Primary Wave has acquired a 70% stake in Australian soft-rock duo Air Supply's music publishing catalog and artist master royalty stream.
's music publishing catalog and artist master royalty stream, the company announced Wednesday . The multi-million dollar deal includes hit singles such as “All Out Of Love,” “Lost In Love,” “Making Love Out Of Nothing At All” and “The One That You Love,” which hit No. 1 on the Billboard Hot 100 in July 1981.Russell Hitchcock
. Under the agreement, Primary Wave will work with the pair to market their catalog while also pitching licensing and sync opportunities, though it does not include publishing administration rights, which remain with Universal Music Publishing Group and Warner Chappell. Master rights to the songs remain with the labels; Sony Music owns the rights to the group's biggest songs.
“Graham and Russell are two of the nicest human beings in the music industry and they have created some of the most memorable love power ballads in history,” said Primary Wave founder and CEOAdded Russell and Graham, “We are thrilled to share the future with the progressive and talented people at Primary Wave.”'s Arista Records in 1980. They have racked up eight top 10 hits on the Hot 100 and sold more than 20 million albums worldwide.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: Ahead of 2020 election, a 'Blue Wave' is rising in the cities, polling analysis showsAs Republican President Donald Trump seeks a second term in November, Americans&...
Read more »
Boy Scouts seek bankruptcy under wave of new sex abuse lawsuitsThe move comes after the deadline for filing childhood sexual assault claims was extended in California and other states.
Read more »
Wine is expected to get a lot more affordable due an oversupply of California grapes - Business InsiderHigher-quality wine for cheaper is a win for consumers, but likely means growers will have wasted supplies and shrinking incomes.
Read more »
Wine is expected to get a lot more affordable due an oversupply of California grapesHigher-quality wine for cheaper is a win for consumers, but likely means growers will have wasted supplies and shrinking incomes.
Read more »