Rush is a Band

A blog devoted to the band RUSH:
Neil Peart, Geddy Lee & Alex Lifeson

Wed, Nov 13, 2019

Rush royalties included in $300 million bond offering

Wed, Aug 8, 2012@12:52PM | comments

UPDATE - 8/8@3:28PM: Here's the full article posted over at the Fox Business News website (thanks RushFanForever).

According to an article in today's Wall Street Journal, Rush song royalties are being included in a $300 million bond issuance by Sesac Inc. From the article:

Bob Dylan's music was the soundtrack for the counterculture of 1960s America. Now it has become a selling point for an unusual bond offering being marketed to institutional investors and wealthy individuals. A privately held Nashville, Tenn., company is preparing a $300 million bond backed by the cut it receives as a middleman between music companies and songwriters and the outlets that broadcast their music. The company, Sesac Inc., has the exclusive rights to the public broadcast or performance of the music of Mr. Dylan, pop singer Neil Diamond, Canadian rock band Rush and jazz singer Cassandra Wilson. ...

Thanks to The Rush Vault for the heads up.