David Bowie's Back Catalogue Sold For $250 Million
Music icon David Bowie's estate has sold publishing rights to his "entire body of work" to Warner Chappell Music (WCM) for more than $250 million.
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Music icon David Bowie's estate has sold publishing rights to his "entire body of work" to Warner Chappell Music (WCM) for more than $250 million.
The owners of a song's publishing rights receive a cut in a number of scenarios, including radio play and streaming, album sales, and use in advertising and movies. Recording rights govern reproduction and distribution.
Recent years have seen a series of blockbuster music rights acquisitions by corporations, a trend driven in part by the anticipated stability of streaming growth.
Music icon David Bowie's estate has sold the publishing rights to his entire body of work to Warner Chappell Music (WCM) for more than $250 million.
David Bowie's estate have sold the publishing rights to his "entire body of work" to Warner Chappell Music (WCM) for more than $250 million.