Fleetwood Mac's hidden treasure: McVie’s music rights sold for a fortune

Written by Jeppe W

Oct.27 - 2023 12:45 PM CET

Wikipedia Commons
Wikipedia Commons

Trending Now

Last year, the music world mourned the loss of Christine McVie, renowned singer and songwriter of the legendary group Fleetwood Mac.

McVie passed away in November 2022 at the age of 79 due to a stroke. Now, approximately a year after her passing, her family has decided to sell the rights to her music.

Christine McVie was a pivotal part of Fleetwood Mac’s success, contributing as both a singer and a songwriter. She played a significant role in creating some of the band's biggest hits including 'Go Your Own Way', 'Landslide', 'The Chain', and 'Dreams'.

The value of her contribution to these songs is immense, and now her share has been purchased by HarbourView Equity Partners, a capital management firm, for an undisclosed amount.

This move by McVie’s estate follows in the footsteps of her bandmate Mick Fleetwood, who sold his assets from the group’s recordings to the Germany-based BMG in January 2021.

The deal included royalties from over 300 songs, covering Fleetwood’s share in all of the band’s recorded works except for their first two albums.

Founded in London in 1967, Fleetwood Mac went on to become one of the most successful bands ever. McVie joined the band later and performed alongside her then-husband John McVie, as well as Mike Fleetwood, Stevie Nicks, and Lindsey Buckingham.

She left the band in 1998 after nearly three decades but rejoined in 2014.

Selling music rights has become a popular trend, with numerous artists and estates cashing in. Big names like Justin Timberlake, Nelly Furtado, Justin Bieber, Phil Collins, Sting, Bob Dylan, and many more have sold their music rights. Estates of deceased stars, including David Bowie’s and Whitney Houston’s, have also profited significantly from such sales.

Sky News reported on the sale of Christine McVie’s music rights, highlighting this trend and the ongoing legacy of Fleetwood Mac.