The sale was mediated by Fleetwood’s manager Carl Stubner of the Shelter Music Group.
“It’s a wonderfully inspiring marriage between two creative partners who understand all aspects of the business,” Fleetwood said in a statement. “Above all, BMG understands artistry and puts the artist first. If this partnership is an indication of my past, now my future. , working relationship with BMG, they really “understand” it. “
Today’s deal supports Fleetwood’s existing relationship with BMG, which has the rights to the theatrical edition, the edition and the edition of the media books of the concert event for 2020. Mick Fleetwood and friendswhich noted Fleetwood Mac guitarist Peter Green and the band̵
“Mick Fleetwood is the basis of one of the greatest rock bands, he has a unique talent to bring together musicians of all genres and, of course, he is one of the greatest drummers of rock,” said the CEO of BMG. Hartwig Masuh in a statement. “BMG is proud to present its biggest work and excited about the upcoming launch of Mick Fleetwood and friends. “
“This acquisition underscores the value of perpetual recordings in a streaming market that is increasingly benefiting from established rather than newer performers,” added BMP’s vp group and M&A implementation strategy. Justus Haerder. “Although the recent acquisition of the music market focuses on music publishing, it is a purely recorded investment that will reap the full benefits of streaming growth. Catalogs like Fleetwood Mac, which are associated with each generation, benefit disproportionately from this growth. “
The sale of Fleetwood’s recorded music rights marks the third time in less than two months that a Fleetwood Mac member has sold all or part of their catalogs to music companies eager to acquire. In December, Stevie Knicks reached a broad partnership with Primary Wave, which included a joint venture deal and the sale of a majority stake in its publishing copyright. Earlier this month, Lindsay Buckingham sold 100% of her writer and publisher’s share of her 161 Hipgnosis catalog.