Elton Sells Twenty-First Artists Ltd. to Sanctuary



Singer Elton John has agree to sell Twenty-First Artists Ltd., the management company he co-owns, to Sanctuary Group

British pop singer Elton John has agree to sell his co-owns management company "Twenty-First Artists Ltd." to Sanctuary Group, a British based management, publishing, tour and merchandising company, which handles many international stars. The deal is mentioned will bring John and his partners around $30.2 million in cash and shares, and let the famous singer be managed by Sanctuary whose roster includes such artists as U.S, rapper Nelly and British heavy metal legend Robert Plant, for the next five years.

To mark the deal, Sanctuary Executive Chairman, Andy Taylor told the Associated Press "The status of Sir Elton John as a respected and hugely successful artist is unassailable and we are obviously very happy to be involved in his career going forward." Additionally, industry analyst Paul Richards said that John is "probably one of the top half-dozen artists globally, so having him on the roster certainly could help Sanctuary attract other talent."

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Bella Hadid Goes Braless in Completely Sheer Top. See the Eye-Popping Pics
  2. Suki Waterhouse Flashes Nipples in See-Through Dress During Chilly Beach Photo Shoot
  3. Khloe Kardashian Is 'Thrilled' She's Expecting First Child With Tristan Thompson
  4. Brad Pitt Reportedly Moving In With Kate Hudson Amid Angelina Jolie Divorce
  5. Jennifer Lopez Breaks Silence on Her Relationship With Drake
  6. Angelina Jolie Loses Her Team's Trust Amid Brad Pitt Custody War
  7. Is Charlize Theron's Adopted Son Becoming a Girl? He Wears Box Braids and Pink Outfit
  8. Kim Kardashian Did Want to Divorce Kanye West. Here's Why She Stays
  9. Blake Lively 'Livid' Over Ryan Reynolds' Possible Reunion With Ex-Wife Scarlett Johansson
  10. Jennifer Garner Reportedly 'Suspicious' of Ben Affleck's Relationship With His Detox Nurse

CELEBS PHOTO