The Beach Boys sell the rights to their intellectual property
nme.comThe Beach Boys have sold the rights to their intellectual property, becoming the latest artist to hand over their copyright to another party.In recent months, the likes of Bob Dylan, Neil Young, Stevie Nicks and Lindsey Buckingham have all sold off the rights to their back catalogues.The Beach Boys have now sold the rights to their entire brand to music industry veteran Irving Azoff’s Iconic Artists Group.
The amount Azoff has paid in the deal has not been made public at present but, in return, he now owns the group’s master recordings, the rights to the Beach Boys’ name, their likenesses, a share of their publishing rights and all memorabilia.As part of the deal, the band will still own an interest in their assets, but Iconic has the power.
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