French electronic music pioneer, Jean-Michel Jarre, has sold his entire publishing catalogue to German media company, BMG. The financial details of the deal were not disclosed. Source

Jarre, a legend in the electronic music scene, is known for his large-scale live performances and innovative use of technology. His discography spans over four decades, with iconic albums like "Oxygène" and "Equinoxe." Source

The sale of music publishing rights has become a popular trend in the music industry. These rights include the ownership of the copyrights to the lyrics and melodies of songs. Source

Music rights societies, such as ASCAP and BMI, collect royalties on behalf of songwriters and publishers. They distribute these royalties based on the use of the music, including broadcast, public performance, and digital streaming. Source

Who owns the right to music and how these rights are transferred and managed can be complex. Jarre's deal with BMG is a significant investment in the value of his music catalog. Source