September 8th 2024.
It seems that Noel Gallagher, the talented musician and former member of Oasis, is contemplating selling his back catalogue of songs. While fans are eagerly anticipating the return of Oasis and new music, Noel appears to be looking back at their previous tracks. At 57 years old, he is reportedly considering a lucrative offer of £200 million for the rights to his music.
But that's not the only source of potential income for Noel and his recently reconciled brother, Liam. The highly anticipated Oasis Live '25 tour is expected to bring in a whopping £400 million from ticket sales and revenue. Unfortunately, ticket prices have caused frustration among fans, with demand driving up the cost and scalpers taking advantage. Those who missed out are anxiously waiting for the results of the extra date ballot, while Noel is already looking ahead to the future.
In an interview with the Daily Mail, Noel shared his thoughts on the matter, saying, "The way I look at it is I'll be approaching 60 and it's like, do I want to leave it to my kids, who'll probably swap it for a f****** PlayStation game?" He raises a valid point - do you leave your legacy to your children who may not appreciate it the way you do, or do you make a decision that will set everyone up for life?
It seems that other musicians are also facing this dilemma. Bob Dylan, at 83 years old, recently sold his catalogue of hits to Sony Music for an estimated $150-200 million in 2022. The legendary artist, who is still touring, expressed his satisfaction with the deal, stating, "Columbia Records and Rob Stringer have been nothing but good to me for many, many years and a whole lot of records. I'm glad that all my recordings can stay where they belong."
Noel is not the only one considering selling his back catalogue. Bruce Springsteen, Phil Collins, Whitney Houston, The Killers, Shakira, Red Hot Chili Peppers, and Prince's estate have all reportedly sold some portion of their catalogues. It's a trend that is becoming more common in the music industry, with artists and their families looking to secure their financial future.
It's unclear if Noel's brother and former bandmate, Liam Gallagher, will also sell his catalogue. But it's worth noting that once the rights to their music are sold, the new owner can use it in any way they see fit. This could potentially mean more opportunities for the songs to be featured in various mediums, even after the artists have passed away.
But for now, it's all speculation. The Agency has reached out to Noel's representatives for comment, but no official statement has been made. As always, fans will have to wait and see what the future holds for Noel Gallagher and his iconic music.
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