Preserving the Legacy: Pophouse Entertainment Acquires Majority Stake in Tina Turner's Music Catalog
Pophouse Entertainment, a company co-founded by ABBA’s Björn Ulvaeus, has acquired a majority ownership stake in the music interests of the late R&B singer-songwriter Tina Turner. The deal, completed with BMG, aims to honor Turner's legacy and elevate her work among existing and new fans. The terms of the transaction were not disclosed, but it follows Turner's previous sale of her solo recordings, publishing assets, and name and likeness rights to BMG in 2021 for $50 million.
Tina Turner, who passed away in 2023 at the age of 83, had a prolific career spanning six decades and multiple record labels. Her iconic hits like "What’s Love Got to Do With It" and "The Best" were originally released by Capitol-EMI and are now under Universal Music’s Parlophone imprint. Turner's accolades include inductions into the Rock & Roll Hall of Fame, 12 Grammy Awards, and recognition as one of the top-selling female artists of all time.
Pophouse Entertainment, in collaboration with BMG and the Tina Turner Estate, plans to focus on long-term stewardship of Turner's music catalog. The company aims to celebrate Turner's artistry and legacy through creative projects that pay homage to her status as the Queen of Rock n’ Roll. Pophouse's CEO, Jessica Koravos, expressed excitement about welcoming Tina Turner's iconic catalog to the Pophouse family and initiating initiatives to honor her remarkable music and persona.
BMG's president, Alistair Norbury, emphasized the importance of preserving Tina Turner's voice and spirit in modern music and popular culture. Together with Pophouse and the Estate, BMG is committed to ensuring that Turner's work continues to resonate with global audiences while staying true to the strength, independence, and originality that defined her career.
In addition to Tina Turner's catalog, Pophouse Entertainment has also acquired music interests in other renowned artists such as Kiss, Cyndi Lauper, Avicii, and Swedish House Mafia. The collaboration between Pophouse, BMG, and the Tina Turner Estate signifies a dedication to honoring Turner's legacy and ensuring that her music remains timeless and influential in the music industry.
In conclusion, the partnership between Pophouse Entertainment, BMG, and the Tina Turner Estate marks a significant milestone in celebrating the iconic music and legacy of Tina Turner. Through creative projects and long-term stewardship, the collaboration aims to honor Turner's artistry and continue to elevate her work for both existing fans and new audiences, solidifying her status as a legendary figure in the music industry.