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Lorde Signs $2.5M Publishing Deal
Reigning chart princess Lorde celebrated her 17th birthday by signing a $2.5 million publishing deal.
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Photo: Stephen Albanese / www.tailstar.com
The Fonda, Los Angeles, Calif.
With her single “Royals” on top of the U.S. charts, heated bidding included offers from Sony/ATV.
But the winner was Matt Pincus’ small, New York-based Songs Music Publishing, which had been courting Lorde since February before her international success.
Lorde manager Tim Youngson emphasized, “The decision wasn’t made on money.”