Lennon Sells Beatles Stake
JOHN LENNON’s eldest son JULIAN has sold his financial stake in the late BEATLE’s songs.
The 44-year-old handed over the rights to Primary Wave Music Publishing for a ’significant’ sum, rumoured to be higher than the $50 million the same company paid for a 50 per cent stake in Kurt Cobain’s music publishing catalogue last year.
The deal relates to the songwriting income generated by the Beatles compositions as opposed to the publishing rights.
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