
Sting
(Picture: REUTERS)Songwriters Hall of Fame honoree Sting is the latest in a long line of music legends to sell the rights to their back catalogues for hundreds of millions of dollars.
His deal with the Universal Music Publishing Group (UMPG), announced on Thursday, is estimated to be worth up to $300 million (£221 million) according to the Guardian and covers the entirety of both his solo works as well as songs written with The Police.