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Irving Azoff’s Iconic Artists Group continues to partner with artists with deep-bench catalogs — announcing on Tuesday (March 5) a deal with Roxy Music frontman Bryan Ferry to acquire half of the suave auteur’s sound recording, publishing, and name, image and likeness rights. The company, which did not disclose financial details of the deal, said it will “develop and expand the renowned artist’s musical legacy to new generations of fans.”
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The deal spans Ferry’s work with glam-turned-sophisti-pop band Roxy Music and his expansive solo career, which combined has yielded 24 albums over 50-plus years. The through-line with Roxy Music is that Ferry wrote almost every one of the group’s songs, from 1972’s art-rock debut to the group’s eighth and final album, the pop-sheened Avalon, at times co-writing with fellow longtime members Andy Mackay and Phil Manzanera. The band’s best known songs include “Love Is the Drug,” “All I Want Is You,” “Virginia Plain,” “Dance Away,” “Avalon” and radio staple “More Than This.”
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Ferry’s solo career ran parallel with his band work, starting with 1973’s These Foolish Things all the way to 2018’s Bitter-Sweet. In the middle there he scored his only UK No. 1 with 1985’s Boys and Girls, which also features one Ferry’s biggest hits in America, “Slave to Love.” (The track was further immortalized when he performed it at Live Aid, with an assist from David Gilmour.)
As for accolades, Ferry was inducted into the Rock and Roll Hall of Fame in 2019 as a member of Roxy Music, and he was awarded a CBE in 2011 for his contribution to British music. Iconic president Jimmy Edwards calls Ferry a “true musical pioneer who blended art, fashion, and rock & roll into a captivating and enduring sound.”
At Iconic, which was co-founded by Azoff and Oliver Chastan, Ferry joins a hall-of-fame roster of acts that includes Rod Stewart, The Beach Boys, Cher, Linda Ronstadt, Joe Cocker and CSN bandmates David Crosby, Stephen Stills and Graham Nash, among others.
Ferry said, “I’m pleased to be working with everyone at Iconic on finding new ways to share my music with the world. I’m excited to see what possibilities unfold.”
Two-time Rock and Roll Hall of Fame inductee Rod Stewart has sold his genre-bending song catalog of hits, deep cuts and more to Irving Azoff‘s Iconic Artists Group. Styled as a “wide-ranging cross-media” partnership, the deal with IAG includes the raspy singer-songwriter’s rights to his sound recordings and his interest in his publishing, as well as certain name, image and likeness rights, Billboard has confirmed.
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The company, which Azoff co-founded in January 2020, declined to offer financial particulars of its deal with Stewart, who joins an elite roster of IAG acts that includes The Beach Boys, Cher, Linda Ronstadt, Joe Cocker, Dan Fogelberg, Nat “King” Cole, Dean Martin and CSN bandmates David Crosby, Stephen Stills and Graham Nash.
Concurrently, Iconic announced on Thursday (Feb. 15) that it has raised $1 billion as part of an investment from HPS Investment Partners — which it said will enable them to acquire and manage even more legendary assets.
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IAG’s arrangement with Stewart encompasses his entire career, beginning with his standout vocal contributions on Jeff Beck’s first two albums — Truth and Beck-Ola — and then the rollicking-and-randy output of the legendary Faces, his band with fellow Jeff Beck Group alum Ronnie Wood. That combo, filled out by Kenney Jones and the late-greats Ian McLagan and Ronnie Lane, produced several early 1970s gems co-written by Stewart, including “Miss Judy’s Farm” “Bad ‘n’ Ruin” and their only proper hit in the U.S., “Stay With Me” (No. 17, Hot 100).
Stewart’s solo career began in earnest during a brief window between his time in the JBG and Faces, but he truly broke through with album No. 3, 1971’s Every Picture Tells a Story, which topped the Billboard 200 and produced breakthrough hits “Maggie May” (co-written with Martin Quittenton) and a cover of “(Find a) Reason to Believe.” Throughout the decade he bagged an album’s worth of greatest hits, including “Tonight’s the Night (Gonna Be Alright),” which spent eight weeks at No. 1 on the Hot 100, as well as “You Wear It Well,” “Hot Legs,” “You’re in My Heart (The Final Acclaim)” and his foray into disco, “Da Ya Think I’m Sexy?” Plus, it was during the 70s that he established himself as an able interpreter of other people’s songs, like “The First Cut Is the Deepest” (Cat Stevens) and “Twistin’ the Night Away” (Sam Cooke ).
The 1980s saw Stewart turn to more soft rock stylings and he scored a string of top 40 hits on the Billboard Hot 100, including “Passion,” “Tonight I’m Yours (Don’t Hurt Me)” “Infatuation,” “Forever Young” and one of his biggest tracks of the decade, a cover of Tom Waits’ “Downtown Train.” The next decade produced adult contemporary hits like “Rhythm of My Heart,” off his top-10 album Vagabond Heart, and the juggernaut that was his multi-platinum Unplugged…and Seated, which capped at No. 2 on the Billboard 200 and included his wedding reception-ready version of Van Morrison’s “Have I Told You Lately.” For much of the 2000s, Stewart has released a series of highly popular Great American Songbook albums and other genre-specific collections, including ones for rock and soul. Later this month, he’ll release his 32nd studio album, Swing Fever, a salute to the big band era. The rest of the year will find him on the road and wrapping up his Las Vegas residency.
The partnership with IAG arrives less than a year after Stewart backed out of a potential catalog sale to Hipgnosis following lengthy negotiations. He said at the time that “this catalog represents my life’s work. And it’s become abundantly clear after much time and due diligence that this was not the right company to manage my song catalog, career or legacy.” (Hipgnosis went on to have a bumpy 2023 that has spilled over into this year.)
Yet now Stewart has reason to believe the “time is right” and that “I feel fortunate to have found partners in Irving and his team at Iconic that I can entrust with my life’s work and future musical legacy.”
Azoff added, “We are thrilled to welcome one of the most celebrated singer-songwriters of our time, Rod Stewart, to the Iconic family. Our new partnership with HPS provides us with the resources and flexibility to make blockbuster signings like this one and to continue the success of our legendary artists and their legacies.”
Iconic’s financial advisors during the process was Artisan and Moelis, while Kendrick & Baron acted as the company’s legal advisors. Jackoway Tyerman represented Stewart. HPS Investment Partners enlisted Lisbeth R. Barron and the team at Barron International Group, LLC as financial advisor, and Latham & Watkins as legal advisor.
Another legend of Laurel Canyon has partnered with Irving Azoff’s Iconic Artists Group. Joining his Crosby, Stills & Nash bandmates on Team IAG is Graham Nash in a wide-ranging deal that aims to bolster the influential singer-songwriter’s musical legacy for future generations.
Under the agreement, Iconic has purchased a controlling interest in Nash’s music intellectual property assets, including his interest in his sound recordings and compositions, as well as his name, image and likeness. The prized assets include his work with a few bands you may have heard of: The Hollies, Crosby, Stills & Nash, and Crosby, Stills, Nash & Young. Also in the mix is Nash’s solo music and his work in the Crosby & Nash duo.
IAG declined to share financial details of the deal, or the size of their controlling interest in Nash’s rights.
Nash, 81, joins an elite roster of acts at IAG, which Azoff co-founded in January 2020: Cher, Dan Fogelberg, Linda Ronstadt, The Beach Boys, Joe Cocker, Nat “King” Cole, Dean Martin and of course Stills and Crosby, who died earlier this year.
“I am thrilled to welcome Graham Nash to the iconic family, which now represents the works of all three of Crosby, Stills, and Nash,” Azoff said. “Graham is not only an incredible talent and true gentleman but a longtime friend as well. Back when I struck out on my own and started my first management company, Graham visited my office and came up with the name, ‘Front Line Management.’”
Nash co-founded the Hollies in the early 1960s with his school mate Allan Clarke, and along with guitarist Tony Hicks is credited (Lennon-McCartney style) with penning many of the British invaders’ original songs, including “On a Carousel,” “Carrie Anne,” “Stop Stop Stop” and “King Midas in Reverse,” among others.
By 1968, Nash was feeling creatively stifled with the Hollies and moved to California where he formed a supergroup of sorts with Crosby (The Byrds) and Stills (Buffalo Springfield). The trio’s 1969 self-titled debut, with its sterling three-part harmonies, miraculously gelled despite having three distinctly different songwriters. Nash’s keystone contribution to the set was the rolling “Marrakesh Express,” written for the Hollies but rejected, which peaked at No. 28 on the Hot 100. For the band’s next album, 1970’s Déjà Vu with Crosby, Stills, Nash & Young, Nash brought a pair of all-timers with “Teach Your Children” and “Our House,” the latter written about the home he shared with Joni Mitchell.
Through their various configurations, the band produced eight studio albums and five live albums.
Nash launched a solo career in 1971, starting with the critically acclaimed Songs for Beginners, which includes “Chicago” and “Military Madness,” and then a few years later with Weird Tales. His latest studio album, Now, his seventh overall, was released in May. Throughout the 1970s, he and Crosby paired their voices for a series of similarly acclaimed albums: Graham Nash David Crosby (1972), Wind on the Water (1975) and Whistling Down the Wire (1976). Nash wrote their lone Top 40 hit, the politically-charged “Immigration Man” off their debut. The pair teamed again in 2004 for their Crosby & Nash double album. Nash also reunited with the Hollies in the mid-1980s for an album, What Goes Around…
The two-time Rock and Roll Hall of Fame inductee (CSN in 1997 and The Hollies in 2010) said he looks forward to working with Azoff and his team on “various projects to further the legacy of CSN’s music and my own.”
She’s already one of the most famous mononymous celebrities in the world, and now Academy Award, Emmy and Grammy winner Cher has partnered with Irving Azoff’s Iconic Artists Group to expose new generations to her prolific, six-decade-long music career.
IAG has acquired Cher’s full interest in her past sound recordings and compositions for a sum that the company declined to reveal.
The 77-year-old singer-actress, who is now recording her first holiday album, has landed a No. 1 single on one of Billboard’s charts in each decade from the 1960s through the 2010s, beginning with her work as half of the duo Sonny & Cher, whose pop hits led to the hit CBS prime-time variety show, The Sonny & Cher Comedy Hour, which ran from 1971 to 1974. But she got her start when she was 17, singing background vocals for late producer Phil Spector, whom she refers to as “Phillip.”
Like many acts on IAG’s growing roster, Cher has a relationship with Azoff that goes back to the ’70s, when they were introduced by Cher’s sister, Georganne LaPiere, who was a close friend of Azoff’s. “I’ve never worked with her professionally,” he says, “but obviously have been a fan.”
Cher says her decision to make a deal with IAG came down to the respect Azoff shows artists. “I trust Irving,” she says in an exclusive interview with Billboard. “If he has a great idea, I respect him. And if I have a great idea, I know he will listen attentively. My voice will be heard.”
IAG’s first project with Cher will celebrate the 25th anniversary of “Believe,” her electro-pop hit that arrived in October 1998 and was Billboard’s No. 1 song of 1999.
Although she has yet to talk strategy with IAG, Cher says she and Mark Taylor, who co-produced the song, discussed building a box set around “Believe” and her album of the same name — a conversation in which Taylor proposed an ambitious agenda for her. “I said I’d like to do a concert with my favorite songs, and he said, ‘Why don’t you do an album?’ I said, ‘OK.’ And he said, ‘Why don’t you do a concert for the Christmas album?’ And I went, ‘Wait, dude. C’mon,’ ” she recalls with a laugh.
Cher, who is managed by Roger Davies and Lindsey Scott, concluded her last major tour in 2005 and a Las Vegas residency in 2011. Asked if she plans to tour again, she replies: “I don’t know,” although she says there will not be live performances tied to the anniversary of “Believe”: “I’m not going to be ready that soon.”
She would also like to explore releasing a box set of her lesser-known songs, including some of her more recent recordings. “Some of my favorite, favorite songs weren’t hits,” she says. “I wasn’t a very good singer until, oh, my God, I was 40. I met my teacher [Adrienne Angel]. She made me a real singer.”
Her wish list for such a compilation would include tracks that fared well on the dance charts but weren’t necessarily mainstream pop hits, including 2001’s “Song for the Lonely”; 2010’s “You Haven’t Seen the Last of Me,” which won composer Diane Warren a Golden Globe; and 1991’s “Save Up All Your Tears.”
There are also plans to license her vast catalog of hits for film/TV synchs. “I think that’s great because they’re good songs,” Cher says. “Not all of them, but a lot of them are really good. I’m surprised sometimes that people know me or know my songs.”
IAG’s acquisition includes the international share in her late ex-husband Sonny Bono’s publishing catalog, which she received in their 1975 divorce — a collection that Azoff says is “vastly underappreciated” and includes such Sonny & Cher hits as “The Beat Goes On” and “I Got You Babe.” Cher says she would love for those songs to find new ears, but adds, “It never actually occurred to me that kids would want to hear those old songs.” (IAG does not have a stake in her Los Angeles-based CHERlato pop-up gelato truck, which serves flavors like Snap Out of It! and kefir and cardamom.)
IAG president Jimmy Edwards says the company plans to mine all decades of Cher’s career. “She’s the symbol of empowerment,” he says. “She’s successful in everything she does — music, film, TV, fashion, you name it. There’s so much story to tell. That’s our goal, always: to make sure we’re working with our partners to help curate that story.”
Irving Azoff‘s latest signing to his Iconic Artists Group is “The King of Cool,” Dean Martin.
On Wednesday (Dec. 7) Iconic Artists Group announced a new agreement with The Dean Martin Family Trust to “manage, develop and expand” the legendary singer and actor’s legacy to new generations. The deal encompasses Dean Martin‘s name, image and likeness along with a range of rights from his career, including the trust’s interest in his self-titled variety shows and specials, the Dean Martin Celebrity Roast series, feature films and sound recordings from his time with Capitol and Reprise Records.
Over the course of his career, Martin, who died in 1995, sold over 50 million albums worldwide and appeared in 85 films and numerous TV shows, according to Iconic Artists Group’s press release. His hit songs include “That’s Amore,” “Ain’t That a Kick in the Head,” “Volare,” “You’re Nobody till Somebody Loves You” and “Everybody Loves Somebody.”
Martin rose to fame alongside Jerry Lewis, with whom he had a massively popular show at the 500 Club in Atlantic City, New Jersey beginning in 1946. The live show launched them as an in-demand duo, and they went on to team up for a total of 16 feature films and a string of appearances on The Colgate Comedy Hour.
After splitting professionally with Lewis, Martin went on to host the hugely successful Dean Martin Show from 1965-74, for which he received two Emmy nominations for outstanding variety series. That was followed by The Dean Martin Celebrity Roast, a series of 54 specials that aired from 1974 to 1984.
Martin was posthumously honored with a Grammy Lifetime Achievement Award in 2009.
“Dean Martin was America in film, recordings, nightclubs, comedy & TV,” said Azoff in a statement. “He was the epitome of coolness. It is both an honor and privilege to welcome this cherished American talent to our Iconic family.”
Martin’s long-time business manager and trustee of The Dean Martin Family Trust, Laura Lizer, added, “Dean Martin’s work and cultural influence across so many media platforms, including music, television, movies, radio, and live performances, makes his diverse catalog and legacy one of the most unique assets in entertainment history. Aligning the Dean Martin Family Trust with Irving Azoff’s Iconic Artists Group secures Dean’s legacy for generations to come.”
Founded in January 2020, Iconic Artists Group has made several attention-getting deals over the last couple of years. In January 2020, the company purchased a controlling interest in The Beach Boys‘ music catalog, including sound recordings, select musical compositions, brand and memorabilia. The company also signed a partnership with the family of Nat King Cole to sell asset rights from his estate, acquired Linda Ronstadt‘s recorded music assets and purchased the catalogs of former Crosby, Stills & Nash bandmates David Crosby and Stephen Stills in separate deals.
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