Home Alternative Music Led Zeppelin Is For Sale, Will Greta Van Fleet Purchase?

Led Zeppelin Is For Sale, Will Greta Van Fleet Purchase?

Led Zeppelin Is For Sale, Will Greta Van Fleet Purchase?


It has come to gentle that 10% stake in Led Zeppelin’s catalog is on the market, with followers hoping Greta Van Fleet might purchase in, particularly because the proficient younger rockers are closely influenced by the mighty Zeppelin. The stake is being offered by Helen Grant, daughter of the band’s former supervisor, Peter Grant, who beforehand held 20% and left 10% to every of his two youngsters following his loss of life in 1995. Information of the sale was first reported in an interview with Helen Grant in The Occasions.

“Her father managed Led Zeppelin and owned 20% of the Zeppelin firms,” Ian Penman of New Media Regulation, the agency dealing with the sale, confirmed to Music Enterprise Worldwide. “So [the deal] is kind of uncommon in that respect, as a result of it contains logos. It contains the title. The title, Led Zeppelin, is owned by an organization that Helen co-owns.”

Penman added that Grant had “thought-about promoting the rights earlier this yr” and has been approached with “a number of presents and excessive curiosity from a few of the largest names within the enterprise.”

It’s not recognized precisely how a lot your complete Led Zeppelin catalog is value at this time, however in 2016, in a court docket case involving copyright infringement of “Stairway to Heaven,” it was revealed that the full income for the catalog was $58.5 million.

In recent times, a number of basic rock artists have offered their publishing and royalty rights for thousands and thousands of {dollars}, together with Bruce Springsteen, Stevie Nicks and Bob Dylan.)

The surviving members of Led Zeppelin – Robert Plant, Jimmy Web page and John Paul Jones – usually are not concerned within the Grant sale. Penman additionally confirmed that Grant continues to be in talks with a number of events.

“[Deals like this] simply by no means occur actually,” he stated. “And particularly on certainly one of your all-time favourite bands. It’s a dream world to be concerned with the story in any respect.”



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