« Who’s Targeting Lindsay And Why? | Main | One Hot Happy Family »

Sheryl Crow Cashes In On Music Catalogue

Sheryl200.jpgSheryl Crow has sold her music publishing catalogue to an Australian asset management group for an estimated 10 million bucks.

The deal gives the company the majority of royalties from her long string of hits, including "All I Wanna Do."

According to the Wall Street Journal, investors are attracted to music publishing - the ownership and promotion of copyrights on melodies and lyrics - because of the steady income from royalties.

So why do you think Sheryl is selling? Is this a wise investment for her - or does she just really need the cash?



Maybe she just wants to set up a nice trust fund for baby Wyatt?

SEE MORE:
  >   Until The Sun Comes Up ... - Apr 07, 2009
  >   Sheryl Gets Our Vote Of Approval! - Aug 21, 2008
  >   Baby Wyatt Keeps Quiet While Sheryl Shops! - Jul 29, 2008
  >   Like She Cares! - Jun 12, 2008
  >   X17 XCLUSIVE - Sheryl Walks Wyatt! - Mar 06, 2008

TrackBack

TrackBack URL for this entry:
http://x17online.com/mt/mt-tb.cgi/25377

COMMENTS
Posted by: Anonymous

i find the sale very strange..why would she sell?...and extremly low.10 mill? wit all her hits..my opinion , bad move



Posted by: Anonymous

It's kind of like her business.



Posted by: Anonymous

Very smart move, she is up there in age she can take that 10 million and invest it as the economy comes back, that will give her and her baby a nice nest egg, her hits might bring in more but it would be streched out years of royalties...



Posted by: Anonymous

Maybe she'll deposit it in the bank that took taxpayer money and hired her to do a concert. She was such a creep about it too. All these performers are so greedy.



Posted by: Anonymous

I have No respect for her! $10 million is a joke!



Posted by: Anonymous

She's broke that explains why she wipes her a.s.s. with one square...lol.



Posted by: Anonymous

Maybe all her (out of her league exes) dried up her bank accounts.



Posted by: Old maid

She's done musically--hasn't had a hit in years. Must need the money she's another a$%hole "singer" who thinks everyone needs to pay to hear her music. Hope ALL the greedy ones go broke like her--they all talk crap then sell out eventually. Look at Mellencamp in the 80's he trash talked people who allowed their music to be used for commercial purposes--guess what he's doing it now. Their all a bunch of hyprocrites.



Posted by: Anonymous

This sounds stupid. Her hit-making days are pretty much over, yet she has sold the rights to all of the past hits which will always make her money. Laura Nyro did this many years ago and lived to regret it. Very strange move.







This part is optional!


Note: Your comment will post in 5 minutes. Practice patience and don't double your efforts. Thank you.

X17 Mobile
X17 on Twitter!
Sell Your Scoop
Hot Pix