Hours after it was reported that rapper Future had sold his publishing catalog containing 612 songs for a whopping $75 million, a new report has emerged that Kanye West’s rights is on the market as well.
Though many believe that Kanye West should stay off of social media, it seems to be the only way he’s able to clarify false reports that emerge on the Internet.
Kanye West speaks onstage during the 2022 BET Awards at Microsoft Theater on June 26, 2022, in Los Angeles, California. (Photo by Leon Bennett/Getty Images)
So, is Kanye West really selling his catalog, and how much is it worth?
Kanye West compares his situation to Taylor Swift’s after reports emerged that he’s looking for investors to purchase his catalog.
On Monday (September 19, 2022), Billboard published a report claiming that Ye was seeking 35x his gross profit from investors interested in buying his catalog.
Shortly after, new reports emerged claiming that he wanted $175M for his publishing.
Ye refuted these claims online shortly after the alleged price point of his catalog emerged. Ye hit Instagram where he denied that he was selling his catalog and even compared his situation to Taylor Swift, who lost her masters after Scooter Braun bought ownership of the recordings.
“Just like Taylor Swift. My publishing is being put up for my [sic] sale without my knowledge,” he wrote. “Not for sale.”
At this point, that’s one less headache for Kanye West to deal with. He’s currently in a feud with Adidas and Gap after attempting to terminate his deals with both companies. He’s targeted both brands during online tirades in the past few weeks.
So, there you have it, Ye is not selling his publishing rights, and from his comments, it surely would be worth more than the estimated $175 million, price tag suggested by Billboard.