Looking back, Todd Rundgren does not regret selling off his production points on Meat Loaf's classic album Bat Out Of Hell. The album has been certified platinum over 14 times in the U.S. alone.
"The actual number is contested, although it's generally considered to be in the top five-selling albums of all time," Rundgren tells The Guardian.
"I don't actually collect royalties for it any more. I decided to opt out - I wanted to move to Kauai and get this particular piece of property. So I offered my points to Meat Loaf and Sony and said: 'Just buy me out.' They did, and that's why I'm living in Kauai right now. And I've never regretted that decision."
Rundgren adds that he never made that kind of money again:
"My very first royalty check was for three quarters of a million. I haven't seen one like it since."
For comments and feedback contact: editorial@rttnews.com
Entertainment News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.