Another way of looking at the sale of Neil Young’s catalogue

Earlier this month, it was announced that Neil Young sold a big chunk of his publishing for an estimated US$150 million. Popbitch, the wonderfully, er, bitchy UK celebrity gossip site, analyzed things this way:

“Neil Young struck a $150m deal for a share of the rights to his back catalogue last week – but what is it actually worth?

“The average adult human heart weighs somewhere between 250-350g. Gold is currently trading at $59.24 per gram (at time of writing). Which means that, at a price of $17,772 per unit, Neil Young’s deal was worth approximately 8,440 hearts of gold.”

All in US dollars, of course.

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 30+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

Let us know what you think!

This site uses Akismet to reduce spam. Learn how your comment data is processed.