Here’s How That Compares With Other Rock Icons
, 2022-09-29 17:19:38,
Topline
Rockers Phil Collins, Mike Rutherford and Tony Banks sold the rights to their individual music and their work together in the band Genesis to Concord Music Group Inc. for more than $300 million, the Wall Street Journal reported Thursday, becoming the latest music legends to cash in on their catalogs for a hefty sum.
English rock group Genesis in Rosemont, Illinois, during the band’s Invisible Touch Tour, October … [+]
Key Facts
The deal includes the publishing copyrights, recorded music income streams, and the individual masters of Collins, Rutherford and Banks, along with Genesis’ masters—but excludes the work of onetime Genesis member Peter Gabriel.
Bruce Springsteen sold the publishing rights to his recorded music and songwriting for nearly $500 million, sources told Forbes, in December of last year.
Paul Simon sold his catalog for a reported $250 million in March 2021.
Bob Dylan sold his recorded catalog to Sony Music for upwards of $150 million in January, a year after he sold his songwriting catalog to Universal Music Publishing Group for a reported $400 million.
David Bowie’s estate sold the late singer’s music catalog in January to Warner Chappell Music, reportedly for more than $250 million.
Neil Young sold 50% of his publishing rights last year to Hipgnosis Songs Fund for a reported $150 million.
Fleetwood Mac’s Lindsey Buckingham…
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