London (CNN Business)Tina TurnerΒ has sold the rights to her music catalog spanning six decades β including songs "What's Love Got to Do With It" and "The Best" β to music publishing company BMG.
The legendary singer has also sold the artist's share of her recordings, her music publishing writer's share, neighboring rights and name, image and likeness as part of the deal, according to BMG, which did not disclose financial terms.
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Tina Turner at the premiere of "Tina - Das Tina Turner Musical" at Stage Operettenhaus in Hamburg, Germany on March 3, 2019.
Industry experts estimate the deal is worth more than $50 million, specialist publication Music Business WorldwideΒ reports.
"Tina Turner's musical journey has inspired hundreds of millions of people around the world and continues to reach new audiences. We are honored to take on the job of managing Tina Turner's musical and commercial interests," BMG CEO Hartwig Masuch said in a statement. "It is a responsibility we take seriously and will pursue diligently."
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Turner, now aged 81, was the first Black artist and the first female artist to feature on the cover of Rolling Stone, BMG said. Her solo works include 10 studio albums, two live albums, two soundtracks and five compilations, which in total have sold more than 100 million records.
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