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Mick Fleetwood Sells His Recording Rights
Mick Fleetwood is the latest superstar to sell his catalogue. Fleetwood, the co-founder of Fleetwood Mac, has handed over his future royalties from his recorded works to BMG.
Unlike the songwriters such as his Fleetwood Mac band members Stevie Nicks and Lindsey Buckingham and the news of Neil Young and Bob Dylan’s songwriting sales, Fleetwood’s deal with BMG is for his recorded works.
Mick Fleetwood said, “This is a wonderfully inspiring marriage between two creative partners that understand all aspects of the business. Foremost, BMG understands the artistry and puts the artist first. If this partnership is any indication of my past, and now future, working relationship with BMG, it’s that they truly ‘get it’.”
15 January 2021
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The 73-year-old drummer - who founded the group in the 1960s - has agreed to the sale, which covers classic albums including Tango In The Night , Rumours and Tusk .
He said in a statement, This is a wonderfully inspiring marriage between creative partners that understand all aspects of the business.
The agreement means Mick has traded his future earnings from the sale of the iconic group s music for an upfront payment, although BMG did not disclose the sum.
They noted the collection of albums covers 300 songs, or 18 hours of drumming .
BMG s Justus Haerder added: This acquisition highlights the value of timeless recordings in a streaming market which is increasingly benefitting established rather than newer artists.