David Bowie Estate Sells Entire Songbook for $ 250 Million: Report


Cha-cha-cha-ching!

The David Bowie estate sold the publishing rights to the singer’s vast and innovative catalog of songs from “Changes” for $ 250 million, according to Variety.

Negotiations with music publishing company Warner Chappell Music reportedly lasted several months and covered music recorded in the six decades before Bowie’s death in January 2016, just two days after his 69th birthday. Warner presented a plan to acquire Bowie’s recorded music in 2013.

The deal announced Monday includes music from 28 albums, including the posthumous recording “Toy,” a collection of old remade tunes to be released later this week. Bowie would have turned 78 on Saturday.

Bowie’s estate controlled all of his music made after 1967, which does not include his eponymous debut. However, a “Silly Boy Blue” remake of that record is included on “Toy”. “Toy” was previously only available as part of a box set released in November.

Bowie hits including “Space Oddity”, “Heroes”, “Let’s Dance” and “Ziggy Stardust” are included in the deal. The same is true of his late 1980s band Tin Machine songs “All the Young Dudes,” which he wrote for Mott the Hoople in 1972, and his 1981 collaboration with Queen, “Under Pressure.” The saxophone rocker and genre’s catalog also includes soundtrack music from films such as “Cat People” and “Absolute Beginners”.

Warner Chappell Music co-chairman and CEO Guy Moot told Variety he was “immensely proud” to have acquired the music from David Robert Jones, who took the stage name Bowie early in his career.

“All of us at Warner Chappell are extremely proud that the David Bowie Estate has chosen us to be the custodians of one of the most groundbreaking, influential and enduring catalogs in music history,” Moot said. . “These were not just amazing songs, but milestones that changed the course of modern music forever.”

An innovator from the start, Bowie predicted in 1999 that the Internet would change the way the world consumes information.

“(Internet) absolutely establishes and shows us that we absolutely live in total fragmentation,” he said in an interview with BBC Newsnight. “I don’t think we’ve even seen the tip of the iceberg.”

When the BBC interviewer questioned whether the web is “just a tool,” Bowie clarified that “the state of the content” will change the way we see the world.

“I think the potential of what the internet is going to do to society, both good and bad, is unimaginable,” he continued. “I think we are actually on the cusp of something exhilarating and terrifying.”

Bowie joins artists such as Bob Dylan, Neil Young, Bruce Springsteen, Stevie Nicks and Tina Turner to sell the rights to their lifelong work. Dylan would have raised 300 million dollars for his catalog while “The Boss” would have run away with 500 million dollars.


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