The case is for an undisclosed amount
Christine McVie of Fleetwood Mac has sold her catalog of 115 songs to Hipgnosis, the London-based company that invests in evergreen music catalogs. According to The Guardian, the sum is an undisclosed amount but gives the company the rights to 48 of the group’s 68 songs on their most successful albums.
“Don’t Stop”, “You Make Loving Fun”, “Over My Head”, “Songbird” and “Say You Love Me” are some of the songs included in the sale.
âOver the past 46 years, the band has had three separate songwriters and singers, but Christine’s importance is amply demonstrated by the fact that eight of the 16 songs on the band’s Greatest Hits albums are by Christine,â says the founder of ‘Hipgnosis, Merck Mercuriadis.
McVie is the fourth of five members of the Fleetwood Mac group to have sold their rights to an outside organization. In January, the company acquired the catalog of 161 songs from Lindsey Buckingham. Also in January, BMG bought Mick Fleetwood’s catalog which contains over 300 recordings, and last year Stevie Nicks struck a deal with Primary Wave for his catalog worth $ 100 million.
Bob Dylan, Neil Young, David Crosby and The Beach Boys are among the classic artists who have sold some or all of their catalog in the past year.