Mick Fleetwood Sells Interests In Fleetwood Mac Catalog To BMG
Fleetwood Mac co-founder Mick Fleetwood has sold his interests in the bulk of the band’s recordings to BMG, as per the rights management organization’s website. The acquisition gives BMG Fleetwood’s rights to some of Fleetwood Mac’s biggest hits including “Dreams,” “The Chain,” “Go Your Own Way,” “Landslide” and more.
BMG also stated that they will own Fleetwood’s rights to every Fleetwood Mac song save for the material on the band’s first two albums. The acquisition also means that BMG will participate in the proceeds from the recent success of “Dreams” on TikTok, which went viral after featuring in a video posted to the platform generating over 3.2 billion streams globally during an eight week period last fall which led to the song cracking the Top 10 of Billboard’s Streaming Songs chart and also generating 82 million album sales in the U.S. alone in 2020, 43 years after its release.
Additionally, the deal includes the theatrical, record and mediabook release of the concert film Mick Fleetwood & Friends, a tribute to Fleetwood Mac founding guitarist Peter Green and the early work of the band. Mick Fleetwood & Friends sees performances by Steven Tyler, Christine McVie, Neil Finn, Noel Gallagher and Pete Townshend.
“Mick Fleetwood is the bedrock of one of the greatest bands in rock, he has a unique talent to bring together musicians of all genres and of course he is one of rock’s greatest drummers,” BMG CEO Hartwig Masuch said in a statement. “BMG is proud to represent his greatest work and excited about the forthcoming launch of Mick Fleetwood & Friends.”
Fleetwood himself also spoke about the deal. Read his words below:
This is a wonderfully inspiring marriage between two creative partners that understand all aspects of the business. Foremost, BMG understands the artistry and puts the artist first. If this partnership is any indication of my past, and now future, working relationship with BMG, it’s that they truly ‘get it.’
Fleetwood is the latest artist to make details pertaining to song rights with Bob Dylan selling his entire catalog to Universal in December and Neil Young giving up 50 percent of his publishing rights to Hipgnosis Songs.