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Hot Pandemic Market: Music Royalties

When Sonia Leigh’s tour dates were canceled this spring, erasing much of her expected income, the Nashville singer-songwriter looked to leverage one of her most valuable commodities: her songs.

Ms. Leigh is among many musicians who, unable to tour this year because of the coronavirus outbreak, are tapping their catalogs for income by leasing music rights. The music industry during the pandemic was drastically impacted. The pandemic has heated up the market for music royalties, which was already surging thanks to the explosion in streaming. Read this post about leasing songs to make money during the pandemic.