![]() Legend has worked with BMG since it acquired its music publisher, Cherry Lane Music Publishing Co., in 2010. “Legend is still at the top of his game, and he has even more platforms to exploit his music, which is good for him, KKR, and BMG.” “It’s a great time to be a seller because the valuations are so high,” said Eli Ball, founder of Lyric Financial, a provider of financial services to the music community that’s owned by Utopia Music. He began his musical career by working behind the scenes, playing piano on Lauryn Hill 's 'Everything Is Everything', and making uncredited guest appearances on Jay-Z 's 'Encore. And while, like Tina Turner, he's not known traditionally as a country music singer, Charles stepped. ![]() Unlike the other artists like Tina Turner who have sold their music catalogs and are retired, Legend at 43, is much younger and will continue to create new music in the future. John Roger Stephens (born December 28, 1978), known professionally as John Legend, is an American singer, songwriter, pianist, actor, and record producer. Ray Charles is the rare artist whose music completely eclipses genre boundaries. Charley’s voice impressed many country singers and as per their advice, he came to Montana. Starting his life as a baseball player and later joining the military was just stepping stones for what was yet to come. The financial terms of the deal weren’t disclosed. Charley Pride Charley Pride is a person with many sheds. is based in New York).Īccording to the regulatory filing, Legend sold both “the copyrights as well as the rights to receive royalties from music he wrote from late 2004 through early last year.” DL Music IP LP, an affiliate of San Francisco-based KKR Credit Advisors (US) LLC, and BMG Rights Management (US) LLC each have purchased a 50% stake in the catalog. 1, 2021, as well as the copyrights to the works, according to a Uniform Commercial Code financial statement filed in November in New York state (John Legend Music Inc. ![]() Clive Davis signed her immediately in 1983 and took charge of her. Whitney Houston sang backups for artists such as Lou Rawls and Chaka Khan before she was discovered in a nightclub by Clive Davis at 19 years old. The agreement with Legend covers “all present and future accounts and payment intangibles” for the right to collect royalties and other income from music he composed or wrote from Dec. Whitney Houston’s mother Cissy Houston and cousin Dionne Warwick were legendary figures in American gospel, soul and pop music. The terms of the deal were agreed upon in September but was not announced until recently. Share on Twitter Share on Facebook Share on Pinterest Share on LinkedIn Share on EmailĮGOT winner John Legend became the latest music star to cash in on the growing market for music rights, selling a catalog dating back to his first album to KKR & Co.
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