Paul Simon Sells Major Stake In Music Interests To BMG

Paul Simon Sells Major Stake In Music Interests To BMG

BMG has acquired a major stake in the work of Rock & Roll Hall of Fame inductee, Grammy Award-winning musical icon Paul Simon with the purchase of his royalty income in Simon & Garfunkel recordings as well as his neighboring rights income.

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 honored and respected.”

Simon was represented in the transaction by Gene Salomon and Don Passman at Gang, Tyre, Ramer, Brown & Passman.

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 No. 1 around the world and have been streamed hundreds of millions of times.

Albums including Wednesday Morning, 3 A.M. (1964), Sounds Of Silence (1966), Parsley, Sage, Rosemary & Thyme (1966), Bookends (1968) and Bridge Over Troubled Waters (1970) are among the most influential in music industry history.

(Photo: Jake Edwards/Paul Simon Music)

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