#The Beach Boys Sell Controlling Interest in Their Masters and Brand

The Beach Boys have sold a controlling interest in the group’s intellectual property to Irving Azoff’s company Iconic Artists Group, Rolling Stone reports. The sale includes the group’s master recordings and a share of their publishing, but unlike recent deals struck by artists like Bob Dylan and Neil Young, the Beach Boys’ sale also includes the rights to the brand as a whole and the group’s memorabilia. 

Azoff has not disclosed how much he paid for a controlling stake, but the band will retain an interest in their intellectual property. “They can make the final decision on business decisions, which is what we really need—what we have needed, I should say,” Al Jardine told Rolling Stone.

Read “What to Know About Music’s Copyright Gold Rush” on the Pitch.