Catalog cover

Julian Casablancas sells his stake in the Strokes catalog

Julian Casablancas has sold a stake in the Strokes catalog for an undisclosed amount to Primary Wave, rolling stone reports. The sale includes part of the publishing rights and mastering rights, although Primary Wave did not reveal whether it would retain any part of its stake or the value of the deal. The sale only includes Casablancas’ rights to Strokes’ music, not his other projects, a rep for Primary Wave said. RS.

Casablancas is the latest legacy artist to cash in on the music copyright gold rush, joining Bob Dylan, Neil Young and dozens of others in prioritizing quick payout over uncertain future earnings . (For comparison, Stevie Nicks sold a stake in her publishing rights for $100 million.) rolling stone in a report. “Julian’s extraordinary talents as a songwriter, vocalist and frontman inspire the magic that is The Strokes. The Strokes are one of the most important bands of this century and are loved by a multi-generational audience that has made them a global festival headliner.

What to know about the music copyright gold rush