Is there any write up about how these economics work? How much does the catalog generate in a year?

The band must be past peak popularity, with listens continuing to decline year after year.

Someone writes an NPV and everyone says great! I looked into the math a bit when Bieber sold his. Didn’t seem worth it but what do I know.

listens continuing to decline year after year.

Streaming music is only the tip of the iceberg.

Most TV commercials are using 30-year-old songs. Add to that streaming series (think Stranger Things), movies, public spaces, internet radio, actual radio, and hundreds of other licensing opportunities await.