Tina Turner Sells Rights To Six Decades of Her Music For $50 Million!
YourBlackWorld.net, By Victor Omondi, Posted October 13th 2021
Tina Turner’s music legacy has been secured after she sold 60 years’ worth of rights to her music for a rumored $50 million.
According to the BBC, the Grammy Award-winning singer recently sold her music collection to BMG Music Publishing. BMG has gained the rights to Turner’s name, image, and likeness for future sponsorship and merchandising deals as part of the deal.
“Simply The Best,” “What’s Love Got to Do With It,” and “Nutbush City Limits” are among the hit songs included in the collection. Because the actual figure was not released, industry experts speculated on how much the corporation may have paid for the acquisition.
Meanwhile, the 81-year-old claims that her music is in “reliable hands.”
“Like any artist the protection of my life’s work, my musical inheritance, is something personal,” she told the Guardian. “I am confident that with bmg and warner music my work is in professional and reliable hands.”
BMG executives have expressed their delight at the prospect of acquiring Turner’s music and continuing her legacy for many years.
“Tina Turner’s musical journey has inspired literally hundreds of millions of people around the world and continues to reach new audiences,” stated Hartwig Masuch, CEO of BMG. “We are honored to take on the job of managing Tina Turner’s musical and commercial interests.”
Her deal appears to follow in the footsteps of other music icons such as Bob Dylan, who sold his song collection to Universal Music for $300 million, and Neil Young, who signed a deal with Hipgnosis.
With a discography that dates back to the early 1960s, Turner is one of the most well-known names in music. She began her career in a band with her ex-husband, Ike Turner. She didn’t go solo until after their divorce in the 1970s, and her solo rock career took off in the 1980s.
What’s Love Got to Do With It, her autobiography turned cult great film, chronicled her emergence from an abusive marriage.
Robbie Montgomery, a former Ikette and owner of Sweetie Pie’s, recently spoke openly about Turner, saying, “She’s not well.”