Home / Arts and Entertainment / Irene Cara Estate Collects $300K in Unclaimed Royalties
Irene Cara Estate Collects $300K in Unclaimed Royalties
18 Sep
Summary
- Estate discovered over $300,000 in uncollected music royalties.
- Funds were held by multiple music publishing companies.
- Manager is also working to sell Irene Cara's music rights.
The estate of singer Irene Cara has recovered more than $300,000 in uncollected music royalties. Her business manager discovered these earnings, which had been held by multiple music companies.
These unclaimed funds included $246,000 from Chappell Music, $78,000 from Phonographic Performance Limited, and $8,000 from Unidisc Musique. The business manager is now seeking 15% of the collected sum as per a prior verbal agreement with the artist.
Beyond collecting these royalties, the business manager is also actively involved in finding a buyer for Irene Cara's music rights. This includes negotiating terms for future use of her music and reviewing royalty offers. Irene Cara, known for hits like "Flashdance" and "Fame," passed away in 2022 at age 63 due to hypertension and high cholesterol.
