Air Supply Sells Music Catalog to Primary Wave: A Closer Look

In a recent music rights deal, Australian soft rock legends Air Supply sold a portion of their catalog to Primary Wave Music Publishing. The financial details of the agreement were not disclosed.

Air Supply, formed in 1975, is known for their romantic ballads and hits like "Making Love Out of Nothing At All," "The One That You Love," and "All Out of Love." Their music has sold over 50 million records worldwide.

Primary Wave, a leading independent music publishing company, has a diverse catalog that includes songs by Prince, Smokey Robinson, and Carole King, among others. The acquisition of Air Supply's catalog expands their repertoire in the soft rock genre.

Music catalog sales have become increasingly popular in the music industry as a way for artists to secure a steady income stream. These sales often involve the transfer of various types of music rights, including performing rights, mechanical rights, and synchronization rights.

According to the Music Rights Clarified blog, "Music rights are the legal permissions that allow someone to use copyrighted musical works. These rights include the right to reproduce, distribute, perform, and create adaptations of the work."

Music rights societies, such as ASCAP and BMI, collect and distribute royalties for the use of their members' music. They play a crucial role in ensuring that artists are fairly compensated for the use of their music.

Who owns the right to music can be a complex issue, as it depends on various factors, including the specific terms of the original recording contract and any subsequent assignments or transfers of music rights.

For more information on music rights and the music industry, check out the following resources:

Sources:

Stay up to date.
Join our newsletter.