Dre Lyon: Hedge funds offered 30x multiples for Cool & Dre's catalog
Dre Lyon · Evolve or Die: The Future of the Creative Process, Artist Authenticity, and the Value of the Music · Jun 13, 2023 · at 33:33
Grammy-winning hip-hop producer Dre Lyon (Cool & Dre) discusses being approached by financial institutions seeking to buy music catalog rights.
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“We were being approached by several hedge funds, you know, inquiring about purchasing our catalog, and they were offering us a 25 X multiple. Some, one guy was offering a 30 X”
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