Legendary singer-songwriter Randy Newman has joined the growing list of artists selling their music catalogs, finalizing a deal with Litmus Music, a company backed by Carlyle Global Credit. Newman, known for his witty and emotionally resonant songwriting, has sold his share of both recorded music and publishing rights, including iconic tracks from his decades-long career.
While the financial details of the agreement remain undisclosed, the deal includes some of Newman’s most beloved songs. His work spans across both classic hits and modern film soundtracks, such as “You’ve Got a Friend in Me” from Toy Story, "I Love L.A.," "Mama Told Me Not to Come," and Monsters, Inc. Newman’s music has become a staple in both pop culture and animated films, making this acquisition highly valuable.
At 80 years old, Newman’s catalog remains timeless, continuing to captivate audiences across generations. In addition to his solo projects, his contributions to soundtracks for films like Cars and Marriage Story have earned him critical acclaim, including seven Grammy wins out of 23 nominations.
Litmus Music, which has recently acquired other high-profile catalogs including those of Katy Perry and Keith Urban, expressed excitement about adding Newman’s works to their collection. The company's leadership praised his sharp, witty lyrics and his ability to craft songs that transcend time and generations.
This acquisition continues the trend of artists selling their music rights, as Newman joins a growing list of music legends trusting companies like Litmus to manage and preserve their legacies.
