Toto Drummer Sells Song Catalog For $30 Million
Toto drummer Jeff Porcaro is cashing out – selling his song catalog to a publisher for a cool $30 million.
The deal includes Porcaro’s share of the band’s biggest hit, “Africa”, as well as master royalties from all the Toto albums Porcaro played on.
The last year has been filled with big-money publishing deals for artists like Stevie Nicks, Bob Dylan, and Neil Young – some worth hundreds of millions of dollars.
