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The iconic Memphis record label Sun has been sold to a New York based music company known as Primary Wave
The sale price is 30 million dollars. The new owners will acquire 6 thousand masters plus rights to the logo & branding.
Sun was founded in 1952 by the legendary Sam Phillips who himself sold the label to Shelby Singleton in 1969.
The Singleton family has owned Sun records for the last 52 years until this recent sale late last month
Last edited by unclefester (February 3, 2021 12:50 am)