Mar 19, 2021
By Andy Johnson
You might not be familiar with all of her work by name, but you’ve certainly heard it over the years.
Songwriter Carole Bayer Sager has sold the rights to her entire catalogue to UK investment company Hipgnosis Songs Fund.
The 74-year old won an Academy award for writing “Arthur’s Theme” and a Grammy for ” That’s What Friends Are For.” Her hits have performed by the likes of Celeine Dion, Frank Sinatra, Aretha Franklin and Barbra Streisand
Hipgnosis has been on a buying spree of late, most recently snapping up producer rights to Michael Buble’s “Call Me Irresponsible,” “Crazy Love,” “Christmas” and “To Be Loved.”
No word on the value of the deal, but other artists like Neil Young, Fleetwood Mac and Bob Dylan have sold their back catalogues to Hipgnosis for what’s reported to be hundreds of millions of dollars.