Primary Wave Acquires Majority Stake in Air Supply’s Music Publishing Catalog and Artist Master Royalty Stream

Primary Wave has acquired a 70% stake in Air Supply’s music publishing catalog and artist master royalty stream directly from band members Graham Russell and Russell Hitchcock. Air Supply is an Australian soft-rock duo that has sold more than 200 million albums worldwide and whose hits include "All Out Of Love," "Lost In Love," "Making Love Out Of Nothing At All" and "The One That You Love".

Primary Wave has acquired the music publishing and master royalty streams of Gasoline Alley, Inc. The deal encompasses Gasoline Alley's joint venture with Universal Music Publishing Group, which includes works from Gasoline Alley signees such as ska punk band Sublime. Sublime rose to fame in the mid-1990’s with hits "Santeria," "Badfish," "Wrong Way" and "Doin' Time." The agreement also includes Shai's 1992 R&B single "If I Ever Fall In Love."

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