{"id":104686,"date":"2021-01-21T10:55:01","date_gmt":"2021-01-21T10:55:01","guid":{"rendered":"https:\/\/fin2me.com\/?p=104686"},"modified":"2021-01-21T10:55:01","modified_gmt":"2021-01-21T10:55:01","slug":"metallica-producer-bob-rock-sells-rights-to-over-40-tracks","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/metallica-producer-bob-rock-sells-rights-to-over-40-tracks\/","title":{"rendered":"'Metallica' producer Bob Rock sells rights to over 40 tracks"},"content":{"rendered":"
FILE PHOTO: Bob Rock and Jann Arden arrive on the red carpet for the 2018 Juno Awards in Vancouver, British Columbia, Canada, March 25, 2018. REUTERS\/Ben Nelms<\/figcaption>

(Reuters) – Record producer Bob Rock has sold his share of rights from a catalogue of 43 songs, including heavy metal band Metallica\u2019s self-titled album and singer Michael Bubl\u00e9\u2019s \u201cCall Me Irresponsible\u201d to Hipgnosis Songs Fund, the latest music insider to sell lucrative record catalogues as the explosion of online streaming attracts investors.<\/p>\n

The COVID-19 pandemic has prompted a growing list of music industry professionals to monetise their older work by selling valuable tracks and albums as the global health crisis has all but shut down earnings from live concerts.<\/p>\n

London-listed investment firm Hipgnosis announced a discounted placement offering of its ordinary shares on Thursday along with the deal, which is at least the fifth for the company this month after agreements with Shakira and Neil Young.<\/p>\n

\u201cThe breadth of Bob Rock\u2019s enormous successes are almost impossible to match by any creator in the history of music,\u201d said Hipgnosis Songs Founder Merck Mercuriadis, who has previously been a manager to artists Elton John and Beyonc\u00e9.<\/p>\n

Rock co-produced Metallica\u2019s self-titled 1991 record, most commonly referred to as \u201cThe Black Album\u201d, which includes hits such as \u201cNothing Else Matters\u201d and \u201cThe Unforgiven\u201d. Songs from the album have been streamed more than seven billion times, Hipgnosis said.<\/p>\n

Rock has also extensively worked with Bubl\u00e9, and the duo\u2019s \u201cCall Me Irresponsible\u201d, released in 2007, won a Grammy for \u201cBest Traditional Pop Vocal Album\u201d.<\/p>\n

The value of the music deals was undisclosed.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FILE PHOTO: Bob Rock and Jann Arden arrive on the red carpet for the 2018 Juno Awards in Vancouver, British Columbia, Canada, March 25, 2018. 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