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
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.