Warner Music Group’s music editing unit has taken over the entire catalog of British rock star David Bowie, including hits such as Champions e let’s go dancing.
Bowie, who experimented beyond the boundaries of music and his mind to produce some of the most innovative songs of his generation, He passed away in 2016 at the age of 69.
The deal between Bowie stockholders and Warner Music includes songs from 26 studio albums released during his lifetime, as well as those from a posthumous studio album toy.
Warner Music did not disclose the financial terms of the deal in its Monday announcement (3), but a person familiar with the matter said it was worth about $250 million.
Bowie estate managers signed an agreement in September to grant Warner Music the global rights to the artist’s catalog from 1968 to 2016.
Bowie became famous in the UK in 1969 with space oddities, which is a song, he says, inspired by the Stanley Kubrick movie 2001: space flight. But in 1972, his character Ziggy Stardust, a bisexual rock singer sent from space, made him a world star.
Copyright © Thomson Reuters.
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