#the-weeknd

#the-weeknd

An investor group called Chord Music Partners currently owns 50% of his publishing. The once-and-future Abel Tesfaye (he said he plans to retire the name The Weeknd) now wants to cash out $250 million in equity from what's left of his catalog, plus raising $500 million in senior debt (lower interest, must be paid back first) and $250 million in junior debt (higher interest, must be paid back second). Lyric Capital Group is leading the discussions to find investors for the $1 billion.

"I'm honored to headline the incredible Global Citizen Festival in Central Park this September. Music has always been my way of connecting with people and leaving a mark on the world."

"Music has always been my way of connecting with people and leaving a mark on the world. I can't wait to perform, unite, and inspire action."

Singing "Call Out My Name" with over 60,000 people allowed attendees to unleash their souls, experiencing the melancholic pulse of the synth beats and heartfelt lyrics.

"My body was telling me to sit down. It was telling me, 'you have nothing else to say.'"

Cinema has always, for me, it's always kind of been my number one passion. I happen to sing and make music and it kind of felt like a little detour, a little cheat code to kind of get into this.