
John Legend Cashes In With Songwriting Catalog Sale to BMG, KKR
Acquisition covers the musician's output from 2004 through early 2021, including hits like "All of Me," "Ordinary People" and "Glory"
Acquisition covers the musician's output from 2004 through early 2021, including hits like "All of Me," "Ordinary People" and "Glory"
Hartwig Masuch discusses finding greater equality for artists, the chances of an IPO and why the company's landmark deal with Tina Turner is only the beginning
The company calls the Turner deal — which includes her name, image and likeness — its single largest artist acquisition ever
BMG and investment firm KKR are partnering to acquire major music catalogs. Says an exec: "We’re not chasing hits from January 2021. We’re looking at repertoire that’s proved itself about being part of our lives"
The music company's audit found that black artists from four of its labels had "significant disparities" in the royalty rates of their old record contracts, providing them with smaller payouts than non-black artists
"It's still important to me to do music my own way, and I wouldn't want to be on a label that dictates so specifically how their artists should behave," the singer says of his departure from BMG
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