Stevie Nicks has sold a controlling interest in her publishing rights for $100 million. (Photo by Dia Dipasupil/FilmMagic)
The purchase also gives Primary Wave the rights to Nicks’ name and likeness, and the singer will be allowed to sign new songwriters to a joint venture.
“To say we’re excited to welcome the incredible Stevie Nicks to the Primary Wave family would be a dramatic understatement,” CEO and founder Larry Mestel said. “If Primary Wave were starting our company today, Stevie Nicks would be one of the shining pillars, a true legend among legends.”
He added: “She is a groundbreaking artist, and the longevity of her iconic career comes from writing songs, instantly recognizable and critically acclaimed, that stand the test of time.”
Rights to Stevie Nicks’s name and likeness were also sold in the deal. (Photo by Jason LaVeris/FilmMagic)
Nicks recently saw a surge in revived popularity alongside her Fleetwood Mac bandmates when “Dreams” reentered the Billboard charts following a viral TikTok video featuring a man skateboarding and lipsyncing to the tune.
Originally released in 1977, “Dreams” was featured on the iconic album “Rumours.” The record as a whole also rose in popularity and hit the top 10 chart this year, 43 years after its release.