Avicii’s mega-hit “Without You” wins $ 65,000 bid for publishing rights


Avicii’s mega-hit “Sans toi” wins $ 65,000 bid for publishing rights

Without you’ was one of Avicii‘s last contributions to the music industry before his unfortunate demise which sent shockwaves across the world at the time. But the track continues to carry its legacy by still being featured in the top progressive house charts and playlists in the world. Dance music enthusiasts in the industry were recently lucky enough to own virtually the publishing rights to the track for 10 years through an auction on Exchange of royalties, a marketplace created specifically for these assets. The winning bid at the auction was an overwhelming sum of $ 65,000.

After playing him as a piece of ID in many of his live sets, including an exotic intro to the Ultra Music Festival, Avicii finally ditched Without You in 2017 as part of his 6-track long EP titled Avīci (01). With haunting vocals from Sandro Cavazza, Without You proved to be Avicii’s best releases, competing alongside a series of masterpieces including ‘Levels’, ‘Wake me up’, ‘The nights’, etc. Despite the huge amount of money spent to secure the publishing rights, the winner should still get around 10.8% IRR (Internal Rate of Return) according to Royalty Exchange’s theoretical analysis.

You can revisit the sweet memories of the release of Without You below –

Image credits – Amy Sussman / Invision / AP

H / T: EDM.com

Source link


Comments are closed.