Alice in Chains Members Sell Catalog

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  • Cropduster-80
    Cropduster-80 Posts: 2,034
    edited February 2022
    Zod said:
    Would/does PJ need to sell their catalog? I kind of assumed older artists did it so they could get a giant wad of cash to continue supporting their higher than normal lifestyles.

    Given than even before Covid PJ kept their tours right, I assumed the guys in the band were ok for money.

    I can't see any reason to sell ones catalog other then needing a giant wad of dough?
    If you are going to sell eventually I would assume there are tax planning reasons to sell.  Capital gains etc.  if the rates go up to ordinary income levels then it’s a lot more taxable. 

    Probably the perfect balance of a high offer to buy and a more favourable  tax environment probably drive the timing 
    Post edited by Cropduster-80 on
  • igotid88
    igotid88 Posts: 28,654
    The Layne Stayley and Mike Starr estates sold theirs earlier 
    I miss igotid88

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