Robert Plant's £3 Million Dividend Payouts: Insights into His Music Royalties and Business Ventures
Robert Plant, the legendary musician, received dividend payouts totaling £3 million from two of his businesses, as indicated by recent company filings. The documents, released by Trolcharm and Sons Of Einion, UK-based businesses managed by Plant for his music career and album sales income, show that the businesses distributed a total of £3 million in dividends to an unnamed director during the 12-month period ending on March 31. Trolcharm paid out £1.75 million, while Sons of Einion distributed £1.25 million in dividends, according to the company filings. This amount is lower than the previous year's total dividend payout of £7 million, as reported earlier by LedZepNews.
Although Robert Plant is not directly mentioned as the recipient of the dividend payments in the accounts, both businesses state that the money was "paid to the director," who is Plant. He serves as a director of both companies, along with his children Logan Plant, Jordan Plant (known as Jesse Lee), and Carmen Jones. The company filings were made publicly available by Companies House, the UK government's register of companies.
The dividend payments to Plant offer insight into the music royalties he receives from Led Zeppelin album sales and streams, as well as his solo career. Sons Of Einion was highlighted during the 2016 copyright trial related to "Stairway To Heaven" as a "pass-through entity" used by Plant to collect royalties from the 87 Led Zeppelin songs he co-wrote. In the same trial, it was revealed that Plant received £2.1 million in royalty payments through Sons Of Einion for the period from May 2012 to March 2013. Trolcharm also seems to handle Plant's Led Zeppelin royalties, as indicated by an accounting statement presented as evidence during the 2016 copyright trial in the US.
The royalties received from Led Zeppelin album sales have been a closely guarded secret within the band. Led Zeppelin has maintained secrecy around this topic to the extent that over 1,100 pages of deposition transcripts from the 2016 trial remain sealed, marked as either "confidential" or "highly confidential" by the band's legal team. The recent dividend payouts provide a glimpse into the financial aspects of Plant's music career and the royalties he continues to receive.