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Primary Wave Music has not too long ago struck two new catalog offers for a mixed $60 million.

Firstly, the agency has spent $20 million on a stake in Paul Rodgers’ music publishing catalog for Free and Bad Company, in addition to his grasp recording earnings streams for each bands.

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Secondly, Primary Wave has acquired Gerry Beckley’s and Dewey Bunnell’s rights in the America music catalog, in a deal value $40 million.

The worth of each acquisitions have been reported by the Wall Street Journal, which citing individuals near the offers, states that each passed off in 2021.

The WSJ additionally reviews that Primary Wave, which has over $1 billion to spend on copyrights, “is gearing up to spend $500 million to $600 million” this 12 months.

In the previous six months alone, New York-headquartered Primary Wave has acquired rights to music by the likes of PrinceBing CrosbyLuther VandrossChris IsaakTeddy PendergrassGerry GoffinJames Brown

The agency’s acquisitions additionally embrace rights to music by TOTO drummer Jeff Porcaro, Survivor’s Jim Peterik, and The Waterboys’ Mike Scott, whereas moreover buying the legendary Sun Records label.

Rodgers is a singer, songwriter, and multi-instrumentalist, who, since beginning his profession in 1968, has written, recorded, launched, and produced 30 albums and has bought 90 million albums. 

Over the course of his five-plus decade profession, he has fashioned and led a number of bands, together with Free and Bad Company, to worldwide success.

According to Primary Wave, phrases of the cope with Rodgers will even see him create an imprint to be distributed by Sun Records the place he’ll co-sign new artists and curate compilations for the legendary report label.

Primary Wave purchased Sun Records in a $30 million deal, which included masters for Johnny Cash and Jerry Lee Lewis, in January 2021.

Meanwhile, Primary Wave’s deal for Gerry Beckley’s and Dewey Bunnell’s rights in the America music catalog additionally consists of a number of re-records that embody a few of the London-born band’s largest hits, in addition to sure title and likeness rights.

Included in the deal are a few of the band’s largest hits written by Beckley and Bunnell reminiscent of Sister Golden Hair, Ventura Highway, and Tin Man.

According to Primary Wave, extra deal phrases will now see Gerry Beckley and Dewey Bunnell acquire entry to Primary Wave’s complete advertising staff, digital staff, branding staff and publishing infrastructure which incorporates licensing and synch alternatives.

Songs included in Primary Wave’s cope with Rodgers embrace hits for Free and Bad Company reminiscent of Feel Like Makin’ Love, Shooting Star, Wishing Well, Fire & Water and extra.

In 1970, Free’s All Right Now shot straight to the highest of the charts in greater than 20 international locations. The band’s six studio albums, in addition to a number of reside recordings and compilation albums, helped Free develop into one of many highest grossing British acts in the world.

Rodger’s fashioned Bad Company with guitarist Mick Ralphs in 1973. The Grammy nominated Bad Company had a number of albums in the Top 5 and would go on to promote over 40 million albums worldwide.

“Innovative, hardworking, cutting edge and courageous are just some of the adjectives that define Primary Wave.”

Paul Rodgers 

Paul Rodgers stated: “Innovative, hardworking, cutting edge and courageous are just some of the adjectives that define Primary Wave.

“Given their deep knowledge of my catalogue, joining forces with them seems a natural progression, to ensure that the messages and the music live on for the fans.”

“Now that Paul has expanded his partnership with Primary Wave, everything in the world is All Right Now.”

Larry Mestel, Primary Wave Music

Larry Mestel, CEO & Founder, Primary Wave Music, stated: “Paul Rodgers is one of, if not the greatest, singer in rock history.

“Now that Paul has expanded his partnership with Primary Wave, everything in the world is All Right Now.”

 “We are pleased that our catalogue is now in the able hands of the good folks at Primary Wave, where the music we have created over the last 50 years will be given new attention and exposure.”

Dewey Bunnell

Dewey Bunnell stated: “We are pleased that our catalog is now in the able hands of the good folks at Primary Wave, where the music we have created over the last 50 years will be given new attention and exposure.

“We are proud of the music we produced across these decades, and look forward to watching the catalogue continue to enhance listeners’ lives for generations to come through the vision and actions of Primary Wave. Meanwhile, we continue to actively pursue our careers as songwriters and performers into the 21st Century.”

Adam Lowenberg, Chief Marketing Officer at Primary Wave Music, stated: “It is an honor and a thrill to add the greatness of America and the songs of Gerry and Dewey to the icons and legends of Primary Wave.”

“The songs of AMERICA were the cornerstone of my youth. You could not turn on the radio without hearing one of their classic rock hits.”

Barbara Rose, Primary Wave 

Barbara Rose, Partner in Primary Wave Music’s administration division, stated: “The songs of AMERICA were the cornerstone of my youth. You could not turn on the radio without hearing one of their classic rock hits.

“Fifty years later, these songs still resonate with positive and uplifting memories of a time gone by. We are excited to work with Gerry and Dewey and their team on preserving these memories for future generations.”


MBW estimates that at the least $5 billion was spent on music rights acquisitions in 2021.Music Business Worldwide



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