David Bowie's music catalogue has reportedly been sold by his estate to Warner Chappell Music for more than $250 million.
Variety reports sources have confirmed that Warner Chappell Music have acquired the late musician's publishing catalogue for more than $250 million after months of negotiation.
The sale of Bowie's catalogue, made by his estate, spans six decades, and includes songs from more than 26 of Bowie's albums, including hits such as "Changes", "Space Oddity", "Fame", "Let’s Dance", "Rebel Rebel", "Golden Years", "Ziggy Stardust".
His posthumous album TOY, which is released this Friday (7 January) as a special edition, was also included in the deal.
Warner Chappell Music co-chair and CEO Guy Moot said, "All of us at Warner Chappell are immensely proud that the David Bowie estate has chosen us to be the caretakers of one of the most groundbreaking, influential, and enduring catalogs in music history. These are not only extraordinary songs, but milestones that have changed the course of modern music forever. Bowie’s vision and creative genius drove him to push the envelope, lyrically and musically – writing songs that challenged convention, changed the conversation, and have become part of the canon of global culture. His work spanned massive pop hits and experimental adventures that have inspired millions of fans and countless innovators, not only in music, but across all the arts, fashion, and media. We are looking forward to tending his unparalleled body of songs with passion and care as we strive to build on the legacy of this most extraordinary human being."
Allen Grubman, on behalf of the David Bowie Estate and RZO added, "We are truly gratified that David Bowie’s body of music will now be in the capable hands of Warner Chappell Music Publishing. We are sure they will cherish it and take care of it with the greatest level of dignity."
Back in October 2021 his estate announced Bowie 75, a year-long celebration of the late-icon's birthday, which started with two pop-up shops in London and New York that will be open until later this month.
The Bowie 75 pop-up locations offer visitors an "immersive career-spanning deep dive into the sound and vision of David Bowie", including hours of footage and unseen material, special guest events, fine art photography, limited edition merchandise and music, and the opportunity to "place themselves in iconic costumes and set pieces".