Pophouse Entertainment, the Sweden-based company co-founded by ABBA’s Björn Ulvaeus, has completed a transaction that sees Pophouse becoming an owner alongside BMG in “the music interests of the music catalogue” of the late, legendary R&B singer-songwriter Tina Turner. According to the unusually worded announcement, the transaction sees Pophouse becoming the majority owner in the music interests of Turner, who died in 2023 at the age of 83.
Terms of the deal were not disclosed. In 2021, Turner sold her shares of her solo recordings, publishing assets, and name and likeness rights to BMG for a reported $50 million.
Turner’s career spanned six decades and several record labels, although her biggest-selling titles, such as “What’s Love Got to Do With It” and “The Best,” were originally released by Capitol-EMI and are currently under Universal Music’s Parlophone imprint.
Turner was inducted twice into the Rock & Roll Hall of Fame (as a solo artist, and as half of the Ike & Tina Turner duo with her former husband) and won 12 Grammy Awards, including a Lifetime Achievement Award, and is one of the top-selling female artists of all time.
According to the announcement, Pophouse, alongside BMG and the Tina Turner Estate, “will focus on long-term stewardship and contribute creative ideas that respect and laud Tina Turner’s artistry, to continue to elevate her work and legacy among existing fans as well as new ones.”
Other catalogs acquired by Pophouse include Kiss, Cyndi Lauper, Avicii and Swedish House Mafia.
Pophouse CEO Jessica Koravos said “I am thrilled to welcome Tina Turner’s iconic catalogue to the Pophouse family. We will now set in motion a series of creative projects to celebrate Tina Turner’s remarkable music and persona and secure her legacy as the Queen of Rock n’ Roll.”
Alistair Norbury, BMG’s president, UK, Continental Europe & APAC, said: “Tina Turner’s voice and spirit shaped modern music and popular culture. Our responsibility, alongside Pophouse and the Estate, is to ensure her work continues to resonate with audiences around the world, while remaining true to the strength, independence and originality that defined her career.”
Leave a Reply