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Kanye West denies that he wants to sell his $175 million music catalog; Looking into who’s setting up the sale

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Kanye West denies that he wants to sell his $175 million music catalog; Looking into who’s setting up the sale

Kanye West denies that he’s looking to sell music catalog 

Last week, Kanye West trended on social media, due to him ending his partnership with Gap. He initially signed a 10-year deal with them, back in the summer of 2020. Ye went on to accuse Gap of having meetings without him, not selling new items, and not opening stores, specifically for Yeezy Gap items. Kanye even bashed Gap, in a CNBC interview.

Now, reports are surfacing that Kanye supposedly wants to sell his music catalog, according to Billboard. This catalog is said to be worth $175 million. This comes as he supposedly wants 35 times the value of his net publisher’s share.

On the calculations for the $175 million, Kanye makes $5 million a yea,r in royalties, out of the $13.25 million total. This includes 35% songwriting share on his first four albums, and 20% share on the rest of the discography.

Kanye is now responding to this report though, and denies that he wants t sell his catalog. On his Instagram stories, he revealed that he wants to find out who is trying to sell this catalog.

Check out Kanye West speaking on his $175 million music catalog being shopped, below. 

Kanye West denies that he's looking to sell music catalog 

Kanye West denies that he's looking to sell music catalog 

Kanye West denies that he’s looking to sell music catalog 

27, from Atlanta, 2017 University of Nevada-Las Vegas alum, die-hard Atlanta sports fan, and loves Hip-Hop and R&B. Twitter- @YuriyATL. Instagram- @YuriyAndriyashchuk.

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