The Guardian Angel will sell his discography for Sh200 million
Gospel singer Guardian Angel asserts that he would demand a minimum of Sh200 million if he were to sell his entire music collection today.
The artist, renowned for hits like “Amazing Grace” and “Nadeka,” emphasizes that after spending 15 years in the music industry, his catalogue holds substantial value, making it a high-ticket item.
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“If I were to sell off all the rights to my music at this moment, never to use them again, the catalogue’s price wouldn’t dip below Sh200 million,” Guardian Angel affirms.
Guardian arrived at this valuation by considering the worth of transferring his music catalogue’s copyrights to another entity, a process that justifies the hefty sum.
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He asserts that his extensive catalogue has the potential to fetch well over Sh200 million if acquired by another party.
The gospel star emphasizes that reaching this valuation has been the result of many years of hard work, dispelling the notion that music is a quick path to wealth.
“If you’re seeking quick riches, music isn’t the route to take. The music industry doesn’t offer swift wealth. Throughout my career, challenges have often outweighed successes. Many artists will attest that music is far from easy. There were moments I contemplated quitting. However, I can now comfortably say that I’m reaping the rewards of my music,” he reflects.
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While the sale of music catalogues is uncommon in this region, it’s a well-established practice in the global music industry.
Several notable celebrities have sold part or all of their music catalogues, generating significant returns for their creations.
For example, in 2023, iconic American rapper and producer Dr. Dre sold his music catalogue to Universal Music Group and Shamrock Holding for $200 million.
Similarly, in 2021, French DJ and record producer David Guetta sold his music catalogue to Warner Music for $100 million, allowing the company to acquire his extensive record-music catalogue spanning two decades.