Wednesday 15 February 2012

Dolly Parton set to rake in more millions from Whitney Houston version of her hit song I Will Always Love You

As the world mourns Whitney Houston, her music has set the charts alight again.
And the record companies along with the writers of her songs are set to profit from her tragic death last Saturday - among them country singer Dolly Parton.
The iconic country singer wrote I Will Always Love You back in 1973, before Houston recorded it for The Bodyguard nearly two decades later.
As Dolly, 66, owns the song, she stands to earn a significant amount of money as the No1 hit is expected to top the iTunes singles chart.
Set to profit: Dolly Parton wrote Whitney Houston's cover of I Will Always Love You in 1973
Set to profit: Dolly Parton wrote iconic song I Will Always Love You in 1973


During an interview on CNN with Anderson Cooper last month, the Steel Magnolias actress revealed: 'When Whitney did it, I got all the money for the publishing and for the writing, and I bought a lot of cheap wigs.'
The legendary song, which shot to No1 across the globe, was sung by Jennifer Hudson as a tribute during the 54th Grammy Awards on Sunday.

Dreamgirls actress Jennifer, 30, had actually performed the song in front of Houston at The BET (Black Entertainment Television) Honors in 2010.
According to E! Online, Sony Music owns the rights to Houston's back  catalogue, including The Bodyguard soundtrack, and is now planning a rigorous campaign to elevate Whitney to the top of the charts again.
The label did the same thing when Michael Jackson died, posthumously selling more than 35 million albums worldwide.
Re-recorded: Whitney sang a new version in 1992 for The Bodyguard soundtrack
Re-recorded: Whitney sang a new version in 1992 for The Bodyguard soundtrack

However, unlike the Bad star - who died in June 2009 - Whitney did not pen her biggest hits nor have a share of the publishing.
The 48-year-old star was found dead in her bath tub on February 11, just hours before she was due to perform at a pre-Grammys event.
Million dollar girl: Whitney's daughter Bobbi Kristina won't receive as much as first thought, as her mother didn't write her own greatest hits
Million dollar girl: Whitney's daughter Bobbi Kristina won't receive as much as first thought, as her mother didn't write her own greatest hits

One of her entourage discovered her in the en suite of her Beverly Hills Hilton room, where she believed to have passed away from an accidental prescription drugs overdose - and not from drowning.
Sony chief creative officer Clive Davis, who discovered Houston when she was a teenager, could also be set for a shift in his bank balance.
Clive, who is a member of the Rock and Roll Hall of Fame as a non-performer, executive-produced Whitney's first three, as well as her final record which came in the guise of I Look To You in 2009.
As many as 27 singles and three albums are set to re-enter the UK Official Singles Chart and Official Albums Chart Top 200s.
Whitney’s cover of I Will Always Love You leads the way, expected to enter at Number 10. 
I Wanna Dance With Somebody, from 1987, is next in line at No13, with One Moment In Time at No25 and My Love Is Your Love creeping in at 28.
I Have Nothing is due to rank at No30, with Saving All My Love For You at 37 and How Will I Know, 38. 
Official Charts Company managing director Martin Talbot, said: 'The tragic death of Whitney Houston came as a shock to her friends, colleagues and music fans across the world.
'Again, the British public is demonstrating its love of Whitney, just as it did for Amy Winehouse last year and Michael Jackson in 2009.
'The Official Charts will reflect that this weekend and, no doubt, in the coming weeks.'

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