Universal Music Buys Sting’s Entire Back Catalogue for Up to $300 Million

  • 2 years ago
Universal Music Buys , Sting's Entire Back Catalogue , for Up to $300 Million.
'The Guardian' reports that Sting
has sold his entire back catalogue
of songs to Universal Music Publishing. .
The deal is reportedly worth up to $300 million. .
According to 'The Guardian,' exact details
of the agreement were not released.
It felt natural to unite everything
in one trusted home. It is absolutely
essential to me that my career’s
body of work has a home where
it is valued and respected, Sting (Gordon Sumner), via 'The Guardian'.
It felt natural to unite everything
in one trusted home. It is absolutely
essential to me that my career’s
body of work has a home where
it is valued and respected, Sting (Gordon Sumner), via 'The Guardian'.
Not only to connect with longtime fans
in new ways but also to introduce my songs
to new audiences, musicians and generations, Sting (Gordon Sumner), via 'The Guardian'.
'The Guardian' reports that the deal brings together Sting's catalogue of songs that had been split up until now. .
Previously, Universal Music Publishing
reportedly owned the bulk of Sting's solo work, .
while rival Sony Music Publishing
had the rights to Sting's extensive
back catalogue with The Police. .
We are honored that by choosing Universal
for his music publishing, Sting’s entire body
of work as a songwriter and recording artist
– from The Police to his solo work – will all
be within the Universal family. It is
a responsibility we don’t take lightly, Sir Lucian Grainge, Chairman and chief executive
of Universal Music Publishing, via 'The Guardian'.
We are honored that by choosing Universal
for his music publishing, Sting’s entire body
of work as a songwriter and recording artist
– from The Police to his solo work – will all
be within the Universal family. It is
a responsibility we don’t take lightly, Sir Lucian Grainge, Chairman and chief executive
of Universal Music Publishing, via 'The Guardian'.
With the move, Sting joins a seemingly
ever-growing list of big-name musicians
to cash in on their back catalogues.
In 2020, Universal purchased Bob Dylan's back
catalogue of 600 songs for almost $400 million. .
In December of 2021, Sony Music
purchased Bruce Springsteen's
song catalogue for $500 million

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