12 months ago

Morrissey Selling Stake in The Smiths' Assets for Potential Big Money

Morrissey Selling Stake in The Smiths' Assets for Potential Big Money
Smiths For Sale? Morrissey Puts Stake In Iconic Band Up For Potential Big Bucks Bids · deadline.com

Imagine a famous band called The Smiths broke up a long time ago.

Now, the singer, Morrissey, who helped create the band's music, wants to sell his part of the band.

This means whoever buys his part would get to use the band's name, music, and even sell their stuff.

It could be worth a lot of money!

Morrissey feels tired of dealing with the other members of the band.

The guitarist, Johnny Marr, once tried to trademark the band's name.

Even though there was a reunion offer, Marr declined.

Morrissey is now taking offers, and it's a big deal in the music world!

Key facts

What's for Sale?
Morrissey's 50% stake in The Smiths' name, artwork, merchandise, songs, publishing, and recordings.
Seller
Morrissey
Potential Earnings
Possibly running into the tens of millions
Band's Breakup
1987
Offer from AEG Entertainment Group
For a reunion tour that was declined by Johnny Marr.
Johnny Marr trademark
Registered the trademark of The Smiths in 2018 and later signed an assignment of joint ownership to Morrissey in January 2024

Quotes

Marr

Smiths guitarist

“A failure to respond led Marr to register the trademark himself.”
deadline.com
“It was subsequently agreed with Morrissey’s lawyers that this trademark was held for the mutual benefit of Morrissey and Marr.”
deadline.com

Morrissey

The singer and former frontman of The Smiths

“has no choice but to offer for sale all of his business interests in ‘The Smiths’ to any interested party / investor.”
deadline.com
“I am burnt out by any and all connections to Marr, Rourke, Joyce.”
deadline.com

Johnny Marr

Smiths guitarist

“It was a little bit about principles, but I’m not an idiot.”
deadline.com
“I just think the vibe’s not right.”
deadline.com

Sources

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