In a rare interview with The Wall Street Journal, Mick Jagger, the frontman of The Rolling Stones, confirmed that he has no plans to sell the band’s post-1971 music catalog. Instead, Jagger suggested the idea of donating the catalog to charity, stating that “the children don’t need $500 million to live well.” He expressed a desire to do some good in the world with the catalog’s proceeds. This announcement comes at a time when many artists have been selling their music rights for significant sums of money, including Bruce Springsteen, Bob Dylan, Stevie Nicks, Neil Young, and Justin Bieber.
Jagger’s comments highlight a growing trend in the music industry, where iconic artists are cashing in on their catalogs. However, his decision to forgo a big-money deal in favor of philanthropy sets him apart from many other musicians. While selling music rights can provide financial security, Jagger believes that the money would be better used to make a positive impact in the world. This stance reflects the values of an artist who has been in the industry for decades and wants to leave a lasting legacy beyond financial gains.
Jagger’s interview coincides with the release of The Rolling Stones’ second single, “Sweet Sounds of Heaven,” from their upcoming album “Hackney Diamonds.” This album, set to be released on October 20, features collaborations with Lady Gaga and Stevie Wonder. As The Rolling Stones continue to create new music and entertain audiences worldwide, Jagger’s decision to hold onto their catalog demonstrates a commitment to their artistry and a desire to make a difference through charitable endeavors.