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The Beach Boys sold a controlling stake in the group’s intellectual property to Irving Azoff’s company, Iconic Artists Group, Rolling stone reports. The sale includes the group’s main recordings and a portion of their editing, but unlike recent deals by artists like Bob Dylan and Neil Young, the Beach Boys sale also includes the rights to the brand as a whole and memorabilia from the group.
Azoff has not disclosed how much he paid for a controlling stake, but the group will retain an interest in their intellectual property. “They can make the final decision on business decisions, what we really need – what we need, I should say,” Al Jardine said. Rolling stone.
Read “What to Know About the Music Copyright Gold Rush” on the pitch.
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