The deal also includes the Sun Records trademark, which sources say is a very profitable ingredient, as well as the business of Sun Diner and its trade in Nashville. John Singleton – Late brother Shelby Singleton Who bought back the Sun label in 1969 from founder and industry legend Sam Phillips – Sun Records will oversee operations.
“We are thrilled to be passing Sun Records on the primary wave and are confident that they will continue to reach new heights for the crown jewel of the music business created by Sam Phillips, which my brother Shelby and I have kept alive and Sun Entertainment Corp Singleton has been said to be relevant for the last 50 years.
Primary Wave Sun Records will also provide additional resources for brand expansion, which can now penetrate the company’s marketing, branding, digital strategy and licensing and sync opportunities.
“Sun Records is home to some of the biggest musical legends,” he said Larry Mestel, CEO and founder of Primary Wave, in a statement. “Sam Phillips treats all of his artists with the utmost respect and offers a place for creativity. [like] No one else. His vision of the sun aligns perfectly with the creative morality of the primary wave, and I am glad that this historic historical label is now a part of our family. “
Sun Records is currently distributed directly by label through digital licensing deals and by licensing Master through popular reissue labels such as Charlie Records and Bear Family Records.