Just to now bring the story to a close.
Bowie bonds were issued in the 90s. The machine rights – the recordings themselves – plus the song rights were up for sale. So, Bowie borrowed $70 million by issuing bonds backed by the royalty streams to make sure he bought them.
The publishing rights to David Bowie’s huge and peerless catalogue of songs have been sold by his estate to Warner Chappell Music (WCM), the publishing arm of Warner Music Group, in a deal worth at least $250m (£185m) according to anonymous sources speaking to Variety.
Note that’s just the song, or publishing, rights there. Pretty good deal, hunh?
Wonder if it includes one of the songs known to have been composed on a ukelele?