Primary Wave Publishing Acquires a Stake in Sly Stone's Catalog

So, who does the Sly and The Family Stone catalog actually belong to?

Earlier this 12 months, Larry Mestel, Founder and CEO of Primary Wave Publishing, confirmed his firm had round $400 million to spend money on music rights.

Primary Wave then acquired a controlling stake in Bob Marley’s publishing catalog.  Mestel paid Chris Blackwell, founding father of Island Records, $50 million.  Bob Marley’s property earned $23 million alone final 12 months in gross sales of audio system, espresso, and branded hashish.