Music Legends
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| Google books | books.google.com |
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| Originally published | September 13, 2014 |
| Authors | Steve Kilbey |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2271523 |
About Music Legends
Intrigue and mystery swirling underfoot while the Legends mingle tarry dally and make music with each other like demi-gods pulling such idiosyncratic stuff out of disparate musical universes. Some like Nick Cave reached in and pulled out a biblical pestilence. . . .
Kurt Cobain: Guitar smashed by Nirvana frontman sells for nearly $600,000
... Julien s ongoing three-day sale also includes memorabilia from other Music Legends including Elvis Presley, Freddie Mercury, Janet Jackson, and Dolly Parton...
Justin Bieber sells rights to songs for $200m
... In the last two years, Music Legends Bob Dylan and Bruce Springsteen both sold back catalogue rights to Sony...
Paris terror attacks: 'I refuse to hate my brother's killers'
... Tributes poured in from Music Legends including Damon Albarn and Cat Stevens, but also from people who had only met him once while buying merchandise, but he had still left his mark on them, Zoe says...
Justin Bieber sells rights to songs for $200m
By Mattea BubaloBBC News
Justin Bieber has sold his share of the rights to his music to Hipgnosis Songs Capital for a reported $200m.
The Firm now owns the pop star's stake in some of the biggest hits of recent years - including " Baby" and " Sorry".
Bieber, one of the best-selling artists of the 21St Century , joins a growing group of artists who have cashed out on their catalogues.
The Move means Hipgnosis will receive a payment every time a song they own part of is played in public.
The Company - Between financial giant Blackstone and The British Hipgnosis Song Management - acquired Bieber's publishing copyrights to his 290-song back catalogue.
That includes all of his music released before 31 December 2021 - and his writer's share.
The Star 's artist rights to his master recordings were also acquired in The Deal .
Hipgnosis has not disclosed the terms of The Deal , but a source told The News agency AFP it was worth around $200 million.
Artists are increasingly selling stakes in their work to music funds - including Justin Timberlake and Shakira, who have also struck deals with Hipgnosis.
But the trend is more common among older artists. In The Last two years, Music Legends Bob Dylan and Bruce Springsteen both sold back catalogue rights to Sony.
Springsteen received a reported $500m (£376m) for the sale of his life's work.
The Hipgnosis Songs Fund is - and inviting big institutional investors to share in the proceeds.
The fund floated on the London Stock Exchange In July 2018.
The Man who founded it, Merck Mercuriadis , previously said hit songs can be
" The impact of Justin Bieber on global culture over The Last 14 years has truly been remarkable, " He Said , announcing the latest Deal .
Source of news: bbc.com