Phil Collins, a member of the band sold the music rights, but Peter Gabriel refused
British pop and rock musician Phil Collins of Genesis performs on stage at Rosemont Horizon, Rosemont, Illinois, November 14, 1981.
Paul Natkin | Photo Archive | beautiful pictures
Do you like Phil Collins? This company definitely has.
Collins, along with Genesis band members Tony Banks and Mike Rutherford, sold a package of music rights to the group and their personal projects to Concord Music Group, the company said. The band is behind hits like “Land of Confusion” and “I Can’t Dance” among others.
The Wall Street Journal reported Thursday that the deal is worth more than $300 million. Concord has been involved in the publishing of Collins and Genesis since 2017.
The deal does not include Peter Gabriel and Steve Hackett, who were members of the band in its early days, Concord said. After Gabriel and Hackett left, Genesis released an album called “And Then There Were Three.”
Gabriel, who became a solo superstar in his own right, was Genesis’ lead vocalist and artistic driving force during the early days of art-rock in the 1970s. During that period, it flourished. released classic albums like “The Lamb Lies Down on Broadway.”
A rep for Gabriel did not immediately respond to a request for comment.
The deal comes after a number of music superstars, including Bob Dylan, Stevie Nicks and Bruce Springsteen, landed lucrative deals to sell their music rights.
Collins, the drummer and lead singer of the rock band Genesis, has also had a solo performing career that has included hits such as “In The Air Tonight,” “Against All Odds,” and “Sussudio.”
Genesis guitarist and bassist Rutherford went up against the band Mike and the Mechanics, whose hit “All I Need Is a Miracle” in the 1980s. Banks, the keyboardist, has released six solo albums.