Swedish firm acquires most of late singer's catalogue including voice likenesses
On March 19th, entertainment firm Pophouse Entertainment Group finalized a strategic transaction to acquire the late singer's comprehensive intellectual property portfolio from her former manager and rights holder Music & Media (BMG). The deal encompasses Tina Turner’s name image likeness as well as majority share of music catalog interests.
Key Points
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1Pophouse Entertainment Group (co-founded by ABBA's Björn Ulvaeus) is set to acquire Tina Turner's name, image, and likeness rights.
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2The Swedish company has also secured a majority stake in the ownership of her music catalog from BMG via an announced strategic transaction on Thursday morning. This deal marks one of Pophouse Entertainment Group largest acquisitions yet.
Developments
Pophouse Entertainment has purchased Tina Turner's name and likeness along with most of her musical catalog from BMG for undisclosed terms following her death last year. While Pophouse retains an undetermined share, its CEO stated that the estate is participating in discussions to consolidate Turner's legacy without being a counterparty on this specific transaction.
Swedish entertainment company Pophouse Entertainment has acquired Tina Turner's name, image likeness rights from her estate as well as the majority share of her music catalog. The deal was finalized after conversations began following her death in 2023 and involves BMG retaining a percentage stake while confirming that plans for potential projects will be announced within six months.
Pophouse Entertainment has acquired Tina Turner's name rights from music company BMG with plans announced within six months of her death last year at age 83; while financial details remain undisclosed, CEO Jessica Koravos stated the goal was to consolidate and portray Turner's visual legacy.
Entertainment company Pophouse has acquired majority ownership rights to Tina Turner's music catalogue and her Name, Image, Likeness (NIL) from BMG executives on Thursday terms that remain undisclosed. The firm plans to develop new projects celebrating the late Queen of Rock 'n' Roll's legacy while working closely with TM estate executors who have not yet commented publicly.