Boutique music rights company MusicBird acquired the master royalty income of musician Dougie Thomson’s recordings with the band Supertramp, in which he served as bassist for more than 15 years. The deal includes hit tracks like “Goodbye Stranger,” “Give a Little Bit” and “Breakfast in America.”
Paul Brown, CEO of MusicBird, said in a statement: “We have ambitious growth plans and are continuing to build momentum, converting our deal pipeline, while staying true to our investment strategy with a laser focus on brilliant music. With enduring global popularity spanning more than half a century, Dougie’s catalogue further diversifies our collection of music rights across different eras and geographies, as well as bringing the weight of truly stratospheric commercial success to our collection.
“As an integral part of one of the most successful bands of all time, Dougie’s career is a rare combination of creative impact, longevity and cultural influence at the highest level of popular music,” Brown added. Supertramp’s music continues to find new fans and opportunities for success, and we are excited to be part of that ongoing journey.”
Said Thomson: “I am immensely proud of the music I recorded with Supertramp and am grateful that so many people are still listening to and discovering it now. The MusicBird team has genuine care for this music, and I am pleased to entrust them with my interest in the catalogue.”
Check out more recent music deals below, including a Futures Music Group fundraise, a PopArabia acquisition and a Bandsintown/Amazon Music integration.
