Garth Brooks, the legendary country music artist, is reportedly considering selling his extensive music catalog in a deal that could be worth up to $2 billion. This potential transaction, which includes both his songwriting rights and recorded music catalog, would be among the largest ever for a single artist.

Brooks’ Impact on Country Music

Brooks, now 63, has left an indelible mark on the music industry. With over 200 million albums sold in the United States, he surpasses even The Beatles in certified units sold, according to the Recording Industry Association of America. Known for timeless hits like “Friends in Low Places” and “The Dance,” Brooks defined country music in the 1990s and early 2000s. His achievements include two Grammy Awards and induction into the Country Music Hall of Fame in 2012.

Market Trends and Streaming

The report of Brooks’ potential sale comes amidst a trend of major music catalog sales reshaping the entertainment industry. Investors are increasingly interested in acquiring music rights for steady revenue from streaming, licensing, and royalties. Notably, Sony Music has been a major player in this market, acquiring Bruce Springsteen’s catalog for an estimated $500 million and Queen’s catalog for over $1 billion.

Unlike many artists who have embraced streaming platforms, Brooks has historically limited his music’s online availability. He has avoided platforms like Spotify and Apple Music, opting instead for album-based sales. In 2016, he signed an exclusive streaming agreement with Amazon Music, where his catalog remains accessible.

Original reporting: KTVB (Boise metro) — read the source article.