Related News
Church of England got its ‘SexyBack,’ co-owns Beyonce, Timberlake songs
Reading now: 236
nypost.comaccording to the BBC, has been buying up rights to mega songs for the past three years.The company spent over $1 billion gobbling up rights to music that also includes LA Reid’s song catalog (which has shares in Boyz II Men’s “End Of The Road”, Whitney Houston’s “I’m Your Baby Tonight” and Bobby Brown’s “Don’t Be Cruel”), as well as music by Blondie, Barry Manilow and Mark Ronson.Hipgnosis founder Merck Mercuriadis claims the music he’s bought is “more valuable than gold or oil” as “ their revenue isn’t affected by fluctuations in the economy” he tells the BBC.“These great, proven songs are very predictable and reliable in their income streams. … If you take a song like the Eurythmics’ ‘Sweet Dreams’ or Bon Jovi’s ‘Livin’ On A Prayer,’.
Read more on nypost.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
