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Pat Houston Reveals The Reason Why She Sold 50 Percent Of Whitney Houston's Assets

While Whitney Houston is forever stamped as one of the greatest voices and artists of our time, the late legend’s personal life continues to be focused on by mainstream culture. According to Pat Houston, Whitney’s former manager and sister-in-law, Primary Wave can potentially create a great impact to change the narrative.

Nov 9, 2022

How Whitney Houston's Estate Grew Exponentially To The Tune Of 'Quadruple Growth In Earnings' A Decade After Her Passing

On February 11, 2012, Whitney Houston passed away, but thankfully her legacy lives on forever. The world knows Houston as the legendary voice that sang the sweetest gospel, pop, and R&B. But as AfroTech previously reported, Houston’s sudden passing left her estate in a bit of turmoil. Most of the troubles stemmed from the nature of her $100 million artist contract — the last she signed with Sony/Arista. Celebrity Net Worth reveals that, ultimately, Houston only earned $40 million out of the total $100 million that her record company owed her. It’s important to note that record companies don’t pay out the full value of the contract upon signing — and in Houston’s case, she was in debt to Sony/Arista at the time of her $100 million signing, which made the accounting even more complicated. “An artist is paid in stages, and each payment is essentially a loan based on the success of future albums,” reports the outlet. “Whitney only ever earned $40 million of her $100 million contract but...

An Early Demo Sung By A 17-Year-Old Whitney Houston Sells For Nearly $1M As An NFT

Whitney Houston’s legacy will forever be timeless, even in the world of technology. Earlier this month, non-fungible token (NFT) green marketplace OneOf announced that a rare full-length demo sung by the legend at age 17 would be auctioned off. Now, that item has become the highest sold NFT on the Tezos blockchain selling for nearly $1 million, Billboard reports. “Whitney is an icon for the ages,” OneOf co-founder Joshua James said. “We couldn’t be more excited to be releasing this historical song from the very beginning of her journey as an artist.” The winner of the auction, which ended yesterday (Dec.14), can not only revel in exclusive access to Houston’s recording, but the lucky individual also received digital artwork and videos crafted by 17-year-old photographer and curator Diana Sinclair.

Dec 16, 2021

Whitney Houston's Estate To Debut NFT Collection On Quincy Jones-Backed Platform OneOf

Whitney Houston fans are in for unexpected, yet exciting news. The late music legend has her own non-fungible token (NFT) collection! Houston’s estate has partnered with OneOf, a music NFT platform backed by music pioneer Quincy Jones, for the exclusive collection celebrating the singer’s life, Complex reports. The collection will feature an unreleased demo that Houston recorded at age 17, according to the outlet. The NFT will be auctioned next month and details will be revealed on Dec. 1. The winner of the auction will gain access to the never before heard demo, as well as a digital video created by 17-year-old Diana Sinclair, the young artist behind the collection’s artwork. “I saw a common theme in a lot of her work, the empowerment of Black women,” Sinclair reportedly shared in a statement. “Whitney’s talent and presence stands out a lot to me as a young Black woman in the arts. In the artworks I created, I wanted to highlight those sides of Whitney in the upper tiers, and then...

Nov 18, 2021

Whitney Houston's Estate Had A Negative Net Worth In 2012 — Here's Why It's Worth $14M Today

On Feb. 11, 2012, Whitney Houston passed away — and left the world broken-hearted. Shockingly, though, the Whitney Houston estate was in the red for more than $20 million at the time of her passing. This is despite the fact that she sold more than 100 million albums in her lifetime, and is the top-selling female R&B artist of the 20th century (according to the RIAA). A report by the New York Daily News says that, “Decades of narcotics use took such a toll on the R&B queen, who once sold more than 170 million albums.” The outlet also noted that, “She was leaning heavily on her mentor, music mogul Clive Davis, for financial help to keep her homes in New Jersey and Atlanta out of foreclosure,” and he reportedly loaned her $1.2 million to get out of debt. The Whitney Houston estate, therefore, was in a financial hole in 2012. But, in a twist of fate, her passing resulted in an extreme album and song sales spike: she sold 3.7 million albums and 4.3 million singles worldwide in the first...

Dolly Parton Reveals Whitney Houston's Music Royalties Have Been Used To Invest In A Black Tennessee Community

Dolly Parton will always love Whitney Houston and her new noble revelation is proof of that. During an appearance on “Watch What Happens Live With Andy Cohen” this week, the singer and songwriter revealed that she’s been using royalties that she’s collected from Houston’s version of “I Will Always Love You” — which was originally sung by Parton — to invest in a Black Tennessee community, TMZ reports. In her interview with Cohen, she went on to explain how she purchased “my big office complex down in Nashville” and decided to buy the property in honor of the area’s Black community and Houston’s legacy. “I bought a property down in what was the Black area of town, and it was mostly just Black families and people that lived around there,” she said. “And it was off the beaten path from 16th avenue and I thought, ‘Well I am going to buy this place, the whole strip mall.’ And thought, ‘This is the perfect place for me to be,’ considering it was Whitney.” “So I just thought this was great,...

Aug 2, 2021

Dr. Dre's 'The Chronic,' Whitney Houston's 'I Will Always Love You' Archived in Library of Congress

This week, the National Recording Registry announced that Dr. Dre’s “The Chronic” will be archived in the Library of Congress. According to Rolling Stone , the Compton music mogul ‘s debut album is one of 25 recordings deemed “worthy of preservation because of their cultural, historical and aesthetic importance to the nation’s recorded sound heritage.” “The National Recording Registry is the evolving playlist of the American soundscape. It reflects moments in history captured through the voices and sounds of the time,” Librarian of Congress, Carla Hayden, said in a statement . Other records include Whitney Houston’s Grammy Award-winning single, “I Will Always Love You,” Selena’s 1990 LP “Ven Conmigo,” Tina Turner’s 1984 album “Private Dancer,” and Village People’s disco hit, “Y.M.C.A.” Songs from “Mister Rogers’ Neighborhood” have also been inducted. “We received over 800 nominations this year for culturally, historically or aesthetically significant recordings to add to the...

Mar 26, 2020