Iron Maiden signed a giant contract for their music rights

Metal the legendary band Iron Maiden has sold its rights to the investment company Pophouse Entertainment. The founder and one of the owners of the company is familiar to Abba Björn Ulvaeus.

With the agreement, Pophouse gets a 50 percent share of the publishing and mastering rights of Iron Maiden’s music, as well as the rights related to the band’s name, image and characters, says the US entertainment magazine Variety. The contract also covers the rights of Eddie, the band’s mascot.

The purchase price has not been announced, but Pophouse has previously bought, for example, the rights of the band Kiss for about 300 million dollars.

in London Iron Maiden, founded in 1975, is one of the longest-running and most significant bands in heavy rock.

The group, which has sold more than one hundred million albums, received a Grammy award and performed in a former limestone quarry in Bali, continues to tour regularly.

In July, the Eddfest event in Knebworth, England saw the first creative collaboration between Iron Maiden and Pophouse, Infinite Dreams –show. The exhibition based on the anniversary book of the same name presents the band’s 50-year history.

Last In recent years, several world stars have sold the rights to their music to investment and record companies.

For example Bruce Springsteen sold its entire catalog to Sony for about half a billion dollars in 2021. That same year Tina Turner sold the rights to BMG for an undisclosed sum.

The largest known transaction amount has been paid for the rights to Queen, when Sony under those in 2024 by more than $1.2 billion.

World of the intellectual property organization WIPO by in the 2020s, the rights of works have changed from the protection of creative work to its own investment category.

The game has been changed especially by streaming, which makes the royalty income of large and well-known music catalogs more predictable than before.

Giant deals mostly concern artists who have had a long career. Old familiar hits thrive on streaming services, and even third Spotify listening is focused on music that is at least ten years old.

By Editor