The electro star sells his rights to BMG for an unspecified sum. The label will own the rights to the albums Oxygen and Equinox as well as author income.
French electronic music pioneer Jean-Michel Jarre has sold his entire music publishing back catalog to BMG – the world’s fourth largest label – following the example of other artists who have profited from their work. In a statement released Thursday (July 21st), BMG, owned by German media company Bertelsmann AG, said the acquisition, for which it did not disclose financial details, was the largest deal it had made in France. .
It includes the rights to famous albums Oxygen and Equinox by Jean-Michel Jarre, published in the 1970s, as well as the income of its authors. This contract also follows the acquisition by BMG of the sound recordings of Jean-Michel Jarre’s first three albums during the takeover of the Francis Dreyfus Music record company in 2012.
“Jean-Michel Jarre is not only a pioneer of electronic music, he is a polymath and a brilliant ambassador of culture and internationalism”, said Hartwig Masuch, chief executive of BMG. “Nearly fifty years after the eruption ofOxygen worldwide, we are delighted to build on our longstanding relationship to become stewards of its music publishing rights.” The composer, who has sold 85 million records, is known for his striking sound and light concerts, performed in spectacular settings such as the Eiffel Tower in Paris and the pyramids in Cairo. His shows have sometimes attracted huge audiences, including 3.5 million spectators at his concert in Moscow in 1997.
“This partnership with BMG means a lot to me…I’m happy that my publishing back catalog is housed here in Europe, and that my work continues to thrive in such good hands,” Jarre said. “Today is a new beginning that allows me to develop new ideas and gives me the means to explore new territories.”
Recently, Justin Timberlake, Sting or even Tina Turner have also sold their catalog.