Music Industry Moves: Julian Casablancas Sells a Stake in Strokes Catalog to Primary Wave, Capitol Records Signs Acraze
variety.comThania Garcia Julian Casablancas, frontman and main songwriter of the Strokes, has sold a stake in his renowned Strokes catalog to Primary Wave.Primary Wave confirmed the purchase but declined to specify exactly how much of a stake in the catalog it had purchased or how much it paid in the deal.
The sale gives the company access to tracks including platinum-certified hits “Last Nite,” “Someday” and “Reptilia.” The company also bought a stake in Casablancas’ publishing rights as well as the songs’ master rights.
It was also said that the deal only includes Casablancas’s rights from the Strokes, not his other projects (the Voidz).“Primary Wave is thrilled to partner with Julian Casablancas for his works in the Strokes,” said David Weitzman, a partner at Primary Wave. “Julian’s extraordinary talents as a songwriter, singer, and leader infuse the magic that is the Strokes.
The Strokes are one of the most important bands of this century and are beloved by a multi-generational audience who have made them a global festival headliner.” + Capitol Records has signed DJ/producer Acraze in a partnership with Thrive Music, the independent label founded by Ricardo Vinas.
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