Hipgnosis also acquired the ownership of 100% of the copyright – including the publisher’s right and the author’s right – over the royalties in the Old Ideas catalog, which consists of 67 songs plus other works written by Leonard Cohen from 2001 until his death in 2016, at age 82. Total catalog value It is estimated at hundreds of millions of dollars, probably a price that ranges from the $ 250 million David Bowie catalog to that of Bruce Springsteen, which sold for half a billion.
More in-
As is well known, selling a catalog of singers’ songs has become routine in recent years, and after several sales of singers in their lifetime, such as Bob Dylan, Bruce Springsteen, Paul Simon and others, the heirs of singers who no longer sold their catalog, and so did David’s successors Bowie, who last January sold his song catalog to Warner for more than $ 250 million. The Mythological Catalog includes 26 albums spanning six decades of creation.