The legendary singer also sold the artist’s share of her recordings, her music publishing author’s share, related rights and name, image and likeness as part of the deal, according to BMG, which did not disclose financial terms.
“Tina Turner’s musical journey has inspired hundreds of millions of people around the world and continues to reach new audiences. We are honored to take on the stewardship of Tina Turner’s musical and business interests,” said the BMG CEO Hartwig Masuch in a statement. “It’s a responsibility we take seriously and will pursue diligently.”
Turner, now 81, was the first black artist and the first female artist to appear on the cover of Rolling Stone, BMG said. His solo works include 10 studio albums, two live albums, two soundtracks and five compilations, which have sold over 100 million records in total.
“Like any artist, protecting my life’s work, my musical legacy, is something personal,” Turner said in a statement. “I am confident that with BMG and Warner Music, my work is in professional and reliable hands,” she added.
Warner Music continues to be Turner’s record label, BMG said.
Music publishing has become increasingly lucrative in recent years, especially in light of the coronavirus pandemic, which has halted and disrupted live performances around the world.