Who owns Fleetwood Mac royalties?
It’s important to understand that owning music royalties is different from owning the actual copyrights to the songs. The copyrights are still owned by the individual songwriters, which in the case of Fleetwood Mac, includes members like Lindsey Buckingham, Stevie Nicks, and of course, Christine McVie herself. Royalties, on the other hand, represent the financial compensation received when someone performs, records, or broadcasts a song.
So, while HarbourView now owns a portion of the money earned from Fleetwood Mac’s music, they don’t have any say in how the songs are used or who gets to perform them. This transaction is more about financial investment than creative control.
The purchase of Christine McVie’s royalties is a significant event in the world of music finance. It highlights the growing trend of investors seeking to acquire music rights, recognizing the long-term value of these assets. As music consumption continues to shift towards streaming services, owning royalties can become a stable and lucrative investment. This is especially true for iconic bands like Fleetwood Mac, whose music remains popular and in high demand.
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