Tina Turner sells her portfolio of music rights to BMG music company
The international music company BMG has acquired an extensive portfolio of rights related to the music and image of Tina Turner for an undisclosed consideration and will partner with her to maintain and develop her musical treasure-trove and safeguard her legacy. The transaction includes Tina Turner’s artist’s share of her recordings, her music publishing writer’s share, neighbouring rights and name, image and likeness.
A 12-time Grammy winner, Tina Turner has published ten solo studio albums, two live albums, two soundtracks and five compilations, which together have sold over 100 million copies. Tina Turner said, “Like any artist, the protection of my life’s work, my musical inheritance, is something personal. I am confident that with BMG and Warner Music my work is in professional and reliable hands.”
The advisors
Bär & Karrer advised Tina Turner and her husband Erwin Bach in this transaction. The team included partner Daniel Bader (pictured top right) and associate Martin Leu (both tax), partner Michael Trippel (m&a), partner Markus Wang (ip), junior associate Ignaz Müller and associate Michael Rohrer (both notarial services).
Lenz & Staehelin advised BMG in this transaction. The team included partner Tino Gaberthüel (pictured top left), associate Simone Ehrsam and trainee lawyer Till Hächler (all m&a) and partner Jürg Simon (ip).
