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Rod Stewart Sells Song Catalog In Deal Worth Nearly $100 Million – Report
Rod Stewart has become the latest classic-rock superstar to sell his song catalog in what the Wall Street Journal reports is a nearly $100M deal.
Stewart, whose hits include such 1970s rock staples as “Maggie May,” “Da Ya Think I’m Sexy,” “You Wear It Well” and “You’re in My Heart,” sold his interests in his publishing catalog and recorded music, as well as some name and likeness rights, to Irving Azoff ’s Iconic Artists Group. Currently on a world tour and planning his final Las Vegas summer residency at the Colosseum at Caesars Palace, Stewart will release his 32nd studio album, a big-band salute titled “Swing Fever.” “My life’s work is in safe hands with him.” Azoff’s company also owns catalogs of the Beach Boys, Cher, Dean Martin, David Crosby, Linda Ronstadt and others.
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