James Brown estate and Primary Wave sued by Bowie Bonds creator
completemusicupdate.comThe James Brown estate and Primary Wave have been sued by an entity called The Pullman Group over the big deal that was announced last year around the late musician’s song rights, recording royalties and brand.Primary Wave announced its deal with the Brown estate last December.
It saw the music rights firm acquire a stake in the James Brown songs catalogue, as well as securing involvement in the musician’s recording royalties, plus Brown’s name and likeness rights.
But, claims The Pullman Group, that deal should not have gone ahead without its involvement.The Pullman Group is headed up by David Pullman, who all the way back in the 1990s was doing deals with musicians around their music rights and royalties.
Basically, Pullman’s investors paid artists a big upfront sum of money in return for control of their future royalties.So, it was the 1990s version of the recent trend of investors buying up music copyrights and royalty rights from premiere league artists and songwriters who are eager for a big old upfront pay day.
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