Tina Turner has sold the rights to her music catalogue, including hits like “The Best” and “Nutbush City Limits”, to music publishing company BMG.
The deal also sees BMG acquire the rights to Turner’s name, image, and likeness for future sponsorship and merchandising deals.
The company did not disclose how much it paid, but industry sources said the figure would be north of $50m (£37m), reports the BBC.
Turner said she was confident her music was “in reliable hands”, according to the report.
The 81-year-old is one of the most recognisable and vibrant stars in pop music history.
Born Anna Mae Bullock in Tennessee, she joined Ike Turner’s band as a backing singer when she was 18. Within two years, she was the star of the show, and the duo scored a string of hits with future R&B standards like A Fool In Love, River Deep, Mountain High and Nutbush City Limits.
Ike and Tina married in 1962, but their relationship was turbulent and violent and she filed for divorce in the 70s.
Turner’s solo career quickly eclipsed that of her partnership with Ike, with five platinum albums including 1984’s Private Dancer, which went three times platinum in the UK.