The Weeknd has entered into a major new business venture with Lyric Capital Group, marking one of the most significant catalogue deals ever made by a contemporary artist.
Representatives for the 35-year-old singer — born Abel Tesfaye — confirm that Lyric has taken an investment stake in his music catalogue spanning from the beginning of his career through 2025. Crucially, Tesfaye and his team will continue to steer the creative direction of the catalogue and retain ownership positions in the newly formed company.
