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flag The Weeknd seeks $1 billion by selling stake in his music catalog, joining trend among artists.

flag The Weeknd is reportedly seeking $1 billion by selling a stake in his music catalog, using his music publishing rights and master recordings as collateral. flag If successful, this would be one of the largest deals in the music rights space, following Sony's $600 million acquisition of Michael Jackson's catalog. flag The move follows a trend among both veteran artists like Bob Dylan and younger artists like Justin Bieber, who have sold their music rights for various reasons.

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