Indeed, 2020 has seen a surge in sales of major catalogs. Meanwhile, this year has seen unprecedented publishing deal prices - as songwriters look for another source of revenue amid the pandemic and investors view publishing as a stable investment at an uncertain time. Biden has proposed increasing the top federal tax rate on capital gains from 20% to 40%, and such a change would raise tax bills for songwriters selling major catalogs considerably. presidential election has some songwriters scrambling to sell their publishing rights. The announcement comes as Joe Biden’s win in the U.S. Why The Music Publishing Market Is Still Booming - And How Long The Party Will Last Nicks’ longtime manager Sheryl Louis and attorney Jamie Young negotiated the deal. She is the only woman to have been inducted into the Rock and Roll Hall of Fame twice: First in 1998 as a member of Fleetwood Mac, and again last year as a solo artist. Over the course of her career, the 72-year-old Nicks has earned five Grammy Award nominations and a win for album of the year ( Rumours) as part of Fleetwood Mac, as well as another eight Grammy nominations as a solo artist. “She is a groundbreaking artist,” he continued, “and the longevity of her iconic career comes from writing songs, instantly recognizable and critically acclaimed, that stand the test of time.” “If Primary Wave were starting our company today, Stevie Nicks would be one of the shining pillars, a true legend among legends.” “To say we’re excited to welcome the incredible Stevie Nicks to the Primary Wave family would be a dramatic understatement,” said Primary Wave founder/CEO Larry Mestel in a statement.
Finally, the deal also calls for a strategic publishing alliance that will allow Nicks to sign new songwriters to a joint venture.ĭoes TikTok Have More 'Dreams' Up Its Sleeves? That includes solo hits like “Edge of Seventeen” and “Stand Back,” along with Fleetwood Mac classics such as “Landslide” and “Dreams” - the last of which recently enjoyed a TikTok-fueled resurgence, landing Nicks atop Billboard‘s Hot 100 Songwriters chart.Īdditionally, Primary Wave will represent Nicks in brand alliance and brand marketing opportunities, and offer the artist access to its marketing, branding, Broadway, film and television, digital strategy, licensing and synch teams. Under the deal, Primary Wave will acquire a majority stake in Nicks’ publishing copyrights, as well as her name and likeness, partnering with Kobalt on administration for the catalog. This year's festival will take place on September 21st and 22nd.Legendary singer-songwriter and Fleetwood Mac frontwoman Stevie Nicks has struck a new and far-reaching partnership with Primary Wave Music Publishing, which spans a joint venture, majority stake in her copyrights and more, the company announced Friday (Dec. PT via /Tickets, which is also where tickets for the Daytime Stage will also be available.įor more details about the iHeartRadio Music Festival visit /festival. Tickets will go on sale to the general public on June 15 at 1 p.m. PT, Capital One cardholders will have access to a limited number of tickets through a special pre-sale for the iHeartRadio Music Festival by heading to /CapitalOne. anything can happen. Beginning today, June 12th at 1 p.m.
Stevie Nicks ONSTAGE! Also taking the stage at T-Mobile Arena this year are: Justin Timberlake, Jack White, Carrie Underwood, Mariah Carey, Imagine Dragons, Jason Aldean, Sam Smith, Luke Bryan, Lynyrd Skynyrd, Panic! At The Disco, Kelly Clarkson, Shawn Mendes, Kygo, Rae Sremmurd, Logic and more, and it's hosted by Ryan Seacrest.Īdditionally, fans can expect some amazing one-of-a-kind collaborations and surprises, because as iHeartRadio Music Festival history shows.
The iHeartRadio Music Festival lineup has just added Fleetwood Mac to take the stage at the T-Mobile Arena in Las Vegas this year.
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