Keith Urban Sells Masters to Litmus Music
Keith City has offered his grasp recordings to Litmus Music, the Los Angeles-based music rights enterprise.
Monetary phrases weren’t disclosed for the deal, which incorporates ten multi-platinum, platinum or gold licensed studio albums and a profession retrospective compilation.
The New Zealand-born, Australia-raised, U.S.-based City is without doubt one of the most adorned artists in nation music — a famous person in Nashville.
His trophy cabinet contains 4 Grammy Awards, 5 ARIA Awards (together with the outstanding achievement award in 2001)
City, who hosted the 2018 ARIA Awards, has landed 46 songs on the Billboard Scorching 100 chart, and has two U.S. No. 1 albums to his title, Defying Gravity (from 2009) and Fuse (2013).
On the ARIA Charts, he has bagged eight prime 10 albums, together with 4 No. 1s, and 9 prime 50 singles.
He’s additionally bagged 21 No. 1s on Billboard’s Nation Airplay chart.
By the brand new association, introduced Tuesday (Dec. 13) out of the U.S., Litmus will proceed to “collaborate in shut partnership” with City and his administration crew Borman Leisure as he continues work within the studio on his subsequent album, due in 2023.
The as-yet untitled LP would be the follow-ups to The Velocity of Now Half 1, which peaked at No. 7 on the Billboard 200 chart in 2020, one in all his eight prime 10 charting LPs.
Litmus was based earlier this 12 months by main label veterans Hank Forsyth and Dan McCarroll, together with US$500 million backing from Carlyle’s World Credit score platform.
“What makes this such an excellent match for me is the real ardour and respect Dan, Hank and the crew at Litmus have for this music,” feedback City in an announcement. “In working with them, I really feel that very same collaborative spirit that’s at all times impressed me as an artist.”
Provides Matt Settle, managing director at Carlyle: “We’re captivated with this preliminary deal between Keith and Litmus Music, the business and the chance transferring ahead.”
The Rolling Stone Australia cowl star is the most recent in a procuring record of recording artists to promote their grasp rights in what has seemed to be a super-heated market.
The grasp rights to six Taylor Swift albums, together with her early, country-flavoured recordings, modified fingers once more in 2020 for upwards of US$300 million, whereas U.S. nation star and TV character Blake Shelton offered his catalogue earlier within the 12 months in a multi-million-dollar deal.
City will assist his subsequent album launch with a residency at Las Vegas’ Planet Hollywood Resort & On line casino, kicking off March 3, 2023.
