Nancy Wilson has sold her Heart catalog rights becoming the latest musician to strike a deal on this money-making trend.
Wilson’s catalog deal is with Round Hill Music, which did not disclose the cost of the acquisition.
In a press release, Round Hill Music noted, “The catalog has significant exposure to streaming, comprising 35% of revenue mix, with the balance being comprised of 2% physical, 7% download, 13% sync and 4% other. Neighboring rights income comprises 39% of the catalog’s revenue. In terms of geographical exposure, 61% of the revenue is from the U.S., while the balance is from other countries.”
Less than a week into 2022, news of Wilson’s catalog sale is but the second known deal, so far. The estate of David Bowie made headlines earlier this week with the sale of his publishing catalog Warner Chappell Music for a reported $250 million.