Neil Diamond joined the list of musicians who sold their music catalogs, signing multimillion-dollar music deals in the past year, including Bruce Springsteen, Shakira, Stevie Nicks, and more.
And while this appears to be the first time the financial terms of the deal have been kept confidential, it has been announced that Diamond’s recording rights and his entire catalog of songs have been officially sold to Universal Music Group.
The deal includes the rights to all recordings from the singer’s career, which lists 110 previously unreleased tracks, archival videos and an entire unreleased album. This means Universal has control over his music and may even release future songs or albums if the 81-year-old artist works in more music.
Diamond’s music has been used in various movies and films, including “Friends”, “The Simpsons” and “Pulp Fiction”, and many of his most iconic tracks have become hits with the help of other artists, who have covers of his songs, such as ‘Sweet Caroline’, ‘Red Red Wine’ and ‘I’m a Believer’, among others.’
The successful artist retired in 2018, announcing that he had Parkinson’s disease. He released a statement congratulating Universal on its work, hoping they “will continue to represent ‘its catalog’ and future releases with the same passion and integrity that has always fueled my career.”
