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Beach Boys Sell Controlling Interest in Intellectual Property to Irving Azoff s Iconic Artists Group
Jem Aswad, provided by
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Rock and Roll Hall of Famers the Beach Boys have become the latest artists to sell their catalog and other assets: The group announced Thursday that Irving Azoff’s recently launched Iconic Artists Group has purchased a controlling interest in its intellectual property, including their sound recordings, the brand, select musical compositions, and memorabilia. According to the announcement, the members of the Beach Boys and their heirs will retain an interest in their assets to “participate in the upside Iconic expects to create by actively marketing and promoting the Beach Boys.”