![Joey Ramone's $10M Publishing Catalogue Sale to Primary Wave](/_next/image?url=https%3A%2F%2Fcdn.anotherblock.io%2Fdeals-content%2Fjoey-ramone-s-10m-publishing-catalogue-sale-to-primary-wave.png&w=3840&q=75)
In a significant deal for the music industry, Joey Ramone's publishing catalogue has been acquired by Primary Wave Music for a reported sum of over $10 million 1. The sale includes the rights to over 300 songs, spanning the Ramones' entire discography 2.
The Ramones, an influential punk rock band, formed in New York City in 1974 3. Joey Ramone, born Jeffrey Hyman, was the band's lead vocalist and primary songwriter 4. His distinctive voice and lyrics became synonymous with the punk genre 5.
Music publishing rights refer to the ownership and control of the copyrights to musical compositions 6. These rights include the ability to license the use of the songs in various formats, such as recordings, live performances, and synchronization in films and advertisements 7.
Primary Wave Music is a leading independent music company that specializes in acquiring and managing music catalogues 8. Their portfolio includes the works of iconic artists such as Smokey Robinson, Quincy Jones, and Tina Turner 9.
The sale of Joey Ramone's publishing catalogue is a testament to the enduring value of classic rock music 10. It also highlights the growing trend of music industry investments in music rights 11.
References
Footnotes
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Joey Ramone: The Ramones Frontman's Publishing Catalog Sold to Primary Wave for Over $10 Million ↩
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Primary Wave Acquires Joey Ramone's Publishing Catalogue for Over $10 Million ↩
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Primary Wave Music Acquires Quincy Jones' Music Catalog for $14 Million ↩
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The Growing Trend of Music Industry Investments in Music Rights ↩