Royalty Exchange
Royalties for Kygo’s “Firestone” Land On Royalty Exchange’s Secondary Marketplace
One investor may soon have the opportunity to own the rights to Kygo‘s genre-defining hit, “Firestone.” It was only with the release of Kygo’s second original single, “Firestone,” that Kygo sparked an unmitigated hype cycle around the production of tropical house music. Nearly seven years after its original release, the track that lit up the world now flaunts over 1.5 billion streams across Spotify and YouTube alone. At the beginning of 2021, royalty flows for the Platinum hit went on sale via Royalty Exchange, an online direct and secondary marketplace for intellectual property. Recommended Articles Royalty rights for “Firestone” were direct-listed in January via auction, where one investor secured a deal for $275,000. Desp...
