List Of Largest Music Deals
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List Of Largest Music Deals
The following is a list of the largest music deals in history signed by artists, including recording contracts and multi-rights agreements with over $50 million, as well catalog acquisitions with a reported sum of over $150 million. Some figures might not be entirely accurate, as some multi-million-dollar contracts were reportedly misrepresented or exaggerated, and many were just media estimations. Therefore, no rankings are given. An early recorded five-figure deal in music history was reported by '' The Music Trades'' magazine in the late 1910s, made by American composer John Stepan Zamecnik. The 1960s saw contracts with six-figures such as an advance deal for $143,000 to Led Zeppelin (Atlantic Records) in 1968, then the biggest deal of its kind for a new band. The 1970s saw a rise in millionaire recording contracts, starting with a deal made by The Rolling Stones in 1971, which represented "a new benchmark in industry contracts", according to ''Billboard'', and became the ...
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Capitol Records
Capitol Records, LLC (known legally as Capitol Records, Inc. until 2007) is an American record label distributed by Universal Music Group through its Capitol Music Group imprint. It was founded as the first West Coast-based record label of note in the United States in 1942 by Johnny Mercer, Buddy DeSylva, and Glenn E. Wallichs. Capitol was acquired by British music conglomerate EMI as its North American subsidiary in 1955. EMI was acquired by Universal Music Group in 2012, and was merged with the company a year later, making Capitol and the Capitol Music Group both distributed by UMG. The label's circular headquarters building is a recognized landmark of Hollywood, California. Both the label itself and its famous building are sometimes referred to as "The House That Nat Built." This refers to one of Capitol's most famous artists, Nat King Cole. Capitol is also well known as the U.S. record label of the Beatles, especially during the years of Beatlemania in America from 1964 ...
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Madonna
Madonna Louise Ciccone (; ; born August 16, 1958) is an American singer-songwriter and actress. Widely dubbed the " Queen of Pop", Madonna has been noted for her continual reinvention and versatility in music production, songwriting, and visual presentation. She has pushed the boundaries of artistic expression in mainstream music, while continuing to maintain control over every aspect of her career. Her works, which incorporate social, political, sexual, and religious themes, have generated both controversy and critical acclaim. A prominent cultural figure crossing both the 20th and 21st centuries, Madonna remains one of the most "well-documented figures of the modern age", with a broad amount of scholarly reviews and literature works on her, as well as an academic mini subdiscipline devoted to her named Madonna studies. At 20 years old, Madonna moved to New York City in 1978 to pursue a career in modern dance. After performing as a drummer, guitarist, and vocalist in ...
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Michael Jackson
Michael Joseph Jackson (August 29, 1958 – June 25, 2009) was an American singer, songwriter, dancer, and philanthropist. Dubbed the "King of Pop", he is regarded as one of the most significant cultural figures of the 20th century. Over a four-decade career, his contributions to music, dance, and fashion, along with his publicized personal life, made him a global figure in popular culture. Jackson influenced artists across many music genres; through stage and video performances, he popularized complicated dance moves such as the moonwalk, to which he gave the name, as well as the robot. He is the most awarded musician in history. The eighth child of the Jackson family, Jackson made his public debut in 1964 with his older brothers Jackie, Tito, Jermaine, and Marlon as a member of the Jackson 5 (later known as the Jacksons). Jackson began his solo career in 1971 while at Motown Records. He became a solo star with his 1979 album '' Off the Wall''. His music videos, incl ...
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Janet Jackson
Janet Damita Jo Jackson (born May 16, 1966) is an American singer, songwriter, actress, and dancer. She is noted for her innovative, socially conscious and sexually provocative records, as well as elaborate stage shows. Her sound and choreography became a catalyst in the growth of MTV, enabling her to rise to prominence while breaking gender and racial barriers in the process. Lyrical content which focused on social issues and lived experiences set her reputation as a role model for youth. The tenth and youngest child of the Jackson family, she began performing at the MGM Grand. She starred in the variety television series ''The Jacksons'' in 1976 and went on to appear in other television shows throughout the 1970s and early 1980s, including '' Good Times'', ''Diff'rent Strokes'', and '' Fame''. After signing a recording contract with A&M Records in 1982, she became a pop icon following the release of her third and fourth studio albums ''Control'' (1986) and ''Rhythm Nation ...
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Blockbuster (entertainment)
A blockbuster is a work of entertainment—typically used to describe a feature film produced by a major film studio, but also other media—that is highly popular and financially successful. The term has also come to refer to any large-budget production ''intended'' for "blockbuster" status, aimed at mass markets with associated merchandising, sometimes on a scale that meant the financial fortunes of a film studio or a distributor could depend on it. The term originated from the Blockbuster bomb which were used in World War II. Etymology The term began to appear in the American press in the early 1940s, referring to aerial bombs capable of destroying a whole block of buildings. Its first known use in reference to films was in May 1943, when advertisements in ''Variety'' and ''Motion Picture Herald'' described the RKO film, '' Bombardier'', as "The block-buster of all action-thrill-service shows!" Another trade advertisement in 1944 boasted that the war documentary, '' With the ...
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Sony Music
Sony Music Entertainment (SME), also known as simply Sony Music, is an American multinational music company. Being owned by the parent conglomerate Sony Group Corporation, it is part of the Sony Music Group, which is owned by Sony Entertainment and managed by the American umbrella division of Sony. It was originally founded in 1929 as American Record Corporation and renamed as Columbia Recording Corporation in 1938, following its acquisition by the Columbia Broadcasting System. In 1966, the company was reorganized to become CBS Records, and Sony Corporation bought the company in 1988, renaming it under its current name in 1991. In 2004, Sony and Bertelsmann established a 50-50 joint venture known as Sony BMG, which transferred the businesses of Sony Music and Bertelsmann Music Group into one entity. However, in 2008, Sony acquired Bertelsmann's stake, and the company reverted to the Sony Music name shortly after; the buyout allowed Sony to acquire all of BMG's labels, which ...
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Ebony (magazine)
''Ebony'' is a monthly magazine that focuses on news, culture, and entertainment. Its target audience is the African-American community, and its coverage includes the lifestyles and accomplishments of influential black people, fashion, beauty, and politics. ''Ebony'' magazine was founded in 1945 by John H. Johnson, for his Johnson Publishing Company. He sought to address African-American issues, personalities and interests in a positive and self-affirming manner. Its cover photography typically showcases prominent African-American public figures, including entertainers and politicians, such as Dorothy Dandridge, Lena Horne, Diana Ross, Michael Jackson, former U.S. Senator Carol Moseley Braun of Illinois, U.S. First lady Michelle Obama, Beyoncé, Tyrese Gibson, and Tyler Perry. Each year, ''Ebony'' selects the "100 Most Influential Blacks in America". After 71 years, in June 2016, Johnson Publishing sold both ''Ebony'' and ''Jet (magazine), Jet'', another Johnson publication, to ...
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RCA Records
RCA Records is an American record label currently owned by Sony Music Entertainment, a subsidiary of Sony Corporation of America. It is one of Sony Music's four flagship labels, alongside RCA's former long-time rival Columbia Records; also Arista Records, and Epic Records. The label has released multiple genres of music, including pop, classical, rock, hip hop, afrobeat, electronic, R&B, blues, jazz, and country. Its name is derived from the initials of its defunct parent company, the Radio Corporation of America (RCA). RCA Records was fully acquired by Bertelsmann in 1987, making it a part of Bertelsmann Music Group (BMG) and became a part of Sony BMG Music Entertainment after the 2004 merger of BMG and Sony; it was acquired by the latter in 2008, after the dissolution of Sony/BMG and the restructuring of Sony Music. RCA Records is the corporate successor of the Victor Talking Machine Company, founded in 1901, making it the second-oldest record label in American his ...
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Diana Ross
Diana Ross (born March 26, 1944) is an American singer and actress. She rose to fame as the lead singer of the vocal group the Supremes, who became Motown's most successful act during the 1960s and one of the world's best-selling girl groups of all time. They remain the best-charting female group in history, with a total of twelve number-one hit singles on the US ''Billboard'' Hot 100, including "Where Did Our Love Go", "Baby Love", "Come See About Me", and " Love Child". Following departure from the Supremes in 1970, Ross embarked on a successful solo career in music, film, television and on stage. Her eponymous debut solo album featured the U.S. number-one hit "Ain't No Mountain High Enough" and music anthem "Reach Out and Touch (Somebody's Hand)". It was followed with her second solo album, '' Everything Is Everything'' (1970), which spawned her first UK number-one single " I'm Still Waiting". She continued her successful solo career by mounting elaborate record-setting ...
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KCRW
KCRW (89.9 MHz FM) is a National Public Radio member station broadcasting from the campus of Santa Monica College in Santa Monica, California, where the station is licensed. KCRW airs original news and music programming in addition to programming from NPR and other affiliates. A network of repeaters and broadcast translators, as well as internet radio, allows the station to serve the Greater Los Angeles area and other communities in Southern California. The station's main transmitter is located in Los Angeles's Laurel Canyon district and broadcasts in the HD radio format. It is one of two full NPR members in the Los Angeles area; Pasadena-based KPCC is the other. History KCRW was founded in 1945 to train servicemen returning from World War II in the then-new technology, FM broadcasting—hence its call letters, which stand for College Radio Workshop. It was a charter member of NPR in 1970, making Santa Monica College the second community college to own a public radio or telev ...
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Motown
Motown Records is an American record label owned by the Universal Music Group. It was founded by Berry Gordy Jr. as Tamla Records on June 7, 1958, and incorporated as Motown Record Corporation on April 14, 1960. Its name, a portmanteau of ''motor'' and ''town'', has become a nickname for Detroit, where the label was originally headquartered. Motown played an important role in the racial integration of popular music as an African American-owned label that achieved crossover success. In the 1960s, Motown and its subsidiary labels (including Tamla Motown, the brand used outside the US) were the most of the Motown sound, a style of soul music with a mainstream pop appeal. Motown was the most successful soul music label, with a net worth of $61 million. During the 1960s, Motown achieved 79 records in the top-ten of the ''Billboard'' Hot 100 between 1960 and 1969. Following the events of the Detroit Riots of 1967, and the loss of key songwriting/production team Holland–Dozier– ...
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