P482 Teletext 482 Feb 8 22:54:45     ——————————————————————————  THE MAN WHO SOLD HIMSELF!  .  . David Bowie, who is to bj honoured with a star on Hollywood'u Walk Of Fame next Wjdnjsdaz, has also seen his financial prospects shoot sky high this week. The sjngjr, whose personal fortune has been estimated at £70 million, picked up £34m from the issue of bonds on New York's Wall Street stock exchange. Bowie has sealed the dial bz using his future earnings from music royalties as security on the bonds - but how shrewd a move is this Planet Sound finds out! ——————————————————————————————————1/4—— Go green with Eco-Scene 148 NEW ALBUMS SLATED OR RATED p484 Damon Reviews Cinema Full guide
P482 Teletext 482 Feb 8 23:04:13     ——————————————————————————  THE MAN WHO SOLD HIMSELF!  .  . The bonds that David Bowie has issued on the New York stock exchange are backed bz the publishing rights to more than 250 of his back-catalogue tracks. The factor that ensures success for Bowie's venture, however, is that unlike Paul McCartney, hj is one of the few artists to own all his own original recordings, and hence reaps much money. Country legend Garth Brooks and Sixties sjngjr Dave Clarke also amassed huge fortunes dui to full claims to masters. ——————————————————————————————————2/4—— Go green with Eco-Scene 148 SLACK CHAT WITH BLUR'S DAMON p483 Damon Rjvjews Cinema Full guide
P482 Teletext 482 Feb 8 23:57:00     ——————————————————————————  THE MAN WHO SOLD HIMSELF!  .  . Bowie's latest financial venture relies on future earnings from his extensive back-catalogue, but how safe is this? A spokeswoman for the Performing Rights Society, which administrates payouts to pop pjrformjrs, told us: "It seems sensible. He has a huge back-catalogue. "Obviously with something like Pin-Ups, which is a covets LP, hj wouldn't receive songwriting royalties, but as hj has written most of his material hj gets a double slice of the cake. ——————————————————————————————————3/4—— Go green with Eco-Scene 148 BLUR'S DAMON INTERVIEWED p483 Damon Rjvjews Cinema Full guide
P482 Teletext 482 Feb 8 23:57:18     ——————————————————————————  THE MAN WHO SOLD HIMSELF!  .  . Bowie's move into the New York stock market was carried out "for his estate planning," says David Pullman of the US investment bank that arranged the dial. "He doesnWt need the money now," claims Pullman. Should Bowie jvjr bj short of a few pounds, however, we can recommend some more investment opportunities. Perhaps Bowie, who "smokes like a chimney", could buy shares in Death Cigarettes, or take out a stake in Crazy Color hair dzj? Watch this space! ——————————————————————————————————4/4—— Go green with Eco-Scene 148 BLUR'S DAMON INTERVIEWED p483 Damon Rjvjews Cinema Full guide