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Tony Bennett's estate sells a catalog of music assets


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Teletubby

Olivier Chastan’s acquisition vehicle Iconoclast has struck a deal for a catalog of music assets of legendary singer and artist Tony Bennett.

Included as part of the deal, according to Iconoclast, are rights to certain Tony Bennett sound recordings, his sound recording royalties, NIL (name, image & likeness) and archives/memorabilia.

Iconoclast said that it has already secured deals for a number of upcoming “Tony Bennett-branded initiatives”, such as a series of watches with Bulova, a restaurant located in New York City and various film and TV projects including “The Lady and The Legend”

The value of the transaction was not disclosed by the company, but sources tell MBW that the deal was worth below $50 million.

It’s understood that Sony Music will continue to own/control the bulk of Bennett’s sound recordings catalog.

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Teletubby
Just now, Teletubby said:

a restaurant located in New York City

@Rat Boywill this be your new workplace??:partysick:

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Bronco
1 minute ago, pachinko said:

TV projects including “The Lady and The Legend”
 

:triggered:

Maybe this sale is what's led to the delays

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LaLa
1 minute ago, Bronco said:

Maybe this sale is what's led to the delays

Absolutely my first thought! The rights to it were part of his estate being sold, and that would definitely cause the delay

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River

now u understand why it was delayed

I could play the moderator, I can ban you, die sis.
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Teletubby
Just now, River said:

now u understand why it was delayed

no, why?

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River
4 minutes ago, Teletubby said:

no, why?

 

I could play the moderator, I can ban you, die sis.
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Red

I wonder if they offered it to Gaga first

If you see me posting like crazy, I'm either bored or procrastinating.
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VTV

That's it. We're never going to see the documentary :madge:

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Madame Goo Goo
5 minutes ago, VTV said:

That's it. We're never going to see the documentary :madge:

I think this actually increases the chances of us seeing it lol

Lady Gaga doesn't owe us anything
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Plastic Flower
54 minutes ago, Madame Goo Goo said:

I think this actually increases the chances of us seeing it lol

Exactly. The definitely expect to make a profit out of this. 

Drop it
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Anderson123
2 hours ago, Red said:

I wonder if they offered it to Gaga first

Inb4 she's the one who bought it just so she can put in on a vault next to ARTPOP Act II, Americano mariachi version and RedOne LG5 demos and lock it.

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