Tina Turners Catalog=Sold
Tina Turner has recently sold her legendary catalog.
BMG a music company are the ones who purchased the stars entire catalog for around whopping 50 million dollars, but the exact amount paid is to remain unknown.
The company plans to expand, and reach a brand new audience with more streaming platforms.
The catalog includes the whole package, the iconic Tina Turner’s image, likeness, her name along with publishing and neighboring rights.
It is no secret Tina Turner is an impactful artist that yet still makes a difference, and BMG purchasing the catalog plans to unload even more potential.
Warner Music is still her record company, and BMG will be the ones who are in charge of the royalties and assets.
They will be working with Warner Music.
“We all know how iconic Tina’s work is,” Hartwig Masuch, CEO of BMG explains.
“When you look at the dimensions Tina’s career has entered even in the last few years between musicals and documentaries, there’s still so much untapped potential with her legacy.”
“Like any artist, the protection of my life’s work, my musical inheritance, is something personal. I am confident that with BMG and Warner Music, my work is in professional and reliable hands.”