In the past months both Ann & Nancy have struck separate deals with companies regarding the sale of their share in the catalogue.
MusicBusinessWorldwide reports Ann’s sale to Hipgnosis, a London-based music management company: “the writer’s share and publisher’s share (plus masters royalty income) of Ann Wilson’s stake in the Heart catalog,”. Hipgnosis: Ann Wilson is one of the greatest heavy metal vocalists of all time. A pioneering female, with her band Heart, in the heavy rock world. Powerful ballads, with anthemic hooks on songs including Alone, Barracuda, Crazy On You, Magic Man and so many more. Heart sold over 35 million albums and earned four Grammy nominations and were inducted into the Rock and Roll Hall of Fame in 2013. Ann Wilson, welcome to the Hipgnosis Song Fund.
The deal was made on July 29th and is about a 50 percent share in 152 songs.
Bravewords reports that NANCY WILSON INKS A CATALOGUE RIGHTS DEAL WITH ROUND HILL MUSIC: Round Hill Music has acquired a significant share of the master artist royalties and entered into a long-term agreement to administer the neighbouring rights income of the catalogue of Nancy Wilson, acclaimed singer, songwriter and guitarist of Rock And Roll Hall Of Fame-inducted band, Heart. […] Key acquisition highlights include a significant share of the rights to Heart, who have sold over 35 million records worldwide and have a total of four Grammy nominations to date. […] The top five songs ranked by revenue are: “Barracuda”, “Alone”, “Crazy On You”, “Magic Man”, and “These Dreams”. All figures are based on the catalogue’s royalty statements in the calendar years 2017-2020. […] Nancy Wilson commented: “I’m honored to be working with the good people at Round Hill and am looking forward to an ongoing working relationship.” Round Hill chairman Trevor Bowen added: “We are very pleased to announce the acquisition of Nancy Wilson’s fantastic catalog of classic Heart tracks from across her career, including songs from her double and triple-platinum-selling albums. This important acquisition provides the company with direct exposure to a timeless American rock band.”
First off, thanks for keeping us updated on all developments in the Heart Universe!
But what does this now mean? Will these two companies have to come to agreement about any future reissues of the Heart albums? It seems that neither can do something on their own without asking the other half?
I had the same question. Asked it on FB. Seems reissues are the job of labels. Labels that’ll have to pay these two companies now instead of A&N. These companies want to generate as much interest as possible to get a high return. In my view this might even enhance the chances of us getting reissues of Capitol albums :)