Publishing rights are a lucrative business, as Michael Jackson found out after he acquired 251 Beatles songs for more than $47 million in 1985 and doubled his money 10 years later. But that catalog was cheap by today's standards. Bob Dylan sold all his song rights to Universal Music for what Rolling Stone magazine estimates to be around $400 million in late 2020. Dylan had been one of the few artists who had retained the rights to their own catalog. But the balladeer has joined a slew of top-selling music artists who have recently made their publishing rights prized currency in a song acquisition boom. Just this week, the Red Hot Chili Peppers also got in on the act. The evergreen rock four-piece sold their publishing rights to Hipgnosis Songs Fund for over $140 million (€116.2 million), according to the music publication Billboard . Earlier this year, Neil Young also sold the rights to 50% of his songs, including such classics as "Heart of Gold," to the same investment … [Read more...] about Music Inc: Why song rights sales are booming
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A set of stamps is being launched to honour Sir Paul McCartney and his "immense" legacy in the music world. Royal Mail has revealed that the set of 12, created in collaboration with the singer/songwriter, will be on sale from 28 May. David Gold of Royal Mail said: "Paul McCartney remains a vital figure at the centre of rock and pop, an artist whose legacy is immense, but whose work continues to generate popular attention and critical acclaim. "This dedicated stamp issue is a fitting tribute to one of the UK's much loved and revered musical icons." The main set features eight LPs which have defined the ex-Beatle's career. Advertisement Among them are his first solo album - McCartney - released in 1970, and his most recent number one album - McCartney III - which was recorded and released during the coronavirus lockdown in 2020. A miniature sheet of four stamps features photographs of Sir Paul in the recording studio during his career. More … [Read more...] about New stamps celebrate Sir Paul McCartney’s ‘immense legacy’
EVERYONE has long wondered what lies beneath Billie’s layers. Admit it, you have. Just what WAS she hiding under all that shapeless clobber? So, unsurprisingly, her shoot for next month’s British Vogue — which according to the fashion bible was “entirely her idea” — has caused quite the stir. The singer transformed herself from tracksuit-wearing Kevin the teenager into a sexy swan. Billie said she was channelling a “classic, old-timey pin-up” — and her mature new look was a hit. On social media it harvested one million likes in just six minutes, matching her own previous record when she dyed her hair blonde in March . Yet some fans of the straight-talking Bad Guy singer immediately called her a “sell out” for swapping her “don’t give a f***” baggy look for a more eye-popping “look at me” racy bondage ensemble. Their pop heroine is NOT SUPPOSED TO LOOK LIKE THAT, they bawled. This, they hyperventilated, was the girl who, just two years ago in an advert … [Read more...] about Does Billie Eilish’s new Vogue look make her a sell out or is she moving on from her teenage style rut?
Paul McCartney has penned a heartfelt tribute after he learned of the death of his pal Al Schmitt. The 78-year-old Beatles star took to social media to express his heartache following the death of 'one of the world's greatest engineers'. Alongside the touching message, Paul shared a black and white picture in which he appeared deep in conversation with the popular record producer. "So sad to hear of the passing of my friend Al Schmitt," Paul penned in his tribute. "Al was the lead engineer in charge of the 'Kisses on the Bottom' session and was a fantastic guy besides being one of the world’s great engineers. Al sadly passed away on April 26 at the age of 91. The well-known recording engineer, who won over 20 Grammy Awards for his contributions to the music industry, leaves behind a legacy of work alongside artists such as Bob Dylan and Elvis Presley. He also produced albums for Jefferson Airplane and Neil Young during his career. His final two Grammy wins came … [Read more...] about Paul McCartney’s heartache as he mourns the death of his friend with touching tribute
The European Commission filed suit against Germany in the European Court of Justice, the bloc's highest court, for long running violations of existing nature conservation laws. For years, the Commission in Brussels has been criticizing Germany for violating the EU's Flora-Fauna-Habitat Directive, as have domestic environmental organizations . "According to the latest information from the authorities, Germany has still not designated a significant number of areas as special protection areas," the Commission wrote in a statement released on Thursday. "Therefore, the Commission is taking Germany to the Court of Justice of the European Union." When conservationism and construction clash in Germany A speed breaker or a roadblock? A German court has temporarily halted the clearing of thousands of trees to make room for Elon Musk's electric car factory near Berlin. Environmental activists moved the court just days after the cutting of trees began, citing threat to … [Read more...] about EU takes Germany to court for breaching environment laws