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Britney Spears has reportedly sold her music catalogue and an unclear number of other rights to Primary Wave.
Details were unclear but TMZ estimated the deal to be in the low nine figures.
It seems safe to assume that Spears’ artist royalties and publishing rights were included in the deal.
The TMZ report, which is based on legal documents the publication says it has viewed, states that she sold “her ownership share of her catalogue” to Primary Wave; it notes that the price was not included in the legal documents.
Spears has songwriting credits on nearly 40 of the songs in her catalogue, although few of them were major hits apart from the ballad “Everytime” and fan favourites like “Me Against the Music,” “S&M,” “Work B!” and others.
TMZ speculates that It seems extremely unlikely that Spears’ rights to her name and likeness were included in the deal, unless it was for exponentially more than the price.
