Kanye West claims his music is being sold without permission

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Kanye West, 45, claimed that his music catalog (worth an estimated $13.25 million in annual publishing royalties) was being sold without his permission.Ye compared his situation to his former rival Taylor SwiftWhose the master is sold To scooter brown reported without her knowledge and permission in 2019. My publication is for sale without my knowledge,” Kanye wrote on his Instagram Stories on Tuesday, Sept. 20.

Kanye West is a very charming character.No Taylor Swift clout, anyway pic.twitter.com/wIEXI7u2BZ

— Steve (@steve03686723) September 20, 2022

The day before Kanye’s post, billboard Ye and his team reportedly are looking for potential buyers for Kanye’s music catalog. The rapper reportedly makes $5 million a year from the $13.25 million annual publication fees his music generates. Kanye and his team reportedly want to sell his catalog for $175 million, but Ye’s statement indicates he wasn’t involved in the potential sale. increase.

Sony Music Pictures is allegedly involved in selling the catalog. billboardA source said Kanye’s efforts to get his music out there have “slowed down in recent months.” The source also told the magazine that Kanye has “received offers from private equity and other buyers of music assets” but has never made any serious attempt to market his catalog.

Kanye has released 11 studio albums and 2 collaboration albums. Jay-Zand other of the former kids see ghosts Partner Kid Cudi. In the past, Kanye has claimed he doesn’t own the masters of his music. variety Ye later reported do Owns some, but not all of his masters.

Kanye’s drama with music comes in a major transformation for his YEEZY brand. On September 15th, Kanye decided: cut the gap We are officially ending our YEEZY Gap partnership after two years. Ye sent Gap a notice of breach of contract and received a response two weeks later, according to the company. new york times, but Kanye was not satisfied with the reaction and terminated the contract. It all happened after Kanye openly accused Gap of ripping off his Balenciaga designs, and he was also ready to let go of his Adidas, one of YEEZY’s other longtime partners. is implying that