In a major music rights deal, The Killers' entire catalog of records released before 2020 has been acquired by Eldridge Industries. The financial details of the transaction have not been disclosed.
The Killers, an American rock band from Las Vegas, Nevada, formed in 2001, consists of Brandon Flowers (lead vocals, keyboards), Dave Keuning (guitar, backing vocals), Mark Stoermer (bass, backing vocals), and Ronnie Vannucci Jr. (drums, percussion).
The band has released a total of seven studio albums: "Hot Fuss" (2004), "Sam's Town" (2006), "Day & Age" (2008), "Battle Born" (2012), "Wonderful Wonderful" (2017), and their latest album "Imploding the Mirage" (2020).
Eldridge Industries, a private investment firm, has been actively acquiring music catalogs in recent years. In 2019, they acquired Neil Young's entire music catalog.
Music rights can include various types of intellectual property, such as publishing rights, recording rights, and merchandising rights. Music rights societies, like ASCAP, BMI, and SESAC, help manage and collect royalties for songwriters and publishers.
Who owns the right to music and how it is transferred can be complex. In general, songwriters and publishers own the publishing rights to a song, while record labels and artists own the recording rights. However, there are many exceptions and nuances to this rule.
For more information on music rights and the music industry, check out these resources: