David Bowie Estate Sells Publishing Catalog to Warner Chappell

David Bowie’s ownership has struck a deal to sell the music icon’s songwriting catalog to Warner Chappell in one of the biggest music publishing deals to date.

According to a press release from Warner Chappell, “The agreement includes songs from David Bowie’s 26 studio albums released during his lifetime, as well as the release of a posthumous studio album, toy. It also includes my two studio albums from Tin Machine along with tracks released as singles from the soundtrack and other projects.”

The company did not disclose financial details, but sources said diverse That deal, which included “the entirety of Bowie’s business,” was worth more than $250 million. The deal will bring nearly all of the Thin White Duke catalog under Warner’s umbrella. The newly acquired catalog spans over 60 years and includes such popular songs as “Heroes”, “Changes”, “Space Oddity”, “Fame”, “Let’s Dance”, “Rebel Rebel”, “Golden Years” and “Ziggy Stardust”. It’s the latest deal for Warner, who has also acquired catalogs of Bruno Mars, Cardi B, Quincy Jones, Anderson, Buck, Sweety and George Michael’s estate.

Bowie’s ownership previously joined Warner Music Group in 2013 to handle the singer’s recorded catalog, which was aggressively re-released in the years after Bowie’s death in 2016; In September, that partnership was renewed, with Warner also adding music that Bowie recorded from 2000 through 2016. black star; The new licensing agreement will begin in 2023.

The announcement comes just days before Bowie’s 75th birthday, January 8, and the sixth anniversary of his death on January 10, 2016.

Financial Times I first reported in late October that the bidding war for Bowie’s songwriting rights had begun. Bowie’s copyright is the latest in a series of artist catalog shopping over the past year: Merck Mercuriadis’s Hipgnosis Songs Fund Limited grabbed Red Hot Chili Peppers, which represents 50 percent of Neil Young’s worldwide copyright and income interests, 100 percent Lindsey Buckingham’s copyright, Christine McVie catalog rights, Bob Rock and Jimmy Iovine production proceeds, and more over the past year alone, while Paul Simon (to Sony Music) and Bob Dylan (to Universal) have sold the massive catalog rights. For hundreds of millions of dollars. Tina Turner also sold her music rights to BMG.

In 1997, Bowie attempted to distribute his future revenue to his fans with the debut of “Bowie Bonds” which raised $55 million and allowed Bowie to buy back the rights to his master recordings from a former manager; However, the arrival of Napster and its impact on the music industry affected the 10-year earnings potential of the Bowie Bonds, which were eventually liquidated in 2007.

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