Primary Wave has announced that it acquired historic Sun Records. The deal encompasses master recordings of some of the best known rock and roll songs of all time, including “Great Balls of Fire” by Jerry Lee Lewis, “I Walk the Line” by Johnny Cash, and “Blue Suede Shoes” by Carl Perkins, as well as all of the music publishing interests owned by Sun and the iconic Sun Records logo and all other trademarks owned by Sun, including that of Nashville’s Sun Diner.
Lisa Alter was recently quoted in Brian Welk’s TheWrap article "Inside ‘Tidal Wave’ of Song Catalog Sales: Why Neil Young, Bob Dylan and More Are Cashing in." The piece focuses on the recent trend of well-known artists selling their song catalogs for giant price tags. Lisa offered her insight on the topic, explaining why this trend is occurring. (Subscription required to read the full article.)
The firm is pleased to announce that Lisa Alter has been named to The Hollywood Reporter's first-ever "New York Power Lawyers" feature, which spotlights the most influential attorneys in the entertainment industry who are based on the East Coast. The exclusive list focuses on only 20 NYC-area attorneys who are setting themselves apart from their peers in the media, music, fashion and theater industries.
The firm is proud to announce that Lisa Alter was selected for inclusion in Variety's 2020 "Dealmakers Impact Report." Each year, the coveted list profiles the key players driving the most significant deals impacting the entertainment industry.
New York-based Reservoir has acquired the prolific catalog of Songwriters Hall of Famer Bob Crewe. The deal includes the late Crewe’s popular Frankie Valli & The Four Seasons singles including “My Eyes Adored You”, “Walk Like A Man”, and “Big Girls Don’t Cry”, plus other mega-hits such as “Lady Marmalade”, “Silhouettes”, and more.
Downtown Music Publishing has acquired the rights to music from the catalog of legendary songwriter and record producer William “Mickey” Stevenson. The former head of Motown A&R penned the hit “Dancing In The Street,” as well as classic songs for Eddie Holland, Gaye, Kim Weston, The Supremes, The Temptations and many others.
The firm is proud to announce that Lisa Alter has been named to Billboard’s prestigious “Women in Music” list for 2020. The highly-anticipated annual list features top women in the music industry who are creating excitement and making their marks across labels, publishing and touring.
A buyer and seller will enter into an agreement of exclusivity during which the seller cannot engage with other would-be buyers. In the past, shopping periods were drawn out and sellers received more than one bid. Today, sellers move faster and want exclusivity with buyers during the due diligence process, says Lisa Alter of Alter Kendrick & Baron. “Now buyers are really putting their best deals forward immediately and trying to lock deals up to keep them out of the hands of their competitors.” (Subscription required to read the full article.)
Alter, Kendrick & Baron and partners Lisa Alter and Katie Baron have been named to Billboard’s 2020 “Dealmakers Directory.” Each year, Billboard publishes a guide to the in-demand attorneys, consultants, appraisers and investment banks that facilitate song catalog sales.
Attorneys in the publishing business say they’re taking more calls from songwriters interested in selling before the president-elect takes office.
"We have every indication," says Lisa Alter, a founding partner at the law firm Alter Kendrick & Baron who has represented a number of creators as well as Primary Wave, "that the market for music assets will remain strong through 2021 and beyond."
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