The agreement includes Jones' share of the band's publishing and master recordings, along with name, image and likeness rights.
Mick Jones
Neil Preston
Primary Wave has partnered with Mick Jones of Foreigner in a deal that includes his publishing, master recording catalog, touring, and name, image and likeness. While terms of the deal were not disclosed, nor were specifics given, Primary Wave’s modus operandi typically includes buying a majority stake in an artist’s music assets. In this case, that probably includes Jones’ publishing and his share of Foreigner’s artist royalties from the band’s master recordings from its hit albums, which are not owned by the band. The deal also includes a stake in the later Foreigner albums that Jones owns, including the upcoming In the Eye of the Storm Live, to be released on July 24.
As part of the deal, Primary Wave’s marketing team and publishing infrastructure will work closely with the band and its management team on new marketing, branding, digital and synch opportunities as well as film and TV projects, according to the announcement.
