Investors reportedly bring the music-catalog buying playbook to books
The Ankler reports that investment firms are targeting literary estates, betting they can generate more money through adaptations, audio and licensing.
TLDR
After years of Wall Street buying music catalogs, investors are applying the same playbook to books, The Ankler reports. They’re betting literary estates can generate more money through adaptations, audio and licensing—a shift the outlet describes as changing how Hollywood deals with intellectual property.
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