David Crosby recently received a tweet where he was asked: "Is the current rash of artists selling their publishing rights a function of the music economy these days or could it be a proactive function of estate planning? After all, none of us are getting any younger."
Crosby, who is also actually looking to sell his publishing, says, "I don’t know for sure but I have been forcibly retired it seems. And I think many of them have come to the same conclusion even if they aren’t saying it."
Bob Dylan, Stevie Nicks and Robbie Robertson are among several artists who’ve recently sold all or nearly all of their publishing.
Crosby acknowledges that at age 79, his touring days are likely numbered. With the covid vaccine just now starting to be distributed, 2021 could wind up a lot like 2020 and that may mean a number of artists like Tony Bennett, Ringo Starr, Paul McCartney, The Rolling Stones and many others may not have a chance to tour again.
[courtesy of Classic Hits Today]