Members of Swedish Home Mafia carry out in the course of the 2012 iHeartRadio Music Competition on the MGM Grand Backyard Enviornment in Las Vegas, Nevada September 21, 2012. REUTERS/Steve Marcus
STOCKHOLM, March 29 (Reuters) – Sweden’s Pophouse Leisure, based by ABBA member Bjorn Ulvaeus, has acquired the again catalogue of electrical music pioneers Swedish Home Mafia, it stated on Tuesday.
Pophouse, which is behind occasions like ABBA’s upcoming “Voyage” digital live shows in London, “Mamma Mia the Get together” and the Avicii Expertise in Stockholm, stated it had acquired Swedish Home Mafia’s grasp recordings and publishing catalogues.
It is going to type a three way partnership with its members to develop the Swedish Home Mafia model worldwide.
Chart-topping artists like David Bowie, Neil Younger and Shakira have bought the rights to their songs, which means future earnings from gross sales and advertising and marketing go to the brand new house owners relatively than the artist, who will get a one-off cost.
Swedish Home Mafia, whose greatest hit was “Do not You Fear Baby”, launched in 2012, will launch a brand new album in April and begin a world tour in July.
Pophouse didn’t say how a lot they’d paid for the rights to the songs.
Reporting by Simon Johnson; Enhancing by Mark Porter
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