Tina Turner is selling her entire catalog, name, likeness and image to BMG in the latest blockbuster deal for music copyrights
after John Lennon, and the first woman and black artist. More or less retired since 2009, Turner has recently seen a renaissance as the music and entertainment industries celebrate her legacy. She’ll be inducted into the Rock & Roll Hall of Fame as a solo artist at the end of October — her second induction after getting in with Ike Turner in the Nineties., the acclaimed musical based on Turner’s early life, will return to Broadway this month after an extended hiatus because of the pandemic.
Catalogs and artist copyrights have become highly sought after in the industry, as music valuations continue to rise. Companies like Hipgnosis Songs Fund and Primary Wave alongside the major music companies have been buying up publishing rights from major artists and songwriters for increasingly high multiples, taking the risk on future royalty earnings while sellers take an immediate payout.
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