Foreigner co-founder Mick Jones sells catalogue stake to Primary Wave
- Mick Jones sells a stake in his Foreigner catalogue to Primary Wave.
- Deal covers publishing, masters, touring and image rights; terms undisclosed.
- Foreigner's catalogue tops 80 million album units and is still growing.
Primary Wave Music has struck a deal with Mick Jones, co-founder of the rock band Foreigner, acquiring a stake in his music assets covering publishing, master recordings, touring, and name, image and likeness rights. Although the financial terms were not disclosed, Primary Wave typically buys a majority stake,…

