Pophouse, the pioneering global entertainment and music investment firm, and BMG, the world’s fourth largest music company, have completed a strategic transaction, with Pophouse becoming an owner alongside BMG in the music interests of the catalogue of multi-award-winning singer-songwriter Tina Turner – the “Queen of Rock ’n’ Roll” – as well as in the Name, Image and Likeness (NIL) rights. The transaction makes Pophouse the majority owner in the music interests of Tina Turner.
Twice inducted into the Rock & Roll Hall of Fame, Tina Turner (26 November 1939 – 24 May 2023) won 12 Grammy Awards, including a Lifetime Achievement Award, and is one of the top-selling female artists of all time. A groundbreaking performer, Tina Turner’s extraordinary body of work includes hits such as ‘What’s Love Got to Do with It’ and ‘The Best’, and her cultural legacy is testament to her influence and resilience.
A touring artist for over 50 years, Tina Turner broke down barriers at every turn. Amid a range of honours and firsts, in 1967 she became the first Black artist and first woman to feature on the cover of Rolling Stone Magazine. Two decades later, on her 1988 Break Every Rule World Tour, she performed for a record-breaking crowd at Rio de Janeiro’s Maracanã Stadium – the largest concert ever by a single artist for a paying audience at the time.
BMG has played an important role, together with the Tina Turner Estate, in protecting and developing Tina Turner’s legacy since the initial acquisition and will remain closely involved in this work going forward. Pophouse, alongside BMG and the Tina Turner Estate, will focus on long-term stewardship and contribute creative ideas that respect and laud Tina Turner’s artistry, to continue to elevate her work and legacy among existing fans as well as new ones.
Pophouse CEO, Jessica Koravos, said: “I am thrilled to welcome Tina Turner’s iconic catalogue to the Pophouse family. We will now set in motion a series of creative projects to celebrate Tina Turner’s remarkable music and persona and secure her legacy as the Queen of Rock n’ Roll.”
Pophouse Managing Partner & Head of Investments, Johan Lagerlöf, said: “We are incredibly proud to be entrusted with helping celebrate and develop Tina Turner’s extraordinary legacy. Tina Turner is not only one of the greatest artists of all time, but a force of nature whose impact extends far beyond music. We look forward to developing new and exciting projects that respectfully carry her legacy forward for generations to come.”
BMG, President, UK, Continental Europe & APAC, Alistair Norbury, said: “Tina Turner’s voice and spirit shaped modern music and popular culture. Our responsibility, alongside Pophouse and the Estate, is to ensure her work continues to resonate with audiences around the world, while remaining true to the strength, independence and originality that defined her career.”