Canadian singer The Weeknd has been named the highest-paid musician of 2025 after earning a staggering $298 million.

Through this first-of-its-kind deal, The Weeknd redefines what it means to monetize a catalog without giving up control.

The Weeknd secures $1 billion for his masters catalog with Lyric Capital; Partners Group finances the deal through royalty-backed notes.

The deal, which sees the artist and his team still maintain creative control over the catalog, redefines artist equity.

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