Phil Collins

Concord Music Group has landed the publishing rights and master recordings for most of prog rock legends Genesis' catalogue, as well as a portion of the group's ...

[Phil Collins performs Genesis concert from a chair as he belts out classic hits despite ill health](https://metro.co.uk/2021/11/30/phil-collins-performs-at-genesis-concert-from-a-chair-amid-ill-health-15691884/?ico=more_text_links) farewell run](https://metro.co.uk/2021/09/21/phil-collins-joins-genesis-final-tour-stays-seated-amid-health-issues-15292404/) at the venue. [Rylan Clark ‘would love to go back to Big Brother’ but is yet to be asked: ‘Hopefully I’ll be working on it’](https://metro.co.uk/2022/09/30/big-brother-rylan-clark-would-love-to-go-back-but-yet-to-be-asked-17479242/?ico=more_text_links) [final show with Genesis](https://metro.co.uk/2022/03/27/phil-collins-stands-beside-genesis-bandmates-at-emotional-final-tour-show-16352666/) at London’s The O2. [Metro.co.uk](https://metro.co.uk) entertainment team by emailing us [email protected], calling 020 3615 2145 or by visiting our [Submit Stuff](https://metro.co.uk/submit-stuff/) page – we’d love to hear from you. [Phil Collins](https://metro.co.uk/tag/phil-collins/?ico=auto_link_entertainment_P1_LNK1) and Genesis have sold a large chunk of their back catalogue for a whopping $300million (£268m).

A package of Genesis, Phil Collins and some Mike + the Mechanics music assets have sold to Concord.

This story also uses lower multiples in its valuation estimate than that story.) Moreover, since the new package included both the Genesis and the Mike + the Mechanics catalogs, the valuation is substantially larger than the one cited in the earlier story. But for the prior story earlier this year, he emailed the following statement to Billboard: “Over the last three or four years there have been several major deals, with quite a few bidders in the market looking to purchase publishing and recording copyrights, amongst many others we have been approached on several occasions. Genesis hits in the package likely include “That’s All” (1.4 million units), “Invisible Touch” (1.06 million units) and “Land of Confusion,” “In too Deep,” and “Follow You, Follow Me” (all in the 650,000 to 750,000 unit range). Most of the publishing for all three recording acts appear to be administered by Concord. (This estimate is based on full ownership of the artist master recordings, and could be less depending on how much of the catalog is owned by the three recording acts and how much just includes royalty income streams.) Sources say that the sellers had outsize expectations and that when the package was first shopped earlier in the year they were asking for opening bids of at least 250 million British pounds, which on April 30, 2022, would have been about $315 million. In the U.S. It also includes master recordings of Collins’ covers of “A Groovy Kind of Love” and “You Can’t Hurry Love,” all or which have over 1 million song consumption units. [Genesis](https://www.hollywoodreporter.com/t/genesis/), [Phil Collins](https://www.hollywoodreporter.com/t/phil-collins/) and some Mike + the Mechanics music assets have sold to Concord, the company told the Wall Street Journal on Thursday. (This is a different number than used in the previous story because the amount cited in that report also included an estimate for some of his Genesis rights. Specifically, sources say the deal encompassed the artist’s share of the master recordings and publishing. Billboard estimates that the overall package, after the deduction of production and distribution costs, averaged about $12.4 million annually over the last three years in master recording revenue and about $5.5 million in annual publishing revenue. That package, sources says, morphed into a bigger deal that also includes all of the publishing for Genesis and possibly even Mike + the Mechanics, as well as their master recordings rights.

Rock star Phil Collins and his current Genesis bandmates Mike Rutherford and Tony Banks have agreed to sell the publishing copyrights and master copies to ...

[Collins](/topics/phil-collins/) and Mr. [Collins](/topics/phil-collins/) and Genesis since 2017. After tonight we all have to get real jobs,” [according to](https://www.dailymail.co.uk/tvshowbiz/article-11264415/Phil-Collins-Genesis-bandmates-sell-rights-music-300million.html) the Daily Mail. Rutherford, said, “This is a catalog of music that we are all extremely proud of and it means a great deal to many fans… [Concord](/topics/concord-music-group-inc/), based in Nashville, had administered the publishing of Mr. [deal](https://concord.com/concord-news/concord-acquires-musical-works-and-recordings-of-tony-banks-phil-collins-and-mike-rutherford-including-their-participation-in-the-genesis-catalogue/) with [Concord Music Group Inc.](/topics/concord-music-group-inc/) does not include the rights to the music of former Genesis frontman Peter Gabriel in the group’s early albums.

Phil Collins and Genesis are the latest artists to sell their catalogs for a massive payday of nine-figures.

And ultimately, it was Phil’s abilities as a frontman and songwriter that made this band the behemoth that it became… The band was jamming on the song during soundcheck and Collins was singing variations on the term “paperlate”... And it was the closing song on the last Genesis reunion tour. The video gave a glimpse of the band’s sense of humor. Collins revealed in an interview that “[It] is just about a young teenager that's got a mother fixation with a prostitute that he's just happened to have met in passing and he has such a strong feeling for her and doesn't understand why she isn't interested in him.” Not the stuff that dominates adult contemporary radio, and indeed, this one was a jam for the more rock-based quadrant of their fanbase. It’s one of the few songs that Gabriel had no hand in writing; while the band is credited as co-writers on all the songs, apparently Banks and Rutherford co-wrote the lyrics, and co-composed the music with Collins and Hackett. Tony Banks wrote the lyrics, and it seemed that he knew that the band were coming to some sort of end. Of course, that was with a shortened version of the song; we prefer our “Tonight, Tonight, Tonight” in its full eight minute, fifty one seconds form. He proved that he had the vocal chops on 1976’s ‘A Trick Of The Tail’ and ‘Wind And Wuthering.’ But on ’Seconds Out,’ he proved that he wasn’t just a worthy singer, he was also a worthy frontman (and he only got better as the years went on). But on “Home By The Sea/Second Home By The Sea” -- clocking in at a combined 11 minute plus -- they pointed out that they still had some classic prog rock jams in them. The song dealt with the homeless crisis in England, a topic he’d revisit on his solo song years later, “Another Day In Paradise.” Phil Collins later did a more R&B influenced solo version of this song for his first album, ‘Face Value,’ but the Genesis version is the better one.

Elsewhere, Stockholm-based Pophouse Entertainment announced an agreement with the family and estate of Avicii (Tim Bergling) to buy 75% ownership of the late ...

The firm said it expects to have 1 trillion South Korea Won ($800m) worth of assets under management by the end of this year. MBW’s round-up is supported by [Centtrip](https://www.centtrip.com/music?utm_source=MBWnl&utm_medium=banner&utm_campaign=nlgen1), which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. [Bertelsmann](https://www.musicbusinessworldwide.com/companies/bertelsmann/)-owned company has announced that it has booked out one of Berlin’s most renowned theaters, the 1,600-seat Theater des Westens (TdW), every night until the end of 2024. [MBW’s Weekly Round-Up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs.](https://www.centtrip.com/music?utm_source=MBWnl&utm_medium=banner&utm_campaign=nlgen1) [purchase](https://www.musicbusinessworldwide.com/confirmed-concord-acquires-hitco-entertainment-record-label-assets/) of the assets of [HitCo](https://www.musicbusinessworldwide.com/companies/hitco-entertainment/) Entertainment, and its [eight-figure acquisition](https://www.musicbusinessworldwide.com/concord-buys-native-tongue-in-eight-figure-acquisition-expands-in-australia-and-new-zealand/) of Australia-based music publisher Native Tongue. [5) BMG JUST BOOKED OUT ONE OF GERMANY’S MOST PRESTIGIOUS THEATERS EVERY NIGHT TILL THE END OF 2024](https://www.musicbusinessworldwide.com/bmg-just-booked-out-one-of-germanys-most-prestigious-theaters-every-night-till-the-end-of-2024/) [Universal Music](https://www.musicbusinessworldwide.com/companies/universal-music-group/) Sweden Managing Director Per Sundin, has acquired a 75% interest in the masters and publishing catalog of Avicii. [2) POPHOUSE ENTERTAINMENT BUYS 75% OF AVICII MASTER RECORDINGS AND PUBLISHING](https://www.musicbusinessworldwide.com/pophouse-entertainment-buys-75-of-avicii-master-recordings-and-publishing/) [Apple](https://www.musicbusinessworldwide.com/companies/apple/) pulled Russia’s VK apps from its app store, while [BMG](https://www.musicbusinessworldwide.com/companies/bertelsmann/bmg/) booked out one of Berlin’s most renowned theaters every night until the end of 2024. [Universal Music](https://www.musicbusinessworldwide.com/companies/universal-music-group/) (China). [1) PHIL COLLINS, MIKE RUTHERFORD, AND TONY BANKS OF GENESIS SELL RIGHTS TO CONCORD IN $300M DEAL](https://www.musicbusinessworldwide.com/phil-collins-mike-rutherford-and-tony-banks-of-genesis-sell-rights-to-concord-in-300m-deal12/) [Concord](https://www.musicbusinessworldwide.com/companies/concord/) has acquired the publishing and recorded music catalogs of Phil Collins and his Genesis bandmates Tony Banks and Mike Rutherford.