NEW YORK (CelebrityAccess) – Primary Wave Music Publishing has acquired a stake in the music catalog of Grammy award-nominated guitarist, singer, songwriter and actor Dave Navarro.
Navarro is a member of alternative rock band Jane’s Addiction and a former member of Red Hot Chili Peppers.
Included in the deal, which also covers Navvaro’s master revenue streams and writer’s share royalties, are some of his biggest hits as a songwriter such as Jane’s Addiction No.1 smash, “Been Caught Stealing” and their Top 10 hit “Jane Says,” as well as the Red Hot Chili Peppers hit, “Aeroplane.”
Commenting on the deal, Lawrence Mestel, CEO & Founder, Primary Wave Music Publishing said: “We are honored to have a legendary artist such as Dave join our growing Primary Wave family. Dave’s accomplishments speak for themselves. His contributions to Jane’s Addiction and Red Hot Chili Peppers left an indelible impression, influencing future generations of musicians.”
Navarro added: “When I partnered up with Primary Wave, the first question they asked was ‘So, where would you like to see your music being heard?’. I had never before been asked for my artistic input from a corporate entity and I was instantly relieved to know that I had finally found a home for my catalog. This was something new and fresh. In addition to this being a team partnership, Primary Wave utilizes its resources to put my music in front of ears that would have otherwise never heard it. They protect their artists and their catalog.”
Navarro’s manager, Jeremy Rosen, said: “From Jane’s Addiction to Red Hot Chili Peppers to his MOURNING SON documentary to Paramount Network’s INK MASTER to his advocacy for artists and social activism, Dave Navarro is the coolest cat I know. More importantly, he is a kind, compassionate soul, who cares deeply about people, the world and his place in it. Fittingly, I was excited to introduce Dave to Primary Wave, the ideal partner to carefully and meaningfully curate his legendary rock catalog.”
Last month, Primary Wave announced a minority equity interest in Premier Music Group and in May the New-York-based company acquired a ‘multi-million-dollar’ stake in British band Culture Club’s publishing and master recording income stream.