an exciting and fresh take on indie rock.  Check out the exclusive single here: https://jeeni.com/giack-bazz-is-not-famous-giack-bazz/   New Artist Focus blogs:  In addition to 4 new review blogs, two new biographical, ‘Artist Focus’ blogs have been added to Jeeni’s blog page, https://jeeni.com/blog/ . Alana Sukul: https://jeeni.com/blog/alana-sukul-artist-focus-blog-jeeni/   “Brand new to Jeeni, Alana Sukul has contributed five new tracks to several of our channels due to her music casting such a huge stylistic net. Stirring together funk, dancehall and electronic ingredients, Alana Sukul is rapidly building momentum with her unique take on modern pop.”  Cassius Gray: https://jeeni.com/blog/artist-focus-cassius-gray-blog-jeeni/   “Cassius Gray has expanded and diversified Jeeni’s hip-hop, rap and RnB channels with six incredible tracks, each one different to the last and totally refreshing. With casual, effortless rhymes and relatable vibes, Cassius Gray is making huge waves in the UK jazz rap scene.”  Reach out to the Jeeni marketing team at doug@jeeni.com or ella@jeeni.com.   Make sure you’re following us on social media to keep up to date with new releases from our artists, our blogs and any job openings.   Instagram: https://www.instagram.com/jeenimusic/    Twitter: https://twitter.com/jeenimusic    Facebook: https://www.facebook.com/jeenimusic    Linkedin: https://www.linkedin.com/company/33222018/admin/ 

13
Jul

The People's Lounge, Victorious Festival - NNAOMI

NNAOMI is an R&B/Soul artist based in Portsmouth, UK and is influenced by a wide variety of us/uk artists and musicians. Having just started up her music career with her drive and passion. Recently releasing her contemporary R&B single and music video ‘Like me’, with heavy R&B and pop influences. 'Like Me' is available on all streaming platforms. And even with releasing just two singles so far, it's clear that she has a bright future in music. With more music coming soon, she can only continue to grow as an artist. Moreover, NNAOMI looks forward to growing within the music industry. She will be performing at this year's Victorious Festival with The People's Lounge on Friday 27th August. NNAOMI is a perfect example of an independent singer songwriter that Team Jeeni can support, by having a showcase on Jeeni.com. JEENI is a multi-channel platform for original entertainment on demand. We’re a direct service between creatives and the global audience. • We give creatives, independent artists and performers a showcase for their talent and services. And they keep 100% of everything they make.• We empower our audience and reward them every step of the way.• We promise to treat our members ethically, fairly, honestly and with respect. Check out NNAOMI's showcase here: NNAOMI | Showcase | JEENI. As well as other showcases to add to your playlist. jeeni.com. The People's Lounge, Victorious Festival NNAOMI will be performing at the Victorious Festival Friday 27th August 20:30 – 20:45 World Music Village, The People's Lounge, presented by Baby Panna. Bringing some of the Freshest Rap, Rnb, Afrobeats and Hip hop sounds from around the World to Portsmouth from Thursday 27-29  August 2021.