Warner Bros. Discovery reportedly looks to unload half of its music catalog

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Music from Purple Rain, Casablanca, and Batman may be on sale soon

positive news out of Warner Bros. Discovery. With layoffs, restructurings, cancelations, and the writers’ strike, many expect more shoes to drop.

announced that WBD signed a deal to use an “artificial intelligence” system to help with the greenlight process.writes, “The integrated online platform can assess the value of a star in any territory and how much a film is expected to make in theaters and on other ancillary streams.”n the immortal words of Al-G Rhythm, “There’s no crying in the Serververse!”

 

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Warner Bros. Discovery Negotiating $500 Million Deal to Sell Film and TV Music Publishing AssetsWarner Bros. Discovery is negotiating to sell around half of the storied Warner studio’s film and TV music-publishing assets for approximately $500 million, three sources confirm to Variety. The ne… The catalog is believed to include music from such films as “Purple Rain,” “Evita,” “Sweeney Todd,” “Rent,” several “Batman” films and many more titles, as well as songs included in iconic films such as “As Time Goes By” from “Casablanca.”
Source: Variety - 🏆 108. / 63 Read more »