Teletubby 153,952 Posted February 10, 2022 Share Posted February 10, 2022 Sting is the latest artist to sell the share of their songwriting catalog for hundreds of millions of dollars, with the singer reaching a deal with Universal Music Group for both his solo hits and the ones he penned for the Police. According to the New York Times, while financial terms weren’t disclosed, the deal is believed to be worth an estimated $250 million. The agreement covers Sting’s entire output as a songwriter, including Police songs like “Every Breath You Take” and “Every Little Thing She Does Is Magic” to solo singles like “If I Ever Lose My Faith in You” and “Fields of Gold.” Universal Music Group previously gained ownership of both the Police and Sting’s recorded output in addition to the new deal covering Sting’s songwriting; through mergers, both the Police and Sting have released all their albums under the Universal umbrella of labels. source "You b*tch!" ~ Rat Boy Link to post Share on other sites More sharing options...
Chromatislaps 34,851 Posted February 10, 2022 Share Posted February 10, 2022 If Aliens ever land in New York, he will have such a missed opportunity with this song Link to post Share on other sites More sharing options...
Stef 61,645 Posted February 10, 2022 Share Posted February 10, 2022 Aside from the monetary gain, i’ll i ever understand an artist’s decision to completely wash their hands of their entire careers worth of work, effort and craft. Edit: I mean i guess i can see it also from a family point of view. He’d like to ensure his family are well off in the wake of his passing too. And i almost forgot about the public domain rule in music Signature loading… 👹🖤 Link to post Share on other sites More sharing options...
Damon 10,905 Posted February 10, 2022 Share Posted February 10, 2022 i don't know the whole story but why would you give up your whole career just like that is money really enough? ... and now i just sit in silence. Link to post Share on other sites More sharing options...
Alannah 2,987 Posted February 10, 2022 Share Posted February 10, 2022 Springsteen just recently did this, too. Old rockstars keep getting older. Link to post Share on other sites More sharing options...
Defmix100 6,523 Posted February 10, 2022 Share Posted February 10, 2022 51 minutes ago, Alannah said: Springsteen just recently did this, too. Old rockstars keep getting older. Redone did it too Link to post Share on other sites More sharing options...
PunkTheFunk 124,884 Posted February 10, 2022 Share Posted February 10, 2022 56 minutes ago, Alannah said: Springsteen just recently did this, too. Old rockstars keep getting older. And Tina Turner Link to post Share on other sites More sharing options...
Teletubby 153,952 Posted February 10, 2022 Author Share Posted February 10, 2022 58 minutes ago, Alannah said: Springsteen just recently did this, too. Old rockstars keep getting older. And Shakira "You b*tch!" ~ Rat Boy Link to post Share on other sites More sharing options...
Chaymie 883 Posted February 10, 2022 Share Posted February 10, 2022 9 minutes ago, Defmix100 said: Redone did it too Wow! Really? Does that include his shares for the gaga songs he co-wrote? Chaymie Link to post Share on other sites More sharing options...
Teletubby 153,952 Posted February 10, 2022 Author Share Posted February 10, 2022 9 minutes ago, Chaymie said: Wow! Really? Does that include his shares for the gaga songs he co-wrote? yes, also Mark Ronson sold his catalog to the same company "You b*tch!" ~ Rat Boy Link to post Share on other sites More sharing options...
LilMonst3r 5,586 Posted February 10, 2022 Share Posted February 10, 2022 When he dies they’re gonna make so much bank. Link to post Share on other sites More sharing options...
berlinforme 5,362 Posted February 10, 2022 Share Posted February 10, 2022 1 hour ago, myluis617 said: When he dies they’re gonna make so much bank. Damn, Sting really lost an opportunity here. Link to post Share on other sites More sharing options...
LilMonst3r 5,586 Posted February 11, 2022 Share Posted February 11, 2022 18 hours ago, berlinforme said: Damn, Sting really lost an opportunity here. Link to post Share on other sites More sharing options...
Neroneau 1,017 Posted February 11, 2022 Share Posted February 11, 2022 22 hours ago, Stef said: Aside from the monetary gain, i’ll i ever understand an artist’s decision to completely wash their hands of their entire careers worth of work, effort and craft. Edit: I mean i guess i can see it also from a family point of view. He’d like to ensure his family are well off in the wake of his passing too. And i almost forgot about the public domain rule in music It relieves the songwriters from constantly marketing and extracting revenue from previous their work which has passed their revenue peak. It’s a full time job and they’re getting old so it’s easier to sell off it’s something like that, I can’t explain better Link to post Share on other sites More sharing options...
pachinko 10,552 Posted February 11, 2022 Share Posted February 11, 2022 Does this mean sellout? I’d take millions of dollars too. Link to post Share on other sites More sharing options...
Featured Posts
Archived
This topic is now archived and is closed to further replies.