David Crosby has sold his music catalog to famed music executive Irving Azoff’s new venture, Iconic Artists Group. The singer-songwriter signed the deal for an undisclosed sum. It includes the recorded music and publishing rights to his entire catalog, including his solo work, his work with Byrds, Crosby & Nash, CSN and CSNY. “Given our current inability to work live, this arrangement is a blessing to me and my family and I believe these are the best people to do it,” he said in a press release.
“I have known David as a friend and admired him as a great artist since our early days at Geffen Roberts Management, shortly after moving to Los Angeles,” Azoff wrote in a statement. “This is an incredible time to be involved with David and his tremendous catalog of music. He is truly one of the most prolific composers and artists in music and I am honored that he has made Iconic the steward of his timeless musical legacy. “
In December 2020, David Crosby commented on the recent flurry of purchases of high-profile music catalogs that occurred across the industry, and claimed that he, too, was looking to sell his recording and publishing rights in light of how COVID- 19 and transmission have reduced their earning capacity. . “I’m also selling mine … I can’t work … and the broadcast stole my record money,” he said. tweeted December 7. followed: “If we could charge for the records and play live, we wouldn’t be doing it. None of us.”
Read “What You Should Know About The Music Copyright Gold Rush” by Pitchfork.