Legendary rock singer Rod Stewart has sold his song catalog to Irving Azoff’s Iconic Artists for nearly $100 million in a deal that comprises interests in his publishing catalog and recorded music, as well as some name and likeness rights. The deal comes as Iconic announced that it has raised more than $1 billion in new capital for future catalog investments, primarily from the investment firm HPS Investment Partners.
Source: Rod Stewart Sells Song Catalog to Irving Azoff’s Iconic Artists Group for Nearly $100 Million