The sale was halted by Fleetwood’s manager Karl Stubner Shelter Music Group.
“It is a wonderfully inspiring marriage between two creative partners who understand all aspects of the business,” Fleetwood said in a statement. If this partnership is any indication of my past and future now, in relation to working with BMG, is that they really ‘get it’.
Today’s deal with BMG is Bolt Fleetwood’s current relationship with the rights to theatrical, record and arbitration releases of the 2020 All-Star Concert Event. Mick Fleetwood and friends, Which celebrated Fleetwood Mac as guitarist Peter Green and the band’s early years.
“Mig Fleetwood is the basis of one of the biggest bands in rock, he has a unique talent of bringing musicians of all genres together and is certainly one of rock’s biggest drummers,” BMG CEO said Hartwig masoch in a statement. “BMG is proud to represent its biggest work and is excited about the upcoming launch Mick Fleetwood and friends. “
According to BMG’s Executive VP Group Strategy and M&A, “This acquisition exposes the value of timeless recordings in a streaming market that is increasingly established rather than new artists.” Justus haider. “While recent acquisition activity in the music market has focused on music publishing, it is a pure recorded investment that will get the full benefit of streaming development. Catalogs like Fleetwood Mac, which connect with every generation, are disproportionately benefiting from that growth. “
The sale of Fleetwood’s recorded music rights is the third time in less than two months that a member of Fleetwood Mac has sold all or parts of its catalog to music companies hungry for acquisition. In December, Stevie Nick formed an extensive partnership with Primary Wave, which included a joint venture deal and the sale of a majority stake in its publication copyright. Earlier this month, Lindsey Buckingham sold 100% of the author and publisher of her 161-song catalog to Hypnosis.