Primary Wave acquires Luther Vandross rights
Primary Wave Music has signed a new deal with the Luther Vandross estate, which sees it acquire a stake in various rights in the late musician’s music and likeness.The music company already worked with the estate, and following this deal now owns a portion of Vandross’s publishing catalogue, recording revenues, and name and likeness rights. It has reportedly paid the estate $40 million, although it is not known how large a stake it has taken.“We are delighted to join forces with Larry and Primary Wave”, says Carmen J Romano of FBBM Entertainment Business Management, speaking for the estate.