Primary Wave Music Publishing has finalized a multi-million dollar deal to acquire a majority stake in the pre-1964 music publishing catalog of soul music pioneer Ray Charles.
Terms of the agreement with Charles' heirs include a majority of the publishing and writer's share, as well as all administration rights, for some of the iconic singer, songwriter and musician's biggest hits, including "What'd I Say," "Ain't That Love," and "I Got A Woman." In turn, Charles' legacy is set to benefit from Primary Wave's publishing infrastructure, which includes digital strategy, licensing and sync opportunities, publicity, branding, and film & television production.
"We are thrilled to welcome Ray Charles into the Primary Wave family and are excited to work with his heirs to help shape the future of his legacy," said Primary Wave IP Investment Management Bill Cisneros.