Wall Street has loaned 67 year-old James Brown, “The Godfather of Soul” $30 Million secured by future royalties on his music in a ‘Bowie Bond’ style deal.The ‘BowieBond’ concept involves selling securities backed by future cash flow on artists existing catalogue. Since Bowies’ precedent making deal of 1997, all such deals on Wall Street are known as BowieBond deals.
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