
In a recent undisclosed deal, Bertelsmann Music Group (BMG) added another iconic name to its roster by acquiring the music interests of blues legend John Lee Hooker. Hooker, who passed away in 2001, left behind a rich musical legacy that spanned over six decades.
The acquisition includes Hooker's master recordings, publishing, and neighboring rights. BMG will now represent these rights worldwide, expanding its catalog in the blues genre.
Music Business Worldwide reported the news, citing sources close to the matter. No further details about the deal have been disclosed.
John Lee Hooker's music rights join those of other legendary artists under BMG's management, such as Sam Cooke, Elton John, and Aretha Franklin.
The acquisition highlights the growing trend of music rights trading and consolidation. As the music industry evolves, understanding what are music rights and how do music rights work becomes increasingly important for artists, labels, and investors.
Music Rights Societies like ASCAP, BMI, and SESAC play a crucial role in managing and licensing these rights. They collect and distribute royalties to the rightsholders, ensuring fair compensation for the use of their music.
For more information about music rights and related news, visit Music Business Worldwide.