Financial institutions may buy album rights from Robbie Williams

Robbie Williams the former member of Take That may seek investors instead of continuing with EMI. Robbie’s management is reportedly preparing a plan to offer financial institutions a 50% stake in future releases.

Williams may well replace record executives with stockbrokers, by selling 50% stake in album, tour and merchandise profits. The plan that would see financial institutions invest £50m toward William’s musical future. Robbie is set to complete his 4 album, £55m deal with EMI, and he can’t see the need to renew.

Tim Clark, Robbie’s manager told the Times, “Williams hopes to find investors who will trade cash upfront for profits later, reaping the rewards of the 35-year-old’s recently revivified career.” It seems the deal in which all of William’s profits, from ringtones to concerts and baseball caps, would be channelled into one company, and then split between investors. The deal could include proceeds from a Take That reunion with Williams: Clark said “They are all getting on extremely well and I’m sure something would come out of it.”

To read more on this story go to guardian.co.uk. Let us know your thoughts on Investors rather than record companies.