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article imageJulian Lennon Goes Into Partnership With Company From Selling His Share Of Beatle Songs

By Michelle Duffy     Apr 13, 2007 in Entertainment
At a time when it has been announced that the extensive collection of Beatles albums will be now on iTunes, Julian Lennon has gone ahead and sold a large proportion of his share in songs that belonged to his father, John Lennon
It must have been a tough decision when legendary, John Lennon's son decided to sell a significant chunk of his father's share of Beatles songs. The share being, the songs that John wrote.
When John was shot in November 1980, the rights to his songs went automatically to his family, so therefore, they were divided up. The share that was sold recently, has been bought by a company called Primary Wave.
It means now that Julian Lennon will be in partnership of the songs as well as allowing the company to support John's eldest son in a new musical project that he is currently working. It is a case of back scratching, it would seem.
"We are thrilled to be partnering with Julian Lennon and to own a piece of music history," Primary Wave's chief executive Larry Mestel said. Julian Lennon will be releasing a new album later on this year
The company is an American music publishing group who, because of the sale, are now entitled to royalties every time a Lennon song is played publicly or brought.
However, in the agreement of the sale of the share, it means that the company are entitled to royalties - not ownership of the recordings.
The singer/songwriter, Julian Lennon has said about the sale, "I felt it was the appropriate time to take on a partner for both my interest in my father's legendary music and for my future music endeavours."
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