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Noel Gallagher Selling Oasis Ownership For Big Payday?

by Subhojeet Mukherjee
September 21, 2024
in Alternative, News
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Noel Gallagher is reportedly in talks with investors about selling his music catalogue. He recently joked that he would rather cash in on his songs than leave the money to his children. Sources say he’s seriously considering selling his catalogue for around £250 million, on top of what he’ll earn from the Oasis reunion tour, but they did announce new members joining.

While Noel has made light of the situation, insiders say he’s actually taking steps to make it happen. With his divorce finalized, he won’t have to share any of the proceeds, although there may still be discussions about it.

Selling a music catalogue means giving up the rights to songs and the royalties from them. Experts believe the buzz around Oasis’s reunion could increase the value of the songs, especially among younger fans. The band’s first album, Definitely Maybe, is already climbing the charts again as fans gear up for the tour.

Gallagher’s music may attract interest from Hipgnosis Songs, a company that buys music rights and has worked with artists like Fleetwood Mac and Justin Bieber. They have a portfolio worth over £3 billion. Other major deals have included Sony Music buying Bruce Springsteen’s catalogue for £376 million.

Noel knows that the excitement around the reunion tour will help boost the value of Oasis’s music. He stands to become even wealthier from this deal.

The Gallagher brothers recently announced their long-awaited reunion, which has fans eager to buy tickets for their summer tour. However, there’s been some controversy over ticket prices, which have risen significantly for some fans due to dynamic pricing.

This pricing strategy has faced criticism from fans and politicians, who feel it goes against the band’s working-class roots. Concert promoters have defended the practice, saying it reflects high demand and helps ensure that artists and production teams benefit financially.

Tags: Oasis
Subhojeet Mukherjee

Subhojeet Mukherjee

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