BMG has announced that it has acquired a substantial stake in the work of two-time Rock & Roll Hall of Fame inductee, Grammy Award-winning, American musical icon Paul Simon, with the purchase of his royalty income in Simon & Garfunkel recordings as well as his neighbouring rights income.
Simon & Garfunkel are among the world’s best-selling artists of all time and winners of seven Grammy awards. Tracks including The Sound Of Silence, The Boxer, Mrs Robinson and Bridge Over Troubled Water reached Number One around the world and have been streamed hundreds of millions of times.
Albums including Wednesday Morning, 3AM (1964), Sounds Of Silence (1966), Parsley, Sage, Rosemary & Thyme (1966), Bookends (1968) and Bridge Over Troubled Waters (1970) are arguably among the most influential in music industry history.
Thomas Scherer, BMG’s president, Repertoire & Marketing, Los Angeles and New York, said, “In any list of the true greats, Paul Simon stands as one of the pillars of popular music history. We will play our part to ensure his music continues to be honoured and respected.”