In a rare interview with The Wall Street Journal, Mick Jagger, the frontman of The Rolling Stones, confirmed that he has no plans to sell the band’s post-1971 catalog. Instead, Jagger hinted at the possibility of donating the catalog to charity, stating that his children don’t need $500 million to live well. Jagger’s comments come at a time when many iconic artists are striking big-money catalog deals, with artists like Bruce Springsteen, Bob Dylan, Stevie Nicks, and Neil Young selling their music rights for hundreds of millions of dollars. However, Jagger and The Rolling Stones are taking a different approach, potentially choosing to make a positive impact in the world by donating their catalog.
This news article highlights the different approach Mick Jagger and The Rolling Stones are taking compared to other legendary artists who have sold their music rights for significant sums of money. Jagger’s suggestion to donate the catalog to charity reflects his belief that his children don’t need such a substantial amount of money to live well. This move sets Jagger and The Rolling Stones apart from the trend of catalog deals in the music industry, emphasizing their altruistic intentions.
The article also mentions other artists who have recently sold their music rights, such as Bruce Springsteen, Bob Dylan, Stevie Nicks, Neil Young, Justin Bieber, and Katy Perry. These deals have reached multimillion-dollar figures, showcasing the value of iconic catalogs in today’s music industry. In contrast, Jagger’s decision not to sell but instead donate the catalog underscores the unique position of The Rolling Stones and their commitment to making a positive difference in the world.
Overall, Jagger’s statements in the interview shed light on the philanthropic approach he and The Rolling Stones are considering for their catalog. This approach diverges from the typical pattern of big-money catalog deals and highlights the band’s desire to use their music to create a lasting impact by supporting charitable causes.