Toni Braxton Loses The Rights To Songs In Bankruptcy Deal

Comments:  | Leave A Comment

toni-braxton

 

Singing superstar Toni Braxton is still feeling the repercussions of filing for bankruptcy for a second time. In a new bankruptcy deal, Toni Braxton lost the rights to 27 of her hit songs.

The deal Braxton struck with her creditors settled her debt and part of the deal was that she could buy her music catalogue back for $20,000. However, one of the stipulations was that she could be outbid for the music. And when the hit-making songbird went to buy back her catalogue, she was outbid and lost the rights to 27 songs.  The music was purchased by a man named Ross M. Klein who paid double Braxton’s offer. READ MORE 

Join the Conversation! Share and Discuss!

Tags: » » » » » »

Comments

blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 8,196 other followers