Concord Music has issued a news release announcing their purchase of the publishing and recorded music catalogs of Genesis band members Phil Collins, Mike Rutherford, and Tony Banks. Former Genesis members Peter Gabriel and Steve Hackett were not involved in the deal. The deal has been said to be worth up to $375 million dollars.
You can read the entire announcement here: https://concord.com/concord-news/concord-acquires-musical-works-and-recordings-of-tony-banks-phil-collins-and-mike-rutherford-including-their-participation-in-the-genesis-catalogue/
