Deal is for an undisclosed amount
Fleetwood Mac’s Christine McVie has sold her 115 song catalog to Hipgnosis, the London-based company that invests in evergreen music catalogs. According to The Guardian, the sum is for an undisclosed amount but gives the company the rights to 48 of the band’s 68 songs on their most successful albums.
“Don’t Stop,” “You Make Loving Fun,” “Over My Head,” “Songbird,” and “Say You Love Me” are among the songs included in the sale.
“In the last 46 years the band have had three distinct writers and vocalists but Christine’s importance is amply demonstrated by the fact that eight of the 16 songs on the band’s Greatest Hits albums are from Christine,” shares Hipgnosis founder Merck Mercuriadis.
McVie is the fourth of five Fleetwood Mac band members to have sold their rights to an outside organization. In January, the company acquired the 161 song catalog of Lindsey Buckingham. Also in January, BMG purchased Mick Fleetwood’s catalog that contains more than 300 recordings, and last year, Stevie Nicks struck a deal with Primary Wave for her catalog worth $100 million.
Bob Dylan, Neil Young, David Crosby and The Beach Boys are among the classic artists who’ve sold portions or all of their catalog over the past year.
