New York-Harry Crosby, who was just 19 when his father Bing passed away in 1977, is now a professional singer. He is more likely to hear his dad sing “White Christmas” when he visits a Christmas party or shopping mall in December.
Over the next 11-months, he and his loved ones wanted to hear the voice more. On Monday, they announced a deal to sell Bing Crosby’s estate and transfer it to Primary Wave Music.
This is another example of how catalog copyright sales have become a booming business, most of which involve rock artists who create their own music—Bob Dylan, Paul Simon, Neil Young, and Stevie Nick Si is an example. Crosby’s deal is perhaps the most famous. This involves an ex-rock artist who mostly interprets songs that others have created.
The transaction is estimated at more than $50 million.
Crosby’s most famous song is “White Christmas”, which was performed by David Bowie as part of a television special. This came just before Crosby’s death. Few people remember Crosby’s days as a major recording artist and movie star.
Harry Crosby stated that “in the 1930s or 1940s, certain things were extremely popular, but they faded.” “People associate fathers with Christmas. But in the 1940s and 50s, they didn’t associate him with Christmas. You associate Dad with many things. This is what I want back.
His hits include “Pennies From Heaven”, “It’s Being a Long, Long Time”, “Don’t Fence Me in” and “Accentuate The Positive”.
Crosby was nominated for the Oscar for Best Actor in 1945’s “Go My Way.” He also made seven “Highway,” movies with Bob Hope, his friend and comedian. Crosby is remembered for his association with golf. He created the first professional amateur golf match and is said to have been a member of 75 clubs.
Crosby’s family includes his widow and Harry, as well as Harry’s two younger siblings. They have always been interested to see a documentary series about Bing.
The company’s founder and CEO Larry Mestel said that Primary Wave’s primary task is to increase Crosby’s digital footprint, enhance his image on Spotify, and add his music to In the playlist of a generation that is not familiar with it.
Mestel stated that they want to do business with the best people regardless of their age and genre.