Primary Wave Reportedly Buys $200 Million Catalog

An undisclosed female artist has reportedly sold music rights to independent publisher Primary Wave for about $200 million on December 30. The deal, if confirmed, would cap a busy year-end for music asset transactions and signal continued investor appetite for established songs. Neither the seller nor Primary Wave has announced the agreement.What Is Known So FarFew details are public. The timing and reported price point suggest a large body of work or rights to high-earning compositions. Market participants ...