Warner Music Group’s publishing unit has acquired late British rock star David Bowie’s entire catalogue spanning 6 a long time, which include hits these as Room Oddity, Ziggy Stardust, Heroes and Let us Dance.
Bowie, who pushed the boundaries of songs and his personal sanity to deliver some of the most impressive music of his era, died in 2016 at 69.
The deal involving Bowie’s estate and Warner Music includes songs from the 26 studio albums unveiled throughout his life time, as well as the studio album Toy, introduced posthumously.
Deal reportedly worthy of about $250M US
Warner Tunes did not disclose the money conditions of the deal in its announcement on Monday, but a particular person familiar with the issue claimed the purchase was value about $250 million US.
Bowie’s estate had in September signed a deal that gave Warner Music global rights to the artist’s catalogue from 1968 by 2016.
Check out | Analyzing Bowie’s effect on songs and society:
Bowie shot to fame in Britain in 1969 with Place Oddity, the lyrics of which he stated have been encouraged by watching Stanley Kubrick’s film 2001: A Room Odyssey while stoned.
But it was his portrayal of the character Ziggy Stardust, a doomed bisexual rock envoy from area from the eponymous song on the album The Increase and Tumble of Ziggy Stardust and the Spiders from Mars that propelled Bowie to global stardom beginning in 1972.
The offer for his catalogue is the newest in the media rights sector, where by companies have sought to enhance royalties by purchasing artists’ catalogues just after the pandemic hit physical revenue streams and delayed the launch of new recordings.
Warner Songs, house to musicians these kinds of as Cardi B, Ed Sheeran and Bruno Mars, has also partnered with pop star Madonna to relaunch her entire catalog around the future number of several years.
Information of the deal comes days just before what would have been Bowie’s 75th birthday on Jan. 8.