Warner Music acquired the rights to the dance music luminary’s recorded music catalog, featuring world -class hits “Hey Mama,” “Titanium,” and “Turn Me On,” among others. The deal saw the music giant take over Guetta’s worldwide catalog from the past two decades and inking a new deal for future recordings.
While the exact amount of the deal has not yet been publicly confirmed, the Financial Period reported that Warner spent more than $ 100 million. differentOn the other hand, spoke to two industry sources who stated that the number is in the “twelve-million-dollar range.” However, considering the fact that Guetta’s upcoming music recordings were cooked up in collaboration, the nine -figure amount as a preliminary conclusion.
Guetta is dropping eight new tracks in 2021, and a press release has been released to announce Warner’s deal letters that “there will be more new music to come.”
“I’m really excited about the new music I’m working on. And even more excited that I’m starting to play all the new music live with my fans and they love it,” Guetta said in a statement. “This is the right time to renew my creative partnership with my trusted Warner Music team. This partnership is about having the best people around me to make sure I can keep the change going. new projects, while also working on my many catalogs and continuing to build my career. “
“It’s rare for an artist to not only mean a class, but change it. David has been doing it for more than two decades – inspiring audiences around the world and influencing an entire generation of talent,” he said. added Max Lousada, CEO of Warner Recorded Music. “She continues to have a tremendous impact on the development of dance music, while evolving and collaborating with new sounds in dynamic ways. For all she has come up with so far, there is so much more music. , creativity, and originality are coming. All of us at Warner are very happy to expand our partnership with this global icon. “