Bowie: The Man Who Sold Royalties and Brought Music to Bonds

Updated on
  • Performer was first to securitize future earnings from songs
  • `Space Oddity' musician died Sunday from cancer at age 69

David Bowie, 1974.

Photographer: Terry O'Neill/Getty Images

The man behind “The Man Who Sold the World” was the first recording artist to go to Wall Street to tap the future earnings of his music, paving the way for a thriving market for esoteric securities backed by everything from racehorse stud rights to commercial washing machines.

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