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Post by JerseyGirl on Jan 3, 2022 12:27:45 GMT -5
David Bowie’s Estate Sells ‘Entire Body of Work’ in Massive Publishing Deal Warner Chappell acquires hundreds of musician’s songs. The Bowie estate previously aligned with Warner Music Group in 2013 to handle the singer’s recorded catalog By DANIEL KREPS JANUARY 3, 2022 9:13AM ET David Bowie’s estate has reached a deal to sell the music icon’s songwriting catalog to Warner Chappell in one of the largest music publishing deals to date. According to a press release from Warner Chappell, “the agreement comprises songs from the 26 David Bowie studio albums released during his lifetime, as well as the posthumous studio album release, Toy. It also includes the two studio albums from Tin Machine alongside tracks released as singles from soundtracks and other projects.” The company did not divulge financial details, but sources told Variety that the deal, which includes Bowie’s “entire body of work,” was worth more than $250 million. The deal will bring nearly all of the Thin White Duke’s catalog under the Warner umbrella. The newly acquired catalog stretches across 60 years and includes iconic songs like “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 snapped up catalogs for Bruno Mars, Cardi B, Quincy Jones, Anderson .Paak, Saweetie, and the estate of George Michael. The Bowie estate previously aligned with Warner Music Group in 2013 to handle the singer’s recorded catalog, which the label has aggressively reissued in the years following Bowie’s 2016 death; in September, that partnership was renewed, with Warner also adding the music Bowie recorded from 2000 until 2016’s Blackstar; that new licensing agreement will begin in 2023. The announcement comes just days before what would have been Bowie’s 75th birthday, Jan. 8th, and the sixth anniversary of his death on Jan. 10, 2016. The Financial Times first reported in late October that a bidding war for Bowie’s songwriting rights had begun. Bowie’s publishing rights is the latest in a shopping spree of artists’ catalogs over the past year: Merck Mercuriadis’ Hipgnosis Songs Fund Limited has snatched up the Red Hot Chili Peppers’ music, 50 percent of Neil Young’s worldwide copyright and income interests, 100 percent of Lindsey Buckingham’s publishing rights, Christine McVie’s catalog rights, both Bob Rock and Jimmy Iovine’s producing royalties, and more over the past year alone, while Paul Simon (to Sony Music) and Bob Dylan (to Universal) both sold their enormous catalog rights for hundreds of millions of dollars. Tina Turner also sold her music rights to BMG. In 1997, Bowie attempted to disperse his future royalties to his fans with the advent of “Bowie Bonds,” which raised $55 million and allowed Bowie to repurchase the rights of his master recordings back from a former manager; however, Napster’s arrival and its effect on the music industry impacted the earning potential of the 10-year Bowie Bonds, which were ultimately liquidated in 2007. www.rollingstone.com/music/music-news/david-bowie-estate-songwriting-catalog-sale-1253155/
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Post by JerseyGirl on Jan 3, 2022 12:50:43 GMT -5
David Bowie’s estate sells his music publishing catalog for over $250M By Alexandra Steigrad January 3, 2022 12:19pm
David Bowie’s estate has inked a deal with Warner Chappell Music, the publishing arm of Warner Music Group, to sell the singer’s music publishing catalog, the company said Monday. The sale comes as part of a rush of similar deals with ZZ Top, Bruce Springsteen and Bob Dylan, all of whom sold their music catalogs to publishing groups in recent months. The Bowie catalog, which includes six decades of hits like “Space Oddity,” “Changes,” “Life on Mars?” and “Ziggy Stardust,” sold for upward of $250 million, according to reports. The deal comes amid the “Bowie 75” celebration, surrounding the late singer’s 75th birthday on Saturday, Jan. 8. It comprises songs from the 26 David Bowie studio albums released during Bowie’s lifetime, as well as the posthumous studio album release, “Toy.” It also includes the two studio albums from “Tin Machine,” along with tracks released as singles from soundtracks and other projects. “All of us at Warner Chappell are immensely proud that the David Bowie estate has chosen us to be the caretakers of one of the most groundbreaking, influential, and enduring catalogs in music history,” Warner Chappell Music co-chair and CEO Guy Moot said, “These are not only extraordinary songs, but milestones that have changed the course of modern music forever.” “We are truly gratified that David Bowie’s body of music will now be in the capable hands of Warner Chappell Music Publishing,” said attorney Allen Grubman, who represented Bowie’s estate. “We are sure they will cherish it and take care of it with the greatest level of dignity.” Last September, Warner licensed the worldwide rights to the “Let’s Dance” singer’s career spanning music from 1968 through 2016. Monday’s publishing deal is the latest in a flurry of acquisitions by record companies to own the music libraries of iconic singers. Last month, ZZ Top sold its music catalog to investment firm KKR and record company BMG for $50 million, just weeks before Bruce Springsteen sold his iconic song and publishing catalog to Sony Music for a whopping $500 million. Last year, Bob Dylan sold his massive 600-song catalog to Universal Music Publishing Group for a reported $300 million to $400 million in December 2020. Around the same time, Fleetwood Mac singer-songwriter Stevie Nicks sold 80 percent of her rights to her own songwriting catalog, including hits like “Landslide” and “Edge of Seventeen,” to music publisher Primary Wave for a reported $100 million. And according to reports late last year, Universal Music Group has been in advance talks with Sting to buy his music for $250 million. The deals are part of a long string of established artists selling their songbooks to big-pocketed investors or music labels. They’re also fueled by streaming, which offers the possibility of more lucrative royalties as customers flock to services like Spotify and Apple Music. Such deals have ramped up during the coronavirus pandemic due in part to low interest rates that make it easier for companies to borrow money to purchase large assets. nypost.com/2022/01/03/david-bowies-estate-sells-his-music-publishing-catalog-for-over-250m/
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Post by JerseyGirl on Jan 3, 2022 12:51:35 GMT -5
The deals are part of a long string of established artists selling their songbooks to big-pocketed investors or music labels. They’re also fueled by streaming, which offers the possibility of more lucrative royalties as customers flock to services like Spotify and Apple Music. Such deals have ramped up during the coronavirus pandemic due in part to low interest rates that make it easier for companies to borrow money to purchase large assets. Capitalism at work luckily for all the democrat artists that sold their works. They cash in and want us to believe that democrats way of socialism and communism are good.
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SkynyrdFrynd
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Posts: 3,464
Date Registered: October 2016
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Post by SkynyrdFrynd on Jan 3, 2022 15:34:43 GMT -5
Music industry is going through some huge changes right now for sure.
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Post by MDfan aka The MD Well Man on Jan 7, 2022 4:36:07 GMT -5
David Bowie weekend on SiriusXM Radio starting today I think
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Post by JerseyGirl on Jan 7, 2022 10:26:00 GMT -5
David Bowie weekend on SiriusXM Radio starting today I think His birthday is January 8 and he died January 10.
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Post by JerseyGirl on Jan 8, 2022 13:34:11 GMT -5
David Bowie weekend on SiriusXM Radio starting today I think His birthday is January 8 and he died January 10. This weekend one of the Philly radio stations is also playing a bunch of Bowie songs. He would have turned 75 today.
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Forum Lord
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Post by Forum Lord on Jan 9, 2022 13:34:13 GMT -5
Speaking of Bowie... an album he left behind unreleased to be released posthumously was the plan I assume... blog.dnevnik.hr/zinhof?page=blog&subdomain=zinhofDAVID BOWIE - TOY [3CD Box] (2022) thumbup Around the turn of the millennium, David Bowie made one of the more unexpected moves in a career filled with them: He began revisiting some of the very earliest songs from his professional career, most of which he’d released in his teens or early 20s and that most fans would only be dimly aware of, if at all. In fact, a rocked-up version of his fourth single, “Can’t Help Thinking About Me,” originally released in 1966, became a highlight of his live sets from 1999 and 2000. He later took his tour-tight band into the studio and bashed down more than a dozen of them for an album called “Toy” that, due to complications with his label, was not released at the time, although several songs were released separately and the whole thing leaked a few years back. Producer and longtime Bowie collaborator Tony Visconti has described the album as being “some of David’s finest work” and the project offers a unique lens on the musician’s own interpretations of his recordings. Following his iconic Glastonbury set in 2000, Bowie entered the studio to record new takes on songs he’d first cut early in his career, from 1964-1971, with a view to release the collection in as short a time frame as possible. While a commercial release was ultimately shelved, it sees Bowie reconnect with some of his finest early recordings, with freakbeat single Can’t Help Thinking About Me bringing all the energy of his live shows onto the record. His selections are choice and, given the concept, it’s only natural to yearn for more, as Bowie hones in on specific moments from his formative years which were inspiring him at that particular time. But instead of a cohesive body of work, ‘Toy’ exists more as a soundboard for what would be to come, as it was laid to one side while the icon set to work on his next original album, ‘Heathen’, released the following year. The album was first issued as part of the ‘Brilliant Adventure (1992-2001)’ box set, but the ‘Toy:Box’ release expands further across three discs, featuring alternate takes and stripped-back recordings from the original sessions. The brilliance, of course, is that he not only left behind an unreleased album after his death, but also a full expanded edition to be enjoyed for years to come. Download: www.mediafire.com/file/ubs0w5tuhfgxxlf/DAVIDBOWIETOY3CD22.rar/fileydray.com/get/l/yg16416754345287/JiTynL7oB9R
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Post by JerseyGirl on Jan 21, 2022 5:51:51 GMT -5
Speaking of Bowie... an album he left behind unreleased to be released posthumously was the plan I assume... I would say yes. From what I recall he was working on music up until his death. His final studio album was released two days before he died. Supposedly, Bowie had created a five year plan for his music after his death.
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