Mick Fleetwood goes same way as others with music catalogue deal

FILE PHOTO: British musician Mick Fleetwood attends the 2019 Rock and Roll Hall of Fame induction ceremony in Brooklyn, New York, U.S., March 29, 2019. REUTERS/Eduardo Munoz

Mick Fleetwood has become the latest in a series of rock musicians to cash in on their work by agreeing on Thursday to sell his back catalogue to music major BMG.

The deal gives BMG, owned by German media company Bertelsmann AG, a share in the royalties from over 300 recordings including "Dreams" and "Go Your Own Way", two of the biggest hits from Fleetwood Mac, the band he co-founded in 1967.

Bob Dylan and Neil Young have both done rights deals in recent months as the popularity of streaming services ensures they are able to tap into new audiences.

FILE PHOTO: Mick Fleetwood of the group Fleetwood Mac reacts after performing during the 2018 MusiCares Person of the Year show honoring Fleetwood Mac at Radio City Music Hall in Manhattan, New York, U.S., January 26, 2018. REUTERS/Andrew Kelly/File Photo

Fleetwood, 73, appeared on TikTok last year when he recreated his own version of a viral video featuring a skateboarder singing along to "Dreams" - from Fleetwood Mac's 1977 mega-hit album "Rumours".

"This is a wonderfully inspiring marriage between two creative partners that understand all aspects of the business," Fleetwood said in a statement.

(Writing by Keith Weir; editing by Jonathan Oatis)