3 months ago
BMG has acquired a “substantial stake” successful nan activity of legendary songwriter and two-time Rock & Roll Hall of Fame inductee Paul Simon, nan institution announced Thursday. The acquisition includes his royalty income successful Simon & Garfunkel recordings arsenic good arsenic his neighboring authorities income; Simon sold his publishing catalog to Sony Music Publishing successful 2021.
According nan the announcement, nan woody includes specified songs arsenic ‘The Sound Of Silence’, ‘The Boxer’, ‘Mrs Robinson’ and ‘Bridge Over Troubled Water.”
Paul Simon was represented successful nan transaction by Gene Salomon and Don Passman astatine Gang, Tyre, Ramer, Brown & Passman.
Thomas Scherer, BMG’s President, Repertoire & Marketing, Los Angeles and New York, said, “In immoderate database of nan existent greats, Paul Simon stands arsenic 1 of nan pillars of celebrated euphony history. We will play our portion to guarantee his euphony continues to beryllium honored and respected.”
BMG CEO-designate Thomas Coesfeld said, “We are delighted to person secured nan statement of Paul Simon for BMG to acquire his royalty interests successful Simon & Garfunkel recordings and his neighboring authorities income. This is simply a important transaction. Our expertise to unafraid this woody demonstrates erstwhile again that BMG provides nan champion location for nan top artists.”
In nan caller years BMG has concluded acquisitions for authorities and/or royalties successful nan activity of artists and/or songwriters including Tina Turner, John Legend, Mötley Crüe, ZZ Top, Mick Fleetwood, Peter Frampton, Harry Nilsson, John Lee Hooker, Simple Minds, Primal Scream, Jean-Michel Jarre, and astir precocious The Hollies, among others.
BMG already represents aliases owns authorities successful nan activity of artists including Mick Jagger and Keith Richards, Tina Turner, George Harrison, John Lennon, Ringo Starr, Harry Nilsson, Buddy Holly, Jim Croce, Roger Waters, Kurt Cobain, Blondie, David Bowie, Scorpions, The Kinks, Black Sabbath, Iron Maiden, and more.
