Tina Turner becomes latest music star to sell off back catalogue after reaching agreement with BMG | Ents & Arts News
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Tina Turner has become the latest musician to sell the rights to their music, after striking an undisclosed deal with music firm BMG.
The 81-year-old Queen of Rock and Roll has given over her share of her recordings, her publishing writers share, her name, image and likeness, the company revealed.
The two parties have not revealed the amount of money the deal cost.
Tina Turner retired from music in 2009. Pic: AP
Turner’s back catalogue includes massive hits such as What’s Love Got To Do With It, GoldenEye and of course Simply The Best, as well as 10 studio albums, two live albums, two soundtracks and five compilations.
Altogether, Turner, who will remain as a client of Warner Music, has shifted more than 100 million albums over her career.
Reacting to the sale, she said: “Like any artist, the protection of my life’s work, my musical inheritance, is something personal.
“I am confident that with BMG and Warner Music my work is in professional and reliable hands.”
BMG chief executive Hartwig Masuch said: “Tina Turner’s musical journey has inspired hundreds of millions of people around the world and continues to reach new audiences.
“We are honoured 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.”
Tina Turner is a music legend, and has twice been inducted into the Rock and Roll Hall of Fame – once as a solo artist this year, and once with husband Ike in 1991.
She bowed out of performing and recording in 2009, but not before a sold-out farewell tour.
According to BMG, the sale of Turner’s back catalogue forms part of its wider plans to create a “21st century home for the most iconic music rights in popular music history” with the company expecting more announcements in the next few weeks.
Among the other musicians to sell of their rights recently include Bob Dylan, who was thought to have shifted his back catalogue for $300m (£215m), Stevie Nicks, in a deal reportedly worth $100m (£72m), and Neil Young – who sold half of his back catalogue for an estimated $150m (£108m).
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