David Guetta is making headlines for selling his entire catalogue of recorded music to Warner Music Group (WMG) in a deal reportedly worth more than $100 million. As reported by Financial Times, Warner will acquire Guetta’s two-decade back catalogue of recording. An agreement for future recordings is also included in the deal.
I’m super excited about the new music I’m working on. And even more excited that I have started to play all this new music live to my fans again and they are loving it. This is the right time to renew my creative partnership with my trusted team at Warner Music. This deal is about having the best people around me to ensure I can keep innovating with exciting new projects, while also working my extensive catalogue and continuing to build my career.David Guetta
Having sold more than 50 million record sales and amassed over 14 billion streams, the #1 DJ in the world has helped bring dance music into the mainstream with his diverse collaborations. It’s a unique deal in the sense that it only includes recorded music and not his songwriting catalog, which holds immense value as well.
Image Credits: Warner/David Guetta