David Bowie
David Bowie is the latest artist whose publishing catalog has been sold in a multi-million dollar deal, as Warner Music Group‘s Warner Chappell Music (WCM) division has acquired the late icon’s global rights. WCM and Bowie’s estate said in an announcement that the deal covers “songs from the 26 David Bowie studio albums released during his lifetime, as well as the posthumous studio album release, Toy. It also includes the two studio albums from Tin Machine, along with tracks released as singles from soundtracks and other projects.”
According to multiple reports, the deal is valued at approximately $250 million. Last month, Bruce Springsteen‘s recorded music catalog and his songwriting rights were sold collectively to Sony Music for a reported $500 million.
WCM Co-Chair/CEO Guy Moot said, “All of us at Warner Chappell are immensely proud that the David Bowie estate has chosen us to be the caretakers of one of the most groundbreaking, influential, and enduring catalogs in music history. These are not only extraordinary songs, but milestones that have changed the course of modern music forever. Bowie’s vision and creative genius drove him to push the envelope, lyrically and musically – writing songs that challenged convention, changed the conversation, and have become part of the canon of global culture. His work spanned massive pop hits and experimental adventures that have inspired millions of fans and countless innovators, not only in music, but across all the arts, fashion, and media. We are looking forward to tending his unparalleled body of songs with passion and care as we strive to build on the legacy of this most extraordinary human being.”
WCM Co-Chair/COO Carianne Marshall added, “This fantastic pact with the David Bowie estate opens up a universe of opportunities to take his extraordinary music into dynamic new places. This isn’t merely a catalog, but a living, breathing collection of timeless songs that are as powerful and resonant today as they were when they were first written. We were pleased that the estate felt that Warner Chappell has the knowledge, experience, and resources to take the reins and continue to promote a collection of this stature. All of our global leaders and departments are incredibly excited and primed to get to work with these brilliant songs across multiple avenues and platforms. And with both sides of WMG now representing Bowie’s career, we couldn’t be better set up to represent this illustrious body of work.”
On behalf of the David Bowie Estate and RZO, Allen Grubman added, “We are truly gratified that David Bowie’s body of music will now be in the capable hands of Warner Chappell Music Publishing. We are sure they will cherish it and take care of it with the greatest level of dignity.”
