The Last Bass Outpost

Main Forums => The Outpost Cafe => Topic started by: Dave W on January 30, 2021, 12:12:57 AM

Title: Sun Records sold
Post by: Dave W on January 30, 2021, 12:12:57 AM
Sun Records, one of the key labels in rock 'n' roll history, purchased by New York company Primary Wave in reported $30M deal (https://www.commercialappeal.com/story/entertainment/music/2021/01/28/sun-records-memphis-label-bought-new-york-primary-wave/4292383001/)
Title: Re: Sun Records sold
Post by: Rob on January 30, 2021, 08:21:17 AM
Anticipating changes in estate planning and capital gains?
Title: Re: Sun Records sold
Post by: Dave W on January 30, 2021, 05:37:44 PM
That could be, but Shelby Singleton died in 2009. Wouldn't his estate have been settled long ago? Probably just the right time for his heirs to move it.
Title: Re: Sun Records sold
Post by: Rob on January 31, 2021, 03:04:50 PM
Quote from: Dave W on January 30, 2021, 05:37:44 PM
That could be, but Shelby Singleton died in 2009. Wouldn't his estate have been settled long ago? Probably just the right time for his heirs to move it.
Should have been but they are facing a tax lift if they wait.!
Title: Re: Sun Records sold
Post by: Dave W on January 31, 2021, 11:39:43 PM
Quote from: Rob on January 31, 2021, 03:04:50 PM
Should have been but they are facing a tax lift if they wait.!

Don't get me going about that. I could tell you a story from my own family about the hazards of not settling an estate quickly.
Title: Re: Sun Records sold
Post by: Dave W on February 11, 2021, 10:34:25 PM
Another Sun Records story (https://www.musicbed.com/blog/music/pure-musicianship-and-digging-up-gold-a-conversation-with-sun-records/)
Title: Re: Sun Records sold
Post by: Pilgrim on February 12, 2021, 10:07:19 AM
Interesting stuff. It would be great to hear some of those discovered cuts on the air - if there's room in today's market.
Title: Re: Sun Records sold
Post by: Dave W on February 12, 2021, 02:56:11 PM
Quote from: Pilgrim on February 12, 2021, 10:07:19 AM
Interesting stuff. It would be great to hear some of those discovered cuts on the air - if there's room in today's market.

Anything they choose to release will sell well in Europe. There's definitely a market there.