BMG has acquired the rights to Tina Turner’s catalog.
The music legend has signed over her artist’s share of recordings, her writer’s share of publishing and neighbouring rights – as well as her name, image and likeness – to the company.
It’s been described as the single largest artist acquisition of all time.
“We are honoured to take on the job of managing Tina Turner’s musical and commercial interests,” said BMG CEO Hartwig Masuch.
“It is a responsibility we take seriously and will pursue diligently. She is truly and simply, the best.”
The agreement means that BMG will be a “partner in all of Tina Turner’s music interests” and can use her likeness for brand partnership, merchandising and sponsorship.
However, Warner Music will remain Tina’s record company and will maintain their share of her records.
“Like any artist, the protection of my life’s work, my musical inheritance, is something personal,” added Tina in a statement.
“I am confident that with BMG and Warner Music my work is in professional, reliable hands.”