R. Kelly reportedly trying to sell Publishing Catalog

  • R. Kelly has had so many financial problems since he has been accused of his latest sex trafficking charges.
  • His lawyer told the court that his 'funds are depleted'. R. Kelly's publishing catalog generates around $1.7 million/year.
  • Because R. Kelly has lost some legal battles, he does not see a dime of the money.
  • R. Kelly has been trying to sell his publishing catalog to Merck Mercuriadis, who has recently acquired other artists' catalogs.
  • Mercuriadis said, "It has been offered to me a number of times by his team, and of course, I’ve said no for the obvious reasons. There are incredible songs in that catalog, but why would you take that kind of risk?"

CHICAGO, IL - SEPTEMBER 17: Singer R. Kelly appears during a hearing at the Leighton Criminal Courthouse on September 17, 2019 in Chicago, Illinois. Kelly is facing multiple sexual assault charges and is being held without bail. (Photo by Antonio PerPhoto: Getty Images


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