British composer Andrew Lloyd Webber is "giving serious consideration" to selling his entire business empire to an unnamed American corporation. The firm made the Phantom Of The Opera musician an offer in late 2004, valuing his Really Useful Company at "several hundred million pounds", writes British newspaper The Daily Telegraph.

And Lloyd Webber is reportedly considering the offer - which would require him to sell the copyright to all his musicals and his half-share of 11 West End theatres in London. A source says, "Andrew is 56-years-old and he is much more interested in the creative areas of his world than anything else. He does not want to run businesses."

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Posted by Lawren at January 19, 2005 06:41 AM

You Said

I would not have guessed he's so young. only 56? so he wrote a lot of his best stuff in his late 20's and 30's. impressive.

Says: t at January 19, 2005 09:30 AM

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I wonder if he's considered the possibilty of the John Fogerty scenario, where he could get sued for plagiarizing himself?...

Says: LDH at January 19, 2005 11:24 AM

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