Fleetwood Mac Vet Lindsey Buckingham Sells Publishing Catalog to Hipgnosis Songs
Hipgnosis Songs kept busy over the holiday: Not 24 hours after the fast-growing company announced that it acquired Jimmy Iovine’s production catalog, it announced it has acquired the music publishing rights of Lindsey Buckingham, best known for his work with Fleetwood Mac.(Variety)
Along with the 25% share it acquired in September, Hipgnosis — which has invested more than $1.5 billion in music catalogs in just two and a half years — now owns 100% of Buckingham’s music publishing rights, including his publishing and writer’s share, of his entire catalog, comprising 161 songs, as well as a 50% share of any unreleased compositions, according to the announcement.
Along with his solo work and an album with longtime partner Stevie Nicks — who sold her catalog to Primary Wave late last year for a reported $100 million — Buckingham’s catalog includes his four credits on Fleetwood Mac’s “Rumours” — including the smash single “Go Your Own Way” — one of the top-selling albums of all time at 45 million copies worldwide, as well as the group’s 1975 self-titled album, 1979’s “Tusk,” 1987’s “Tango in the Night” and others.
In addition to his work with Fleetwood Mac, Buckingham has released five solo albums, as well as 1973’s “Buckingham Nicks” and an eponymous 2017 album with Fleetwood Mac bandmate Christine McVie.
Speaking to Rolling Stone later in the year, Buckingham said he was told by band manager Irving Azoff that Stevie Nicks never wanted to perform with him again and wouldn’t agree to a tour unless he wasn’t a part of it. “I don’t think there was ever anything that was just cause to be fired,” Buckingham said. “We have all done things that were not constructive. All of us have worn on each other’s psyches at times. That’s the history of the group.”
He sued the band for wrongful dismissal and other charges, but it was settled out of court. The group. meanwhile, had a successful tour until they had to postpone the last few dates on their American tour in April so Nicks could recover from an illness. They are set to resume the tour on June 6th in Berlin and stay on the road until mid-November.