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David Bowies entire catalogue spanning 6 decades sold to Warner Music

David Bowies entire catalogue spanning 6 decades sold to Warner Music

Warner Music Groups publishing unit has bought late British rock star David Bowies entire catalogue spanning six decades, including hits such as Heroes and Lets Dance. Bowie, who pushed the boundaries of music and his own sanity to produce some of the most innovative songs of his generation, died in 2016 aged 69. The deal between Bowies estate and Warner Music includes songs from the 26 studio albums released during his lifetime, as well as the posthumous studio album release Toy. Warner Music did not disclose the financial terms of the deal in its announcement on Monday, but a person familiar with the matter said the purchase was worth about USD 250 million. ALSO READ | New York exhibition celebrates late British singer David Bowies birthday Bowies estate had in September signed a deal that gave Warner Music global rights to the artists catalogue from 1968 through 2016. Bowie shot to fame in Britain in 1969 with Space Oddity, whose words he said were inspired by watching Stanley Kubrick’s film 2001: A Space Odyssey while stoned. But it was his 1972 portrayal of a doomed bisexual rock envoy from space, Ziggy Stardust, that propelled him to global stardom. The deal for his catalogue is the latest in the media rights sector, where companies have sought to boost royalties by purchasing artists catalogue after the pandemic hit physical revenue streams and delayed release of new recordings. Warner Music, home to musicians such as Cardi B, Ed Sheeran and Bruno Mars, has also partnered with popstar Madonna to relaunch her entire catalogue over the next few years. Its deal with Bowies estate comes days before the rock stars 75th birth anniversary on January 8..

lifestyle 2022-01-04 hindustantimes