Mick Jagger doesn’t want to sell the Rolling Stones catalogue: ‘My kids don’t need 500 million, I’d rather give it to charity’

One more album, the 24th, and then who knows. The eternal rock boy, 80 and showing no sign of stopping, is ready to release his latest Rolling Stones album on October 20th. And that’s it Wall Street JournalWhile it’s strange to hear him talk about his plans for the future off stage, he spoke about the English band’s endless catalog and what he intends to leave to his children. Numerous music icons have attempted to sell their catalog in recent years, from Bruce Springsteen to Neil Young, Bob Dylan to Paul Simon and all the way to the heirs of David Bowie. They have also been joined by younger artists such as Justin Timberlake, John Legend and Katy Perry, ready to take advantage of the very high valuation of their creative assets. A market that is still very rewarding financially but is already showing signs of cooling, pushing some artists to take advantage of it while they can. Selling catalog big

it is valued at several million euros, and also allows for the organization of succession, monetizing creativity for the benefit of the heirs. Assessments that Jagger certainly made despite admitting that he was “not good at business” but which pushed him in the opposite direction.

Rolling Stones catalog

Jagger and Co. boast rights to a vast amount of music, although not all that the Rolling Stones created during their career. This is because their accountant Allen Klein, who died in 2009, received the rights to all previous songs. His company Abkco Records still owns Copyright

about such legendary songs as (I can’t get no) Satisfaction, Paint it blackAND Ruby Tuesday. What to do with more than 50 years of artistic creation? “I’m not going to sell the catalogue,” he told the publication. Wall Street Journal, “Kids don’t need $500 million to live well, come on,” and then suggests donating to charity: “I’d rather do something good in the world.” The “children” he’s talking about are the singer’s eight children, ranging in age from 6 to 52. Before him, his colleague and friend Keith Richards addressed the same topic: “I don’t know if we’re ready. We’ll continue for a while and add some more stuff there. The only thing selling a catalog means is that you’re getting old.”

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