The 43-year-old joins icons like Bob Dylan and Bruce Springsteen in selling his rights.
has sold his song catalogue dating back to 2004, when he put out his first album. According to Bloomberg, Legend included both copyrights and royalty rights in the deal with KKR Credit Advisors and BMG Rights Management, which each purchased a 50 percent stake.
According to a regulatory filing, the deal was first struck in September. Financial terms were not disclosed. The 43-year-old joins icons like Bob Dylan, Bruce Springsteen, Stevie Nicks, and Neil Young in a string of giant music rights deals. Springsteen’s catalog went for $500 million.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
John Legend sells music catalog, joining Dylan and SpringsteenWith private equity firms paying high valuations for music rights, John Legend became the latest noted songwriter to cash in by selling his catalog.
Read more »
41 Forever: Mavericks legend Dirk Nowitzki immortalized in heartfelt jersey retirement ceremonyThe long-awaited moment finally came at about 10:15 p.m. Wednesday. Dirk Nowitzki stood at midcourt in American Airlines Center. His three children...
Read more »
Racing game legend Gavin Raeburn resigns from Forza Horizon studio Playground Games - GamepurPlayground Games, the Microsoft-owned studio responsible for the Forza Horizon and Fable franchises, has parted ways with co-founder and studio director Gavin Raeburn.
Read more »
Born to run: The legend of Sonny KasianowitzSonny Kasianowitz is easy to find at Houston's Memorial Park. 'Sonny K.' loves bright colors, has a unique running style, and spends over 300 days a year at the park.
Read more »
Country Legend Tom T. Hall’s Death Was a Suicide, Coroner RevealsCountry Hall of Fame member Tom T. Hall’s death in August 2021 was by suicide, officials in his native Williamson County, Tenn, have confirmed to reporters. The cause of death was first repor…
Read more »
Meet the Shakespearean Legend at the Heart of Joel Coen’s ‘Tragedy of Macbeth’One of the greatest stage actors alive, Kathryn Hunter gets a blazing cinematic showcase as all three of the witches. Inside her incredible transformation.
Read more »