Not to be a complete doink or anything, but if I had that kind of money I'd gladly fork over $300 million to never, ever, EVER hear "In the Air Tonight" again.  Yeah, I know - Phil solo stuff.  But still.

@rusty 

They bought Phil's solo stuff, too, so maybe you could get a discount.

They also distribute TTB. 

I have always been kind of interested in what some artist bring in for royalties.  This sheds a little light on Phil's.  No wonder every so often you here of some turmoil with publishing rights, song writing credits and etc with bands and musicians.

"The publication estimated back then that Collins' publishing royalties alone averaged roughly $6.2 million annually."

@jszfunk 

I was surprised by that number. Even considering it's worldwide & includes streaming, performance, covers, movies & tv, etc. that seems high for PC but as we know appraisals and real life aren't necessarily aligned.

Even though I was in the business for a long time, I still wonder at the presumed fortunes singers who never wrote or acted made. Even those who did didn't always fare well like Judy Garland was broke when she died & Whitney Houston owed her record company but the estate earned enough to pay that. Sinatra did everything but write from the time he was a teen. Streisand sold a lot of records when she was young, but she retired from performing so her money comes from acting/writing/directing/producing movies & investments. Celine Dion mystifies me, but she is definitely global & married well. 

Publishing and song writing is interesting and can be a great income for writers if they get something that becomes popular. Butch Trucks said Dickey was the first in the band to realize what a nice steady income you can make by writing a song that becomes famous. 

Paul Anka wrote this song Toot Sweet and  it got released as an instrumental B side on a record from Walt Disney Music. 

 Then Paul Anka wrote words for this song for Annette on the Mickey Mouse Club. 

And finally Paul Anka heard Johnny Carson was taking over The Tonight Show in October 1962 and was looking for a theme. He offered Johnny the song and told him he would let Johnny have half of the royality. 

From 1962 to 1992 when Johnny retired, both men made $200,000.00 a year off the piece. 

Paul Anka broke into hitsville in 1956 when he wrote and recorded Diana. He is 81 years old now and worth $100 million.