Beach Boys Sell Music Catalog to Irving Azoff-Led Company

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I can understand this one better than other ones as they are a bit older

It’s becoming a trend. Remember those that own, control… so music cartels in the makings with all those buying up rights…

I really don’t understand this. Are they that desperate for money? If they are still planning a continued active career, why are they doing this?
Just seems like a recipe for disaster. Will this restrict their creativity and what they can do? It could affect their reputation, it was talking about their likeness and brand being involved too.