Julian Lennon sells Beatles songs
LOS ANGELES — Julian Lennon sold a share of his financial stake in Beatles songs co-written by his late father to a New York music publishing firm in a deal announced Friday.
Financial terms were not disclosed, but Primary Wave Music Publishing said its acquisition represented a significant share of Julian Lennon’s economic interest in the songs.
"I felt it was the appropriate time to take on a partner for both my interest in my father’s legendary music and for my future music endeavors," Julian Lennon, 44, said in a statement.
The deal does not apply to any of John Lennon’s solo compositions.
John Lennon and partner Paul McCartney wrote most of the Beatles’ biggest hits, among them "Hey Jude," "I Want to Hold Your Hand" and "All You Need Is Love."
Julian Lennon is the son of John Lennon and his first wife, Cynthia. He has released five albums during his career, his most recent being 1998’s "Photograph Smile."