Does Neil Young even own the rights to his music? It turns out he doesn’t fully have the final say in decisions about his vast musical catalog.
It has been reported previously that Neil Young doesn’t even own the rights to his music after penning an open letter to have all of his music removed from Spotify.
According to Forbes, It was just over a year ago that Young sold 50 percent of his publishing rights to his entire song catalog to Hipganosis Songs Fund, a UK-based investment fund, in a deal worth a reported $150 million. It gave Hipganosis the rights to the worldwide copyright and income interests from the 1,180 songs composed by Young.
Young, according to an NPR report owns 50% of the stake in his catalog since the deal was signed last January.
The singer gave an ultimatum, “It’s me or Joe Rogan”.
In the end, Spotify chose Joe Rogan over the aging pop star.
Ad: Save every day with Amazon Deals: Check out today's daily deals on Amazon.