Tina Turner reportedly gets $50M for song catalog
“What’s Love Got to Do With It” singer Tina Turner has sold her extensive song catalog to music company BMG.
It wasn’t disclosed how much the 81-year-old rocker scored from the deal, but it could be worth “north of $50 million,” by the estimate of one industry source, according to the BBC.
Turner’s hits over the years include tunes like “We Don’t Need Another Hero,” “Better Be Good to Me” and “The Best.” Turner said in a statement that her music was in “good hands” following the handoff.
Turner, born Anna Mae Bullock, will enter the Rock & Roll Hall of Fame on Oct. 30 as a solo artist. She was inducted in 1991 for her work as part of the duo of Ike & Tina Turner, where she recorded hits including “Proud Mary.”
BMG boss Hartwig Masuch called Turner “truly and simply the best” and said the plan is to reintroduce her work on social media and streaming platforms that reach a new audience. Turner has been inactive musically for more than a decade.
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Eastman School of Music Professor John Covach told the Daily News in January that there are several reasons iconic artists might part ways with their publishing rights, particularly once they have likely done their best work.
“It’s different when you have more history behind you than future in front of you,” he said.
Turner gave no indication she was on the verge of signing a big deal when she tweeted last week to congratulate Adrienne Warren on winning a Tony Award for playing her on Broadway’s “Tina: The Tina Turner Musical.” Fans will also hear Warren’s voice if they pick up the audio version of Turner’s 2020 memoir “Happiness Becomes You.”