Britney Spears Sells Music Catalog to Primary Wave
Britney Spears has successfully sold a portion of her music catalog to Primary Wave Music. This deal marks a significant step for the pop icon, known for her remarkable collection of hits.
Details of the Music Catalog Sale
The transaction involves some of the most renowned songs in modern pop history. Notable tracks included in the catalog are:
- “Oops!… I Did It Again!”
- “…Baby One More Time”
- “Gimme More”
- “Circus”
- “Not A Girl, Not Yet A Woman”
The financial specifics of the agreement remain undisclosed. However, reports suggest the deal could be similar in value to Justin Bieber’s $200 million catalog sale completed in 2023.
Types of Rights Sold
It’s still uncertain what precise rights Primary Wave acquired in the deal. Sony Music maintains ownership of Spears’ recorded catalog. Furthermore, Spears is not credited as a songwriter on most of her major hits. Consequently, the rights she sold primarily pertain to her recorded music, rather than song compositions.
Background Context
This sale follows a transformative period in Britney Spears’ life. In 2021, she was released from a 13-year conservatorship. She tied the knot with Sam Asghari in 2022, although they later separated. In 2023, Spears released her memoir, “The Woman in Me,” which generated considerable media attention.
Universal acquired the film rights to her memoir in 2024. The upcoming biopic will be directed by Jon M. Chu and produced by Marc Platt.
Primary Wave Music’s Role
Primary Wave is recognized for its strategic acquisitions in the music industry. The company has previously secured catalogs from famed artists such as:
- Stevie Nicks
- The estates of Prince
- Whitney Houston
- Biggie Smalls
Known for revitalizing acquired copyrights, Primary Wave implements programs known as “flip camps.” These initiatives allow songwriters to reinterpret older tracks for modern audiences. The company was also involved as a producer in the 2022 Whitney Houston biopic, “Whitney Houston: I Wanna Dance With Somebody.”
This ongoing story will be updated as new information becomes available.
