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The rising value of celebrity archives
Recently, we have seen several news articles on the sale of celebrity archives for huge amounts of money.1 An archive is a special asset containing a collection of music, writings or other artistic expressions. Bruce Springsteen’s recent half-billion dollar catalog sales were just the latest mega-transaction in 2021, a year in which catalogs from several major artists sold out, yielding astonishing value. Other notable musicians sold their archives in large quantities.