Foreigner's Mick Jones Sells Publishing and Master Recording Catalog to Primary Wave
By
Ed Christman
Summary
Primary Wave has partnered with Foreigner's Mick Jones in a deal covering his publishing, master recording catalog, touring rights, and name/image/likeness. While specific terms were not disclosed, Primary Wave typically acquires majority stakes in artists' music assets, which likely includes Jones' publishing and his share of Foreigner's artist royalties from the band's master recordings.
Source
Twitter / XForeigner's Mick Jones Sells Publishing and Master Recording Catalog to Primary Wavebillboard.comKey quotes
· 3 pulledPrimary Wave has partnered with Mick Jones of Foreigner in a deal that includes his publishing, master recording catalog, touring, and name, image and likeness.
While terms of the deal were not disclosed, nor were specifics given, Primary Wave's modus operandi typically includes buying a majority stake in an artist's music assets.
In this case, that probably includes Jones' publishing and his share of Foreigner's artist royalties from the band's master recordings.
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