Warner Chappell New music has bought the songs-publishing rights to David Bowie’s tunes catalog from the singer’s estate.
The deal involves the late artist’s entire human body of work, which involves hundreds of tunes in excess of a six-ten years occupation. Mr. Bowie died in 2016 following a cancer prognosis. He was 69.
Terms of the transaction weren’t disclosed, but a human being common with the deal approximated the catalog was sold for approximately $250 million. Warner Chappell Tunes is the songs-publishing arm of
Warner Songs Group.
It includes hundreds of tracks from Mr. Bowie’s 26 studio albums, these types of as “Space Oddity,” “Changes,” “Life on Mars?,” “Starman” and “Rebel Rebel.” It also contains a posthumous album release, “Toy.”
“We are definitely gratified that David Bowie’s overall body of new music will now be in the able fingers of Warner Chappell New music Publishing,” reported Allen Grubman, an lawyer for the David Bowie Estate.
Mr. Bowie’s profession transcended music. Albums these types of as 1972’s “The Increase and Fall of Ziggy Stardust and the Spiders from Mars,” alongside with his energetic performances, built him a symbol of not just tunes but also art and trend.
“These are not only remarkable tracks, but milestones that have adjusted the program of present day music endlessly,” said WCM Co-Chair and Main Govt Male Moot in a published statement.
The sale arrives as a number of residing artists have also offered the legal rights to their songs at large valuations. Last thirty day period, Bruce Springsteen offered the appropriate to his tunes to Sony New music Group for in between $500 million and $600 million.
Madonna and her first songs label, Warner Music Group, final summertime mentioned they would crew up in a deal that spans her full recorded songs catalog, and will include reissued albums and new deluxe editions curated by the performer around the future couple of years.
In 2020, Bob Dylan marketed his entire publishing catalog—more than 600 copyrights spanning 60 years—to
Common Tunes Publishing Team.
That exact same yr, Stevie Nicks shut a offer to sell a greater part stake in her publishing catalog to new music publisher Major Wave, which ordered an 80% desire.
Create to Talal Ansari at [email protected]
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Appeared in the January 4, 2022, print version as ‘David Bowie’s Audio Rights Are Bought for $250 Million.’