July 22, 2024

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Phil Collins and Genesis sell music rights for 300 million |  Music

Phil Collins and Genesis sell music rights for 300 million | Music

The deal includes songs Collins recorded for his solo career and music he created for Genesis with keyboardist Tony Banks and guitarist Mike Rutherford. In addition, it also concerns Rutherford and Banks’ singles. The recordings of Peter Gabriel, who left Genesis in 1975, are not part of the deal.

Phil Collins became the lead singer of the British band after the departure of Peter Gabriel. Genesis recorded hits like I Can’t Dance, Land of Confusion and Jesus He Knows Me. Collins also had solo success with songs such as In the Air Tonight and Another Day in Paradise.

Bob Valentine, president of Concord Music, told The Wall Street Journal that he plans to introduce Collins and Genesis music to a new generation. “In the world we live in today with Facebook, Instagram, TikTok and all of these things that drive the consumption of old music, there are definitely ways for us as a record company to bring some of that music back to life,” he said. he is.

With this move, Collins and Genesis are following in the footsteps of many other great musicians such as Bob Dylan, Sting and Bruce Springsteen. They have also sold their music rights in recent years for hundreds of millions of dollars.

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