John Legend is the newest (and youngest) music celebrity to promote complete music catalog, royalties

Karu F. Daniels

John Legend is in superb firm together with his cash strikes.

The singer, songwriter and producer is the newest star to promote his music catalog.

Like a few of pop music’s best similar to Bob Dylan, Bruce Springsteen, Neil Younger, Tina Turner and Stevie Nicks, Legend has cashed in by promoting the rights to his catalogs of songs and recording royalties.

In response to a public submitting again in September, cited by Bloomberg, the 12-time Grammy Award-winning crooner bought each the copyrights to and royalties from music he wrote from late 2004 by way of early final 12 months.

The deal contains his chart-topping pop hit “All of Me.”

BMG Rights Administration, the worldwide music firm which has labored with the artist since buying his music writer, Cherry Lane Music Publishing Co., in 2010, purchased the rights, in partnership with the personal fairness agency KKR & Co.

Monetary phrases weren’t disclosed.

Legend is significantly a lot youthful than a lot of the residing veteran rock stars who’ve made lots of of thousands and thousands recently by promoting rights to their music and likeness.

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