Bowie estate sells songwriting catalog to Warner Music

The First Art Newspaper on the Net    Established in 1996 Thursday, April 25, 2024


Bowie estate sells songwriting catalog to Warner Music
File photo of the 1984 “Blue Jean” costume by Alison Chitty, left, and the 1980 “Ashes to Ashes” costume by Natasha Korniloff, worn by David Bowie, on display in the exhibit “David Bowie Is,” at the Brooklyn Museum in New York, Feb. 21, 2018. Vincent Tullo/The New York Times.

by Ben Sisario



NEW YORK, NY.- David Bowie’s estate has sold his entire songwriting catalog to Warner Music, including classics like “Space Oddity,” “Let’s Dance” and “Heroes,” in the latest blockbuster deal for music rights.

Warner’s music publishing division, Warner Chappell, announced the agreement on Monday, saying that it encompassed Bowie’s entire corpus as a songwriter, from the material on his 1967 debut album, “David Bowie,” to his final album, “Blackstar,” released just before Bowie’s death in 2016 at age 69.

The deal, for more than 400 songs, also includes soundtrack music; the material for Bowie’s short-lived band Tin Machine from the late 1980s and early ’90s; and other works.

The price of the transaction was not disclosed, but is estimated at $250 million.

“These are not only extraordinary songs, but milestones that have changed the course of modern music forever,” Guy Moot, the chief executive of Warner Chappell, said in a statement.

Warner’s deal, signed late last month, is the latest in a series of huge transactions for music rights, driven by the rising value of music in the streaming age and growing Wall Street interest in music as an “alternative investment.” Last month, Bruce Springsteen sold his work as both a songwriter and recording artist to Sony Music for about $550 million. (The copyrights for recorded music are separate from those for songwriting, which cover the lyrics and melodies underlying any performance or recording of song.)

Over the last year or so, other major sales have included the work of Bob Dylan, Paul Simon, Tina Turner, Mötley Crüe, ZZ Top and Shakira.

Warner’s deal for Bowie’s songwriting rights means it will be the home for nearly all of the star’s music. In September, the company announced another agreement with the Bowie estate giving Warner the rights to release all of Bowie’s recordings since 1968 — although that deal did not include Bowie’s debut, which remains controlled by Universal Music.

Last fall, the Bowie estate introduced “Bowie 75,” a “retail experience” tied to what would have been his 75th birthday, with pop-up locations in New York and London featuring immersive audiovisual exhibitions along with clothing, music and other memorabilia for sale. They will remain open until late January.

This article originally appeared in The New York Times.










Today's News

January 4, 2022

A Spanish mystery: Is a 'masked restorer' to blame for a church's botched repair?

Art Gallery of NSW acquires Spanish Baroque masterpiece by Jusepe de Ribera

717 gigapixel photograph of Rembrandt's Night Watch unveiled by the Rijksmuseum

Rare abolitionist work acquired by US museum from Ben Elwes Fine Art

Film captures Jewish life in a Polish town before the Nazis arrive

James Garner's items from Maverick, Rockford Files, and Victor/Victoria head to Julien's Auctions

ARoS Aarhus Art Museum announces new director: Rebecca Matthews

Outstanding December sales cap a year of great auctions at Michaan's

Hermitage Museum exhibits fashion photography from the collection of the Still Art Foundation

Bowie estate sells songwriting catalog to Warner Music

Academy Art Museum opens three new exhibitions

Singapore International Festival of Art 2022 is back, helmed by festival director, Natalie Hennedige

Richard Leakey, Kenyan fossil hunter and conservationist, dies at 77

'Mrs. Doubtfire' on Broadway is pausing to avoid closing

Amid omicron, the Met Opera opens a Weimar 'Rigoletto'

Under the Radar theater festival canceled as omicron surges

Saudi Arabia's first biennale, Diriyah Contemporary Art Biennale, opens to the public

The Exhibitionists: A History of Sydney's Art Gallery of New South Wales

Boise Art Museum presents "Many Wests: Artists Shape an American Idea "

Exhibition makes visible the roots of Southern hip-hop culture

Anna Laudel presents an exhibition of works by Emin Mete Erdoğan

HOW TO BE A NASDAQ STOCKBROKER?

How the Brain Is Affected By Art

What is ITIL 4 Foundation certification training program?

Why attorneys and lawyers need to focus their marketing efforts on Website Design and Development




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

sa gaming free credit
Attorneys
Truck Accident Attorneys
Accident Attorneys

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site Parroquia Natividad del Señor
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful