marking the latest artist to sell their music rights in exchange for a major payout.
The deal encompasses Frampton’s lifetime of musical work from his time with The Herd in the 1960s, to Humble Pie in the late 1960s and early Seventies, to his most successful commercial period as a solo artist from the 1970s onward with hits including “Show Me The Way,” “Baby, I Love Your Way,” and “Do You Feel Like We Do.” Frampton’s 1976 live albumIs one of the most successful live albums of all time, selling over 8 million units and earning a Grammy nomination for Album of the Year.
Frampton’s deal with BMG was nearly three years in the making, BMG’s US president of repertoire and marketing Thomas Scherer tells. The company and Frampton started speaking about a potential sale two and a half years ago before taking a break and starting the conversation again six months ago.
Source: Entertainment Trends (entertainmenttrends.net)
Good for him. It was stupid of Justin Timberlake to sell his at a such a young age but the others it makes total sense. Take the money, you can't take your catalog with you.
It doesn’t say how much. You read it all already.
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