The Weeknd is reportedly in "early" talks to land a whopping $1 billion for his music catalogue.
According to Bloomberg, the New York private equity firm, Lyric Capital Group, is negotiating a landmark deal with the Blinding Lights hitmaker, which would see the artist - whose real name is Abel Tesfaye - free up funds while keeping ownership of his music with his stake in his publishing rights and master recordings used as collateral.