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Sia Sold 50% of Her Music Catalog to Pophouse for $180 Million
Sweden-based entertainment and music investment company Pophouse Entertainment, co-founded by ABBA's Bjorn Ulvaeus, purchased 50% of the publishing and master music rights of Australian singer-songwriter Sia for $180 million. According to the announcement, Pophouse will continue to manage Sia's work while also supporting her in developing new creative ventures. The figure was reported by TMZ as Pophouse announced the deal, noting that the deal was complicated by the singer-songwriter's recent divorce from Dan Bernad.
