Joe Ramone's Music Catalog Sold for $10 Million
The legendary punk rocker's estate joins line of musicians including Springsteen, Bob Dylan in Monetizing catalog.
Late punk rock legend Joe Ramone has joined the ranks of stars whose music Catalog have sold.
Primary wave Publishing reportedly dropping around $10 million for the rights to songs like "Hey, Ho, Let's Go' And "Sheena is Puck Rockers"
The price tag was for below the $500 million Bruce Springsteen banked from selling his catalog Universal Music
The first such deal for a punk rocker.
Estates and musicians from the Beach Boys to Michael Jackson have sold catalog in recent years.
The deal was reportedly struck by Primary Wave in a new partnership with Canadian mega investment firm Brookfield Asset Management.