Phil Collins and Genesis Sell Publishing Catalogue for $300 Million

The deal with Concord includes both the work the trio of Collins, Tony Banks and Mike Rutherford made together and as solo artists

BY Megan LaPierrePublished Sep 29, 2022

If you felt something coming in the air tonight, you might be right — and that breeze might be worth more than $300 million USD. Phil Collins and Genesis have parted ways with the rights to their publishing catalogue in a new deal with Concord Music Group Inc., as per The Wall Street Journal.

The agreement includes both the music Collins recorded in his solo career and his work with Genesis along with guitarist Mike Rutherford and keyboardist Tony Banks, plus Rutherford and Banks's solo recordings. Nothing from Peter Gabriel's time in Genesis or his solo career is included in the bundle.

Concord President Bob Valentine told the WSJ that he envisioned introducing the music of Collins and Genesis to a new generation. "In the world we live in today with Facebook, Instagram, TikTok, all these things that drive consumption of older music," he said, "there are definitely ways for us as a record company to bring some of this music back to life."

That's right, the likes of "Sussudio," "Invisible Touch" and "That's All" might soon become the next viral soundbite! Which, you have to admit, could result in some pretty silly TikTok dances.

Genesis haven't released an album with Collins since We Can't Dance in 1991, while Collins's most recent collection of original music is 2002's Testify. He said that last year's Genesis reunion tour will be their last, his son Nic having replaced him behind the kit on the road due to a spinal injury dating back to 2007.

Selling off publishing rights is all the rage right now; except in the case of the Rolling Stones, who view it as a "sign of getting old." That may be true — hey, Deryck Whibley is still pretty young! — but times are still undeniably tough for touring musicians, including living legacy artists (and their estate owners).

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