Yet another member of Fleetwood Mac is cashing out and selling off his song catalog to a publishing company.
This time it’s drummer Mick Fleetwood, who is selling his full catalog of over 300 songs to BMG.
He’s the third member of Fleetwood Mac to do so in recent weeks – Stevie Nicks sold 80 percent of her songwriting rights for a whopping $100 million last month, and Lindsey Buckingham sold off his catalog two weeks ago.
They’re not alone – artists like Bob Dylan, Neil Young, and David Crosby have also announced similar deals.
Why are so many legacy artists selling off their catalogs? Has the demand grown that much higher?