Randy Newman's Net Worth (Updated 2022) | Wealthy Gorilla

Net Worth:	$50 Million
Age:	82
Born:	November 28, 1943
Gender:	Male
Height:	1.83 m (6 ft 0 in)
Country of Origin:	United States of America
Source of Wealth:	Singer
Last Updated:	Jan 8, 2026

Table of Contents

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• Introduction
• Litmus Music Song Catalog Sale
• MP3.com Copyright Infringement Lawsuit
• Highlights

Introduction

Randy Newman is an American professional singer and songwriter with an estimated net worth of $50 Million.

Litmus Music Song Catalog Sale

On October 17, 2024, Litmus Music, backed by Carlyle Group, bought the rights to Newman’s whole back catalog of songs. The deal included his work for Disney films like Toy Story, Cars, Monsters, Inc., and The Princess and the Frog. It also covers his solo hits from the 1970s and 1980s, including “Short People” and “I Love L.A.”

Litmus now owns a share of Newman’s recorded music royalties and publishing rights, which include the iconic Toy Story track “You’ve Got a Friend in Me.”

The exact amount Litmus Music paid for Randy Newman’s song catalog has not been publicly disclosed. However, in 2023, they bought the rights to five of Katy Perry’s albums for $225 million, which could suggest they paid more than that for Newman’s music.

MP3.com Copyright Infringement Lawsuit

On May 8, 2001, Randy Newman joined Tom Waits and members of the band Heart in filing a $40 million copyright infringement lawsuit against MP3.com.

The suit targeted the company’s My.MP3.com service, which allows users to stream music from their CDs without uploading the files. To enable this, MP3.com created a massive digital archive. They copied tens of thousands of commercially released CDs onto their servers without getting permission from copyright holders.

Newman and the other artists alleged that MP3.com unlawfully reproduced and distributed protected recordings, violating federal copyright law. The lawsuit followed a court ruling in 2000, when Universal Music Group successfully sued MP3.com on similar grounds.

The case resulted in a $53.4 million settlement and changed how courts viewed digital music platforms. The lawsuit’s outcome was not made public, though it may have contributed to the mounting pressure on MP3.com.

Highlights

Here are some of the best highlights of Randy Newman’s career:

• Sail Away (Album, 1972)
• Red Necks (Song, 1974)
• Short People (Song, 1977)
• You’ve Got a Friend In Me (Song, 1995)
• Strange Things (Song, 1995)
• Toy Story (Album, 1995)