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David Guetta 'sells back catalogue for $100m'

David Guetta 'sells back catalogue for $100m'
© Reuters
David Guetta reportedly sells off his back catalogue to Warner Music for a US nine-figure sum.

Prolific producer David Guetta is said to have sold the rights to his back catalogue for around $100m (£72m).

The French DJ, 53, is responsible for a slew of hits including 'Titanium' and 'Where Them Girls At' and is notable for collaborating with artists such as Rihanna, Sia and Justin Bieber.

According to the Financial Times, Guetta's nine-figure deal with Warner Music also includes rights to his future music.

In a statement confirming the deal, Guetta said: "I'm super excited about the new music I'm working on. And even more excited that I have started to play all this new music live to my fans again and they are loving it.

"This deal is about having the best people around me to ensure I can keep innovating with exciting new projects, while also working my extensive catalogue and continuing to build my career."

During his career Guetta has sold more than 50 million records and racked up over 14 billion streams.

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