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Kinski Profile
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Purple fan

Registered: 09-2003
Posts: 451
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Sold Coverdale


Following suit with other artists of late:

https://www.blabbermouth.net/news/david-coverdale-catalog-acquired-by-round-hill-music/

14/1/2022, 15:30 Link to this post Send Email to Kinski   Send PM to Kinski
 
jmorton Profile
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Purple fan

Registered: 03-2006
Posts: 588
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Re: Sold Coverdale


Rumored to be around $35 million. Holy smokes

https://1430wcmy.com/2022/01/14/cash-it-in-whitesnakes-david-coverdale-sells-music-publishing-rights/
14/1/2022, 23:09 Link to this post Send Email to jmorton   Send PM to jmorton
 
danielb Profile
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Purple fan

Registered: 10-2003
Posts: 3506
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Re: Sold Coverdale


Springsteen got $500 million emoticon

Still, I guess you can say DC is now officially retired.
15/1/2022, 4:15 Link to this post Send Email to danielb   Send PM to danielb
 
JSA1 Profile
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Registered: 07-2006
Posts: 1119
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Re: Sold Coverdale


quote:

danielb wrote:

Springsteen got $500 million emoticon

Still, I guess you can say DC is now officially retired.



It's Springsteen. $35 million is pretty good, considering the size of Coverdale's catalog compared to his. My question is, do all of the others who played and toured with Cov get a cut also? Or do they just still get royalties? What about the DP stuff that is included in the deal? I didn't see that addressed in the article. emoticon
15/1/2022, 15:45 Link to this post Send Email to JSA1   Send PM to JSA1
 
Kinski Profile
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Purple fan

Registered: 09-2003
Posts: 451
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Re: Sold Coverdale


quote:

JSA1 wrote:

What about the DP stuff that is included in the deal? I didn't see that addressed in the article. emoticon



They only get his royalties from Purple.
15/1/2022, 15:59 Link to this post Send Email to Kinski   Send PM to Kinski
 
JSA1 Profile
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Registered: 07-2006
Posts: 1119
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Re: Sold Coverdale


quote:

Kinski wrote:

quote:

JSA1 wrote:

What about the DP stuff that is included in the deal? I didn't see that addressed in the article. emoticon



They only get his royalties from Purple.



Strange. I can't see any benefit to Cov for this. emoticon
15/1/2022, 20:08 Link to this post Send Email to JSA1   Send PM to JSA1
 
danielb Profile
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Purple fan

Registered: 10-2003
Posts: 3506
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Re: Sold Coverdale


This deal includes:

recordings from Coverdale’s career as a solo artist and as the frontman of Whitesnake;
master royalty participation from recordings during his tenure in Deep Purple;
music publishing assets and long-term administration rights for his neighbouring rights income.

https://www.thehighwaystar.com/news/2022/01/14/dc-cashing-out/
16/1/2022, 4:27 Link to this post Send Email to danielb   Send PM to danielb
 
nyfan2 Profile
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Registered: 09-2018
Posts: 147
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Re: Sold Coverdale


Good for DC!! A way to build some generational wealth for his family. Don't royalties stop at 75 years until it becomes public domain? I would do the same thing if I was approaching 60 years since my first songs were published. Would not be surprised that other DP members follow suit in the coming years
23/1/2022, 14:14 Link to this post Send Email to nyfan2   Send PM to nyfan2 Blog
 


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