Genesis Collinsа Latest Celebrity News & Gossip

Jem Aswad Senior Music Editor Bruce Springsteen and Bob Dylan selling their catalogs for $600 million, Genesis and Phil Collins for $300 million, Stevie Nicks for $100 million — over the past few years dozens of artists have sold the rights to their music catalogs for eight or nine figures. There are all kinds of reasons why this is happening: Artists are getting older and are basically estate planning, the pandemic proved that copyrights can be a great investment, and the booming market is bringing more and more buyers and sellers to the table. But what do you do with that catalog once you’ve bought it? The old approach was to basically to sit and wait for the songs to make money — through radio, sales, use in films or TV shows or advertising campaigns, Broadway shows and lots of other ways.

tumbling pound has encouraged dollar buyers to snap up hit songs with Phil Collins and Genesis the latest big names to cash in on their back catalogue with a $300m (£270m) deal. Collins, Mike Rutherford and Tony Banks sold the rights to hit songs including “Mama”, “Land of Confusion” and “Invisible Touch” to the US-based Concord Music Group.

It's been announced that Phil Collins and his fellow members of the rock band Genesis have sold a portion of the group's songs - including their publishing rights and master recordings - in a deal valued at more than $300 million. 

Proud of her family! Lily Collins gushed over dad Phil Collins after he played his final concert with band Genesis and Lily’s little brother, Nic Collins.