Pophouse Acquires Half of Sia’s Music Rights

Pophouse has acquired a 50% stake in Australian singer-songwriter Sia’s publishing and master music rights, a partnership the companies said would support new creative projects and the continued stewardship of her work. The parties did not disclose the financial terms. A reported $180 million valuation and breakdown of the proceeds have been attributed to reporting based on legal documents, rather than confirmed by Sia or Pophouse. The reported breakdown puts $165 million against songs Sia wrote before her marriage and $15 million against songs written during it. The latter amount is reportedly being held in escrow pending an agreement between Sia and her former spouse, Dan Bernard. The reported allocation and valuation have not been confirmed by the parties, and the underlying contract was not included in the available information. The deal covers a half share of publishing and master rights, according to the joint announcement. A separate report said it does not include commercial rights to Sia’s name and image. The precise scope of the agreement beyond the rights identified in the announcement was not detailed publicly.