Legendary drummer and founder of the band Fleetwood Mac has sold his share of the group's recordings to music company BMG.

In the late 1970s, Mick Fleetwood pulled together Stevie Nicks, Lindsey Buckingham, Christine McVie and co-founder John McVie to produce Rumours, a sound track of hits that became one of the biggest selling albums of all time and the 1978 Grammy Awards Album of the Year, according to Rolling Stone magazine.

"The deal gives BMG Fleetwood's royalty interest in over 300 recordings including all of Fleetwood Mac's biggest hits including 'Dreams', 'The Chain', 'Go Your Own Way', and 'Landslide' from albums including Fleetwood Mac (1975), Rumours (1977) and Tango In The Night (1987)," BMG said in a press release that did not provide financial details.

"This is a wonderfully inspiring marriage between two creative partners that understand all aspects of the business," Fleetwood said.

A single from the Rumours album, Dreams, went viral last year with nearly 3 billion views on TiKTok of a man skateboarding to work while drinking from a juice bottle and listening to the iconic track.

"The moment captured a new generation of fans, while its contagious vibes spread across the globe engraining it as a defining moment of 2020 and propelled Rumours into the charts worldwide, reaching No. 6 on Billboard's Streaming Songs chart 43 years after its release," BMG said.

Several artists in the past year announced the sale of song catalogues, including Nobel Prize winner Bob Dylan, Brazilian singer Shakira and another Fleetwood Mac member, Nicks, who sold both Fleetwood Mac and solo songs to a music publisher.