R Kelly is trying to sell his publishing rights, but no one will buy them

NME reports..

“We wouldn’t go near it with a 10-foot pole” said one potential buyer who was approached

R Kelly is trying to sell the publishing rights to his back catalogue, but no one wants to buy them.

The singer is currently facing an ongoing trial, on charges related to alleged crimes against five female accusers – three of whom were purportedly underage at the time – who allege physical, sexual and psychological abuse.

Billboard reports that the singer is attempting to sell the publishing rights to his back catalogue, but is struggling to find a buyer, despite the songs earning an estimated $1.7million per year in the US.

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“It has been offered to me a number of times by his team, and of course, I’ve said no for the obvious reasons,”  Merck Mercuriadis, founder of the Hipgnosis Songs Fund. “There are incredible songs in that catalogue, but why would you take that kind of risk?”

Source: https://www.nme.com/news/music/r-kelly-is-trying-to-sell-his-publishing-rights-but-no-one-will-buy-them-3030137