Larry Mestel - celebsbar.com

Purple Rain, Prince‘s smash 1984 music-packed film, is being developed for the stage by a Broadway producer, with a book by two-time Pulitzer Prize finalist Branden Jacobs-Jenkins and direction by Tony nominee Lileana Blain-Cruz.

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‘Melissa Etheridge: My Window’ Headed To Broadway In Limited Nine-Week Residency

Melissa Etheridge is heading to Broadway with her theatrical event Melissa Etheridge: My Window. The limited nine-week residency will begin Thursday, September 14, with the official opening being on Thursday, Septmber 28, at the Circle in the Square Theatre.

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Sarah McLachlan Sells Majority Stake in Catalogs to Primary Wave (EXCLUSIVE)

Jem Aswad Senior Music Editor Primary Wave Music has struck a partnership with multiple Grammy and Juno Award-winning Canadian singer-songwriter Sarah McLachlan that sees the company acquiring a majority stake in her songwriting and recorded-music catalog. Further terms of the deal were not disclosed, but it includes such hits as “Angel,” “I Will Remember You,” “Hold On,” and more. Following the success of her 1993 breakthrough album, “Fumbling Towards Ecstasy,” the singer has sold more than 40 million albums worldwide, received three Grammy Awards and twelve Juno Awards and has been inducted into the Canadian Music Hall of Fame.

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Primary Wave Music Founder Larry Mestel on the Booming Song-Catalog Market, and How He Plans to Spend $2 Billion

Jem Aswad Senior Music Editor Bruce Springsteen and Bob Dylan selling their catalogs for $600 million, Genesis and Phil Collins for $300 million, Stevie Nicks for $100 million — over the past few years dozens of artists have sold the rights to their music catalogs for eight or nine figures. There are all kinds of reasons why this is happening: Artists are getting older and are basically estate planning, the pandemic proved that copyrights can be a great investment, and the booming market is bringing more and more buyers and sellers to the table. But what do you do with that catalog once you’ve bought it? The old approach was to basically to sit and wait for the songs to make money — through radio, sales, use in films or TV shows or advertising campaigns, Broadway shows and lots of other ways.

Bruce Springsteen Bing Crosby Bob Dylan Luther Vandross Whitney Houston Stevie Nicks Ray Charles Phil Collins Bob Marley James Brown Jem Aswad-Senior Larry Mestel Houston show Waves Music

Primary Wave Music Strikes $2 Billion Deal With Brookfield to Invest in Music Copyrights

Jem Aswad Senior Music Editor Primary Wave Music, a top player in the music-catalog and publishing boom, has joined forces with Brookfield Asset Management in a $2 billion deal to invest in music copyrights, the companies confirmed. The news was first reported by the Wall Street Journal. Brookfield, which is new the space, will take a significant minority interest in Primary Wave, and commit $1.7 billion to fund a permanent capital vehicle focused on acquiring music rights from top acts. Primary Wave Music is primarily a music publisher but has become a leader in the catalog-acquisition business with its ability to market those catalogs biographical films, Broadway shows, song interpolations and brand deals. Its assets include interests in the catalogs of Whitney Houston, James Brown, half of the Prince estate, Fleetwood Mac’s Stevie Nicks and more.

Whitney Houston James Brown Jem Aswad-Senior Larry Mestel Joey Ramone Houston reports Waves Music

Whitney Houston Special Featuring Unseen Footage to Premiere on CBS

Sasha Urban editorEntertainment Tonight will release never-before-seen footage of the late Whitney Houston in the new CBS special, “Whitney, a Look Back,” set to air on April 2 at 8 p.m. on CBS and available to stream the next day on Paramount Plus.Entertainment Tonight, which is also producing the special, will release the footage from its vault, in addition to new interviews with stars including Dionne Warwick, Clive Davis, CeCe Winans, Monica and Kelly Price.

Whitney Houston Naomi Ackie Clive Davis Kelly Price Dionne Warwick Larry Mestel Houston stars death Waves

10 Years After Whitney Houston’s Death, the Singer’s Estate Sees Quadruple Growth in Earnings

Geoff Mayfield Ten years ago today, the world lost Whitney Houston. She was 48 years old and on the precipice of a long-awaited comeback that was tragically cut short the night before the 2012 Grammy Awards.

Whitney Houston Steve Winwood Pat Houston Larry Mestel Houston film Waves Music

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Primary Wave announces deal with Gerry Goffin estate

Primary Wave Music announced a deal on Friday with the estate of Gerry Goffin, who co-wrote songs like ‘The Loco-Motion’, ‘Will You Still Love Me Tomorrow’, ‘So Sad The Song’ and ‘Saving All My Love For You’. Through the deal – which is reportedly worth $20 million – Primary Wave has acquired a stake in the revenues generated by Goffin’s catalogue.Confirming the deal, Primary Wave boss Larry Mestel says: “The songs Gerry Goffin penned over the course of his incredible career have proven to be ageless and have stood the test of time.

Larry Mestel Gerry Goffin county Love song Waves Music

Sony signs on for Whitney Houston biopic ‘I Wanna Dance With Somebody’

I Wanna Dance With Somebody.The studio, along with its TriStar division, will helm the project written by Bohemian Rhapsody‘s Anthony McCarten and directed by The Photograph‘s Stella Meghie. A November 2022 cinema release is promised as part of the deal.I Wanna Dance With Somebody has the backing of Houston’s estate as well as music producer Clive Davis.

Whitney Houston Clive Davis Nicole Brown Stella Meghie Anthony Maccarten Pat Houston Larry Mestel Denis Osullivan Houston dance Pop death Music

How We Work Now: Primary Wave Founder/CEO Larry Mestel

In a new series amid the coronavirus pandemic, Billboard is asking individuals from all sectors of the music business to share stories of how they work now, with much of the world quarantined at home and unable to take in-person meetings, attend conferences or even go into the office. Submissions for the series can be sent to HowWeWorkNow@Billboard.com.

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