Business

Neil Sedaka sells stake in catalog to Primary Wave Music


Primary wave Music is there Acquiring shares of a music publishing companymaster recording copyright of American singer, songwriter and pianist Neil Sedaka.

Described by Primary Wave as “the world's first teenage pop sensation”, Neil Sedaka's career began in 1957 and since then he has sold millions of records worldwide and has written or co-written composed more than 500 songs for himself as well as other artists.

Some of those artists include Frank Sinatra, Elvis Presley, Connie Francis, Tom Jones, Abba, The Monkees, and The Captain & Tennille, who scored Top 10 singles with three Sedaka-penned hits, including both Grammy Award-winning Recording of the Year; Love will bind us together for a long time.

The new deal will see Primary Wave partner with Sedaka on his music publishing for all compositions written by him, as well as Sedaka's master recording rights to all recordings performed by him.

According to Primary Wave, the terms of the partnership could also see the company entering into branding rights to Sedaka's name and image.

Included in the deal are some of his biggest songs, like the No. OH! Carolhis Top Five classics calendar girl, Top 10 Happy birthday sweet sixteen, and what Primary Wave calls “green standards” card game And The Hungry Years among others.

There's also Sedaka's signature hit, Breaking up is a difficult thing to dorose to No. 1 on the Hot 100 and, along with the 1975 remake, was only the second time in history that an artist reached the Top Ten with two different versions of the same song.

Primary Wave said today (April 17) that the terms of the deal will also give Sedaka access to the company's marketing team and publishing infrastructure, including digital strategy, grant licensing, syndication opportunities and film & television production.

The National Academy of Popular Music has twice honored Sedaka, first when he was inducted into the Songwriters Hall of Fame in 1984 and in 2004 with the Sammy Cahn Lifetime Achievement Award, which recognizes recognizes outstanding work in enhancing the success of musicians.

He also had a street named after him in his hometown of Brooklyn and was awarded a star on the Hollywood Walk of Fame. He has been nominated for five Grammy Awards.

“I am delighted to enter into this partnership with Primary Wave – an organization I have long admired for their unwavering commitment and dedication to the artists they represent .”

Neil Sedaka

Sedaka said: “I am delighted to enter into this partnership with Primary Wave – an organization I have long admired for their unwavering commitment and dedication to the artists that they represent.

“After nearly 70 years in the music business, I've gotten pretty good at separating the big talkers from the real deals, and Larry and his team at Primary Wave have gotten pretty close to it, too.” that.”

Sedaka added: “I look forward to a long and prosperous relationship that will allow me to work side by side with this great organization and finally bring my extensive song collection to the spotlight and get the exposure it deserves.”

“As both singer and songwriter, Neil has created an iconic catalog that transcends decades and genres. We look forward to continuing to create new opportunities for his timeless songs together.”

Madeline Boyd

Madeline Boyd, Director of Finance & Investments at Primary Wave added: “We are delighted to welcome Neil Sedaka to the Primary Wave family.

“As both singer and songwriter, Neil has created an iconic catalog that transcends decades and genres. We look forward to continuing to create new opportunities for his timeless songs together.”


Primary Wave's latest offers arrive two months after the company announced its partnership with YMCA Village People hitmaker.

Earlier that month (February), the Primary Wave moved into Brazil through acquisition of a 50% shares in the Nas Nuvens Portfolio (NNC). That transaction valued the Sao Paulo-based company at approx 100 million USD.

In January, Primary Wave announced one rights cooperation agreement with the estate of Stone Temple Pilot Singer Scott Weiland.Music business worldwide

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