David Bowie
Hot on the heels of Tina Turner’s $50 million extensive rights deal with music publisher BMG come a slew of million-dollar music catalogue sales – but posthumous this time. In dollar terms, the list is headed by David Bowie, whose legendary songwriting collection has “attracted bids of around $200m”, according to the Financial Times.
The British singer-songwriter’s estate is reported to be in advanced negotiations and an agreement could be announced before the end of the year. The deal is thought to encompass Bowie’s entire 54-year career, spanning decades of albums such as The Rise and Fall of Ziggy Stardust, Spiders from Mars, Heroes and Blackstar, his 25th and final collection of songs that was released two days before his death on January 10, 2016.
In September, Bowie’s estate agreed a long-term licensing deal with Warner Music for parts of his recorded music catalogue, Variety reported. The company already owned a significant portion of the singer’s recorded music following a 2012 deal with London-based Parlophone Label Group and has reissued several tracks since.
There are two copyrights on a song: one for the recorded music and another for the lyrics.
Bowie, whose real name is David Robert Jones, had a net worth of about $100m at the time of his death, according to court documents. He reportedly left half of his estate to his wife, the model Iman, and the rest was largely split between his two children from two marriages, Alexandria Zahra Jones, now 21, and Duncan “Zowie Bowie” Jones, 50. It’s unclear who inherited the Space Oddity singer’s songwriting catalogue.
Bowie also capitalised on his catalogue himself, selling asset-backed securities in 1997. Dubbed Bowie bonds, they awarded investors a share in his future royalties for 10 years. The move allowed the singer to buy out his former manager, Tony DeFries.
The past year has seen musicians such as Madonna, Paul Simon, Neil Young, Stevie Nicks, David Guetta and Bob Dylan sell their catalogues for nine-figure amounts to music labels, publishing companies, private equity groups and specialist funds.
But the estates of long-departed musicians have also joined what is being called a gold rush for music copyright. Bing Crosby’s heirs have sold their stakes in his estate to Primary Wave Music for a sum in excess of $50m. This includes thousands of recordings by Crosby and other artists, many never-before-released.
The music publisher will work to increase Crosby’s digital footprint for a generation unfamiliar with his work. “People associate dad with Christmas, but in the 40s and 50s, they didn’t associate him with Christmas. They associated dad with tonnes of things and that’s what I want to bring back,” Crosby’s son, Harry, told AP.
In July, Primary Wave acquired 42 per cent of Prince’s estate, which is still in probate five years after his death. In October, the company paid a reported $40m to purchase Luther Vandross’ publishing, master recording income stream, and name and likeness rights from his estate. Primary Wave also owns substantial interests in the song catalogues of Whitney Houston, Ray Charles and Bob Marley.
Catalogue music – defined as anything over 18 months old before being purchased – now accounts for 66.4 per cent of listening sales in the US from January to June this year, according to analytics provider MRC Data.
Ed Sheeran
Hot on the heels of his new album = (Equals), Ed Sheeran has been declared the UK’s wealthiest young celebrity for a third consecutive year. The British singer-songwriter’s net worth is now estimated at £236.5m ($321.9m), according to Heat magazine’s new Rich List, an annual compilation of the UK and Ireland’s richest stars aged 30 years and under.
Sheeran, who turns 31 in February, has sold more than 150 million records worldwide, putting him in the same league as Kanye West, Justin Bieber, U2 and Aerosmith.
Although he has five top-selling albums to his credit, tours and endorsements also contribute to Sheeran’s fortune. His two-year ÷ (Divide) Tour took in $776.2m from 8.9 million tickets between 2017 and 2019, Billboard data shows. The Shape of You singer has also endorsed an assortment of brands, from music accessories manufacturer Dunlop to Heinz Ketchup, who he reached out to on Instagram.
Earlier this year, Sheeran reportedly signed a $1m agreement to become the face of video-sharing platform TikTok.
His popularity has also seen fraudsters try to con unsuspecting victims out of money in an online investment scam using fake news articles last year, the UK’s National Cyber Security Centre said.
Popular financial advice holds that you should have banked the equivalent of your annual salary by the age of 30, but Sheeran’s fortune puts him well ahead of that benchmark. His annual take-home pay, as estimated by Forbes, averages approximately $64m.
In January, Sheeran reportedly paid more than £28m in taxes after a lucrative 2020, including £3.8m on a £10m dividend from his music sales company.
Former One Direction member Harry Styles, 27, was ranked second on Heat’s list with an overall net worth estimated at £80m, followed by Little Mix (£66.7m) and Niall Horan (£57.5m). Model and actor Cara Delevingne, with an estimated net worth of £52m, rounds out the top five.
Bruce Springsteen
The music catalogue juggernaut continues to roll on, with rock singer Bruce Springsteen now also in talks to sell the rights to his recorded music and publishing catalogue in two separate deals to Sony Music, Variety said this week.
The deals would leave Springsteen significantly richer. The Born to Run singer’s combined album and song catalogues are estimated to be worth between $330m and $415m, according to Billboard.
Springsteen has worldwide record sales in excess of $150m and a vast song catalogue that generates hundreds, if not thousands, of cover versions every year. Billboard estimates the Springsteen album catalogue generated about $15m in revenue in 2020, while his publishing catalogue brings in about $7.5m per year.
While he has been signed to Sony subsidiary Columbia since the 1970s, Springsteen later acquired the rights to his music as part of a contract renegotiation. The singer also owns the rights to and sells dozens of live archive recordings on his website, bypassing record labels completely.
Separately, he has raked in more than $840m in touring dollars between 2010 and 2019, according to Pollstar – just one decade of a nearly 60-year career.
Springsteen’s net worth is estimated at $500m.
Owen Wilson
Actor Owen Wilson has participated in a Series A round of funding in Abbot’s Butcher, a premium plant-based meat producer. Fellow actor Woody Harrelson and his businesswoman wife Laura also joined the round, along with existing investors Unovis and SOSV.
The size of the funding round was not made public. The capital raise will be used to fuel food service growth, expand retail distribution and support new product development, the company said.
Founded in 2017 by animal rights advocate Kerry Song, Abbot’s Butcher specialises in products crafted from pea protein, vegetables, herbs, spices, extra virgin olive oil and vinegars. The brand is available in more than 800 retail and food service locations across the US.
As a mum, I am constantly looking for products that ensure safety, are environmentally conscious, free from plastic and are made from a mother’s perspective
Dia Mirza,
Bollywood actor
Wilson is estimated to have a fortune worth $70m, with his investments mostly comprising a lucrative real-estate portfolio. Harrelson, who has been vegan for more than 30 years, is thought to have a net worth of $68m. His wife Laura has assets worth $4m.
Both actors also invested in Australian graphics design platform Canva in 2015. The Sydney-based company has raised a total of $572.6m in over 16 funding rounds, according to Crunchbase.
Dia Mirza
Bollywood actor Dia Mirza has partnered with wooden toy brand Shumee as a strategic investor and brand ambassador.
The company was founded in 2016 to fill a need for handcrafted, artisanal toys made using wood, cotton and other child-safe natural materials. It says it has sold more than 200,000 toys in six countries, principally through online channels.
“As a mum, I am constantly looking for products that ensure safety, are environmentally conscious, free from plastic and are made from a mother’s perspective,” Mirza said.
She described her investment as a priceless opportunity to expand her understanding of life, of herself and the world.
“As a mother, you become deeply attuned to not just your child but the well-being of the planet, other children and all forms of life. I am thrilled to endorse a brand that is doing some great and category-defining work in this space.”
The actor has a net worth of $3m, according to Indian media estimates.
Thor: Ragnarok
Dir: Taika Waititi
Starring: Chris Hemsworth, Tom Hiddleston, Cate Blanchett, Jeff Goldblum, Mark Ruffalo, Tessa Thompson
Four stars
Huddersfield Town permanent signings:
- Steve Mounie (striker): signed from Montpellier for £11 million
- Tom Ince (winger): signed from Derby County for £7.7m
- Aaron Mooy (midfielder): signed from Manchester City for £7.7m
- Laurent Depoitre (striker): signed from Porto for £3.4m
- Scott Malone (defender): signed from Fulham for £3.3m
- Zanka (defender): signed from Copenhagen for £2.3m
- Elias Kachunga (winger): signed for Ingolstadt for £1.1m
- Danny WIlliams (midfielder): signed from Reading on a free transfer
SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2)
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The bio
Date of Birth: April 25, 1993
Place of Birth: Dubai, UAE
Marital Status: Single
School: Al Sufouh in Jumeirah, Dubai
University: Emirates Airline National Cadet Programme and Hamdan University
Job Title: Pilot, First Officer
Number of hours flying in a Boeing 777: 1,200
Number of flights: Approximately 300
Hobbies: Exercising
Nicest destination: Milan, New Zealand, Seattle for shopping
Least nice destination: Kabul, but someone has to do it. It’s not scary but at least you can tick the box that you’ve been
Favourite place to visit: Dubai, there’s no place like home
Company%C2%A0profile
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Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
Teri%20Baaton%20Mein%20Aisa%20Uljha%20Jiya
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Non-oil%20trade
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From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Ibrahim's play list
Completed an electrical diploma at the Adnoc Technical Institute
Works as a public relations officer with Adnoc
Apart from the piano, he plays the accordion, oud and guitar
His favourite composer is Johann Sebastian Bach
Also enjoys listening to Mozart
Likes all genres of music including Arabic music and jazz
Enjoys rock groups Scorpions and Metallica
Other musicians he likes are Syrian-American pianist Malek Jandali and Lebanese oud player Rabih Abou Khalil
Company%20profile
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What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
The Transfiguration
Director: Michael O’Shea
Starring: Eric Ruffin, Chloe Levine
Three stars
The specs
Engine: 2.0-litre 4-cylinder turbo hybrid
Transmission: eight-speed automatic
Power: 390bhp
Torque: 400Nm
Price: Dh340,000 ($92,579
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Slow loris biog
From: Lonely Loris is a Sunda slow loris, one of nine species of the animal native to Indonesia, Malaysia, Thailand and Singapore
Status: Critically endangered, and listed as vulnerable on the International Union for Conservation of Nature red list due to growing demand in the global exotic pet trade. It is one of the most popular primate species found at Indonesian pet markets
Likes: Sleeping, which they do for up to 18 hours a day. When they are awake, they like to eat fruit, insects, small birds and reptiles and some types of vegetation
Dislikes: Sunlight. Being a nocturnal animal, the slow loris wakes around sunset and is active throughout the night
Superpowers: His dangerous elbows. The slow loris’s doe eyes may make it look cute, but it is also deadly. The only known venomous primate, it hisses and clasps its paws and can produce a venom from its elbow that can cause anaphylactic shock and even death in humans
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
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The%20specs
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More from Neighbourhood Watch:
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Killing of Qassem Suleimani
ESSENTIALS
The flights
Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.
The hotels
Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.
The tours
A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages.
THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
Important questions to consider
1. Where on the plane does my pet travel?
There are different types of travel available for pets:
- Manifest cargo
- Excess luggage in the hold
- Excess luggage in the cabin
Each option is safe. The feasibility of each option is based on the size and breed of your pet, the airline they are traveling on and country they are travelling to.
2. What is the difference between my pet traveling as manifest cargo or as excess luggage?
If traveling as manifest cargo, your pet is traveling in the front hold of the plane and can travel with or without you being on the same plane. The cost of your pets travel is based on volumetric weight, in other words, the size of their travel crate.
If traveling as excess luggage, your pet will be in the rear hold of the plane and must be traveling under the ticket of a human passenger. The cost of your pets travel is based on the actual (combined) weight of your pet in their crate.
3. What happens when my pet arrives in the country they are traveling to?
As soon as the flight arrives, your pet will be taken from the plane straight to the airport terminal.
If your pet is traveling as excess luggage, they will taken to the oversized luggage area in the arrival hall. Once you clear passport control, you will be able to collect them at the same time as your normal luggage. As you exit the airport via the ‘something to declare’ customs channel you will be asked to present your pets travel paperwork to the customs official and / or the vet on duty.
If your pet is traveling as manifest cargo, they will be taken to the Animal Reception Centre. There, their documentation will be reviewed by the staff of the ARC to ensure all is in order. At the same time, relevant customs formalities will be completed by staff based at the arriving airport.
4. How long does the travel paperwork and other travel preparations take?
This depends entirely on the location that your pet is traveling to. Your pet relocation compnay will provide you with an accurate timeline of how long the relevant preparations will take and at what point in the process the various steps must be taken.
In some cases they can get your pet ‘travel ready’ in a few days. In others it can be up to six months or more.
5. What vaccinations does my pet need to travel?
Regardless of where your pet is traveling, they will need certain vaccinations. The exact vaccinations they need are entirely dependent on the location they are traveling to. The one vaccination that is mandatory for every country your pet may travel to is a rabies vaccination.
Other vaccinations may also be necessary. These will be advised to you as relevant. In every situation, it is essential to keep your vaccinations current and to not miss a due date, even by one day. To do so could severely hinder your pets travel plans.
Source: Pawsome Pets UAE
The finalists
Player of the Century, 2001-2020: Cristiano Ronaldo (Juventus), Lionel Messi (Barcelona), Mohamed Salah (Liverpool), Ronaldinho
Coach of the Century, 2001-2020: Pep Guardiola (Manchester City), Jose Mourinho (Tottenham Hotspur), Zinedine Zidane (Real Madrid), Sir Alex Ferguson
Club of the Century, 2001-2020: Al Ahly (Egypt), Bayern Munich (Germany), Barcelona (Spain), Real Madrid (Spain)
Player of the Year: Cristiano Ronaldo, Lionel Messi, Robert Lewandowski (Bayern Munich)
Club of the Year: Bayern Munich, Liverpool, Real Madrid
Coach of the Year: Gian Piero Gasperini (Atalanta), Hans-Dieter Flick (Bayern Munich), Jurgen Klopp (Liverpool)
Agent of the Century, 2001-2020: Giovanni Branchini, Jorge Mendes, Mino Raiola
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
MATCH INFO
Fixture: Thailand v UAE, Tuesday, 4pm (UAE)
TV: Abu Dhabi Sports
How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
MWTC
Tickets start from Dh100 for adults and are now on sale at www.ticketmaster.ae and Virgin Megastores across the UAE. Three-day and travel packages are also available at 20 per cent discount.
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Scoreline
Liverpool 3
Mane (7'), Salah (69'), Firmino (90')
Bournemouth 0
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
