Christine McVie has become the latest musician to sell their song catalog to a music/song management company.
Per Variety, McVie sold her 115-title song catalog to Hipgnosis for an undisclosed sum. McVie said in a statement about the deal, “I am so excited to belong to the Hipgnosis family, and thrilled that you all regard my songs worthy of merit. I’d like to thank you all for your faith in me, and I’ll do all I can to continue this new relationship and help in any way I can! Thank you so much!”
Variety notes, “McVie is the fourth of the band’s five members to make such a deal in the past nine months, and the second to go with Hipgnosis, after fellow Mac singer-songwriter Lindsey Buckingham completed the sale of 100% of his publishing rights to the company in January. Stevie Nicks, the group’s other major singer and songwriter, struck a far-reaching $100 million deal with Primary Wave late last year, and drummer-cofounder Mick Fleetwood made one with BMG comprising a variety of rights in January.”
Other artists who have struck deals with Hipgnosis include the Red Hot Chili Peppers, Motley Crue’s Nikki Sixx, Barry Manilow and more.