The estate of the late Ramones singer, Joey Ramone, has sold his music publishing to Primary Wave Music for $10 million. The deal includes non-exclusive licensing rights to Ramone’s name and likeness, a stake in the band’s catalog revenue, and would be part of a larger $2 billion partnership with Primary Wave and the company. investment company Brookfield Asset Management.
“Joey Ramone was a total original – his songwriting, style and voice are undeniably unique and instantly recognizable even today,” said Lexi Todd, vice president, business and legal affairs at Primary Wave Music in a statement. “A counterculture icon and driving force behind punk rock, Ramones demonstrated first-hand the power of music to influence culture and built a foundation that has influenced decades of musicians.”
Born Jeffrey Ross Hyman in Forest Hills, Queens, New York on May 19, 1951, Joey Ramone co-founded the Ramones in 1974 and co-wrote some of the band’s biggest hits, including “Rock n’ Roll High School” “Judy Is a Punk”, and “Do You Remember Rock and Roll Radio”, among others.
Throughout their 20 years together, the Ramones have released 14 albums together, from 1976’s self-titled debut to their last. goodbye my friends in 1995 and continued touring before breaking up in 1996. In 2002, the band was inducted into the Rock and Roll Hall of Fame and received a Grammy Lifetime Achievement Award.
Ramone has also released three EPs and several singles, including his 2002 cover of the 1967 Louis Armstrong standard “What a Wonderful World”, in addition to two posthumous solo albums of previously recorded material, including the first Do not worry about me in 2002 – released a year after his death on April 15, 2001, at the age of 49, following a battle with lymphoma – and …You know? in 2012.
“I am pleased to welcome Primary Wave as a partner in my brother’s interests at Ramones,” Joey Ramone’s brother, Mitchel Hyman (Mickey Leigh), said in a statement. “I deeply believe in their eagerness to carry on his legacy and their sincerity in doing so in a way that will never compromise his credibility. I really look forward to working with them.
Photo by Jim Steinfeldt/Michael Ochs Archive/Getty Images