The 71-old singer shared the news of his music catalog sale in a backstage interview with Associated Press on April 10 at this year’s Coachella Valley Music And Arts Festival in Indio, California.

During the chat, Roth said, “I sold my publishing eight months ago,” and told the Associated Press to “ask me how I feel.” After the Associated Press interviewer obliged, David said: “[I feel] rich. [Laughs] For the first time in my life I can rub two coins together and create a little interest. No, really.”

Good, maybe now the new owners will DO SOMETHING WITH IT and put out some new material!