(Reuters) – Universal Music Group said on Tuesday it would manage the song catalog of the “King of Rock ‘n’ Roll” Elvis Presley, the latest such deal by global music labels to generate more revenue from royalties, licensing and brand deals.
For big-name artists such as Bob Dylan, Bruce Springsteen, Sting, and Neil Diamond, the agreements offer a chance to reap the benefits of their catalogs, toward the end of their careers.
Here is a list of some such deals over the last few months:
Buyer Artist / Popular tracks Deal Value
Label
KKR & Co and Kobalt Kobalt has artists $1.1 bln
former Goldman Capital including
Sachs partner Paul McCartney,
Stephen Enrique Iglesias
Hendel’s and Phoebe Bridgers
family office
Sony Music Bruce Thunder road, $500 mln
Springsteen Dancing in the
Dark, Glory Days
Warner Music 300 Artists such as $400 mln
Group Entertainment Megan Thee
Stallion, Fetty Wap
and Mary J. Blige
Universal Sting Fields of Gold, $300 mln
Music Desert Rose, Every
Publishing Breath You Take
Group (The Police)
Warner Music David Bowie Lazarus, Under $250 mln
Group Pressure, Heroes,
Space Oddity
Sony Music Bob Dylan Blowin’ in the Wind $150 mln –
Entertainment and Knockin’ on $200 mln,
Heaven’s Door as per
Variety
U.K Investment Neil Young Heart of Gold, $150 mln,
Fund Hipgnosis (50% of Harvest Moon, according
rights) Tangled Up in Blue to British
news firm
BBC
Universal Elvis Presley Can’t help falling Undisclosed
Music Group, in love, Jailhouse
Authentic Rock, Memories
Brands Group
BMG Tina Turner The Best, What’s Undisclosed
Love Got To Do with
It
Hipgnosis Shakira Waka Waka, Hips Undisclosed
Songs Fund (145 tracks) Don’t Lie, Whenever
Wherever
Hipgnosis Carole Bayer Nobody Does it Undisclosed
Songs Fund Sager Better
Warner Music Madonna Material Girl, Undisclosed
Group Express Yourself
Universal Neil Diamond Sweet Caroline, Undisclosed
Music Group Cracklin’ Rosie
BMG Mick Dreams, Go Your Own Undisclosed
Fleetwood Way (https://www.reuters.com/article/us-music-rights-fleetwood-idUSKBN29J29T)
(Drummer of
Fleetwood Mac
)
Sony Music Paul Simon Bridge Over Undisclosed
Publishing Troubled Water,
Still Crazy After
All These Years
(Compiled by Tiyashi Datta, Eva Mathews and Sriraj Kalluvila in Bengaluru; Editing by Anil D’Silva)
