Warner Music in talks to purchase David Bowie’s songwriting catalog

© Reuters. FILE PHOTO: David Bowie performs on stage throughout The Freddie Mercury Tribute Live performance at Wembley Stadium in London, Britain, April 20, 1992. REUTERS/Dylan Martinez

(Reuters) – Warner Music Group is in talks with David Bowie’s property to accumulate the late music icon’s songwriting catalog, the Monetary Instances reported on Wednesday.

The corporate is elevating $535 million in debt to assist the potential acquisition, the report added, citing individuals acquainted with the matter.

Warner Music, residence to musicians together with Cardi B, Ed Sheeran and Bruno Mars, had additionally partnered with popstar Madonna in August to relaunch her complete catalog over the subsequent few years.

Warner Music declined to remark.

Born in 1947, Bowie was the visionary British rock star behind hits comparable to “Area Oddity” and “Let’s Dance”.

Bowie straddled the worlds of hedonistic rock, vogue, artwork and drama for 5 a long time, pushing the boundaries of music to provide a few of the most progressive songs of his technology.

The singer died in 2016 on the age of 69, two days after releasing the album “Blackstar”, which gained a few of the finest important critiques of his profession.

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