Dancing Queen’ star Marcella Raneri has spent $40M for a Led Zeppelin
Marcella Raneri, renowned for her role in the hit musical Dancing Queen, has made headlines with her recent acquisition of a 10% stake in Led Zeppelin’s music catalog. The deal, valued at approximately $40 million, marks a significant move in the music industry.
The rights were previously owned by Helen Grant, daughter of the band’s late manager Peter Grant. Following Peter’s passing in 1995, his 20% stake was divided between Helen and her brother Warren. Helen has now sold her 10% share, which encompasses sound recording and publishing rights, including sales, streams, airplay, public performances, and synchronization fees, as well as an interest in the band’s other business ventures, such as merchandise .
This acquisition is part of a broader trend where music catalogs are being sold to investors and companies. For instance, in 2021, Bruce Springsteen sold his masters and publishing rights to Sony Music Group for over $550 million . Similarly, Led Zeppelin’s catalog has attracted significant interest, with Helen Grant receiving several offers for her stake .
Marcella Raneri’s investment in Led Zeppelin’s catalog underscores the enduring value and appeal of the band’s music, solidifying her position as a prominent figure in both the entertainment and investment sectors.
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