Sale of Father's Work
In 2007 Lennon sold off a "significant" share of his stake in his father's catalogue of work, in exchange for an undisclosed sum, and the agreement that the purchasing company, Primary Wave, would market and promote his new material. The stake entitles Primary Wave to a portion of all royalties on the catalogue.
Read more about this topic: Julian Lennon
Famous quotes containing the words sale of, sale, father and/or work:
“I hate this shallow Americanism which hopes to get rich by credit, to get knowledge by raps on midnight tables, to learn the economy of the mind by phrenology, or skill without study, or mastery without apprenticeship, or the sale of goods through pretending that they sell, or power through making believe you are powerful, or through a packed jury or caucus, bribery and repeating votes, or wealth by fraud.”
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