Record producer Bob Rock has sold his rights to a 43-song catalog, including a heavy metal band. Of metallica Self-titled album and singer Michael Bellis I am called irresponsible With the explosion of online streaming to attract investors as well as to sell profitable record catalogs, the inner part of the latest music in the Hypnosis Song Fund.
The coveted 19 epidemic has prompted a growing list of music industry professionals to oversee their old work by selling expensive tracks and albums as the global health crisis cuts off direct concert revenue. have done.
London-based investment firm Hypnos on Thursday announced the deal, as well as a discounted placement offer in its ordinary shares, the fifth-lowest this month after deals with Shakira and Neil Young. ۔
Earlier, the founder of the song Hypnosis, Mercury Marvaredis, a former administrator of artists Elton John and Beyonc, said: Is.”
Rock set Metallica’s self-made 1991 record, commonly referred to as Black album, Including achievements nothing else And Forgiving The album’s songs have been aired more than seven billion times, Hypnos said.
The value of the music deals was unknown. – Reuters