Tina Turner Becomes Latest Music Star To Resell Catalog After Closing Deal With BMG | Ents & Arts News
Tina Turner has become the latest musician to sell the rights to her music, after reaching an undisclosed deal with music company BMG.
The 81-year-old queen of rock and roll has handed over her share of her recordings, edit authors, name, image and likeness, the company has revealed.
The two parties did not disclose the amount of the transaction.
Turner’s catalog includes massive hits such as What’s Love Got To Do With It, GoldenEye and of course Simply The Best, as well as 10 studio albums, two live albums, two soundtracks and five compilations.
In total, Turner, who will continue to be a Warner Music client, has moved over 100 million albums during her career.
Responding to the sale, she said: “Like any artist, protecting my life’s work, my musical heritage, is personal.
“I am convinced that with BMG and Warner Music my work is in professional and reliable hands.”
BMG Managing Director Hartwig Masuch said: “Tina Turner’s musical journey has inspired hundreds of millions of people around the world and continues to reach new audiences.
“We are honored to take on the management of Tina Turner’s musical and commercial interests. It is a responsibility we take seriously and will diligently pursue.
“She really and simply is the best.”
Tina Turner is a music legend and has been inducted into the Rock and Roll Hall of Fame twice – once as a solo artist this year and once with her husband Ike in 1991.
She retired from performing and recording in 2009, but not before a sold-out farewell tour.
According to BMG, the sale of Turner’s back catalog is part of its broader plans to create a “21st century hotbed for the most iconic music rights in popular music history,” the company has said. expecting more announcements in the coming weeks.
Other musicians to sell their rights recently include Bob Dylan, who was thought for moving his catalog back for $ 300million (£ 215million), Stevie Nicks, in a deal worth $ 100million (£ 72million), and Neil Young – which sold half of its back catalog for around $ 150million (£ 108million).