John Lennon's oldest son Julian sells his stake in his father's compositions.
Jill Stone  |  by news.aol.com. All rights reserved. 20.04 | 8:02

NEW YORK (April 13) - Julian Lennon, the 44-year-old elder son of John Lennon, has sold a financial stake in his late Publishing, a year-old New York City concern, The Wall Street
The deal is to be announced on Friday, the Journal said.

Terms of the deal weren't disclosed, the Journal said. But of the catalog was "significant.

"

The deal relates to the songwriting income generated by the compositions, as opposed to the publishing rights. The rights McCartney are owned by Sony/ATV Music Publishing.

Primary Wave last year paid an estimated $50 million for a frontman Kurt Cobain, which it bought from his widow, Courtney Love.



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Keywords: John Lennon, The Journal, New York
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