Tina Turner sells music catalog spanning 60 years to BMG
Image credit nbcnews |
The deal means that her name, image and the artist's and
writer's shares of her recordings — which have altogether sold more than 100
million records — are now owned by the media giant. BMG said it will be a
partner with Turner in her music interests, and Warner Music will continue to
be Turner's record company.
|
“Tina Turner’s musical journey has inspired hundreds of millions of people around the world and continues to reach new audiences," said BMG CEO Hartwig Masuch in a news release. "We are honored to take on the job of managing Tina Turner’s musical and commercial interests. It is a responsibility we take
seriously and will pursue diligently. She is truly and simply, the best.”
BMG did not disclose how much the deal was worth, but,
according to BBC, industry sources said the sales figure could be north of $50
million.
“Like any artist, the protection of my life’s work, my
musical inheritance, is something personal," Turner said in the release.
"I am confident that with BMG and Warner Music my work is in professional
and reliable hands."
Source nbcnews
No comments