Stevie Nicks has parted ways with a majority of her music publishing rights.
The 72-year-old musical superstar — known for her solo work as well has her performances with Fleetwood Mac — sold the rights to Primary Wave Music, which announced the deal in a news release Friday.
Citing people familiar with the transaction, the Wall Street Journal reported the sale was made to the tune of $100 million, giving the company an 80% stake in the rights.
Included in the deal are the rights to hits such as “Edge of Seventeen,” “Landslide,” “Stand Back,” “Rihannon” and “Dreams.”
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The purchase also gives Primary Wave the rights to Nicks’ name and likeness, and the singer will be allowed to sign new songwriters to a joint venture.
“To say we’re excited to welcome the incredible Stevie Nicks to the Primary Wave family would be a dramatic understatement,” CEO and founder Larry Mestel said. “If Primary Wave were starting our company today, Stevie Nicks would be one of the shining pillars, a true legend among legends.”
He added: “She is a groundbreaking artist, and the longevity of her iconic career comes from writing songs, instantly recognizable and critically acclaimed, that stand the test of time.”
Nicks recently saw a surge in revived popularity alongside her Fleetwood Mac bandmates when “Dreams” reentered the Billboard charts following a viral TikTok video featuring a man skateboarding and lipsyncing to the tune.
Originally released in 1977, “Dreams” was featured on the iconic album “Rumours.” The record as a whole also rose in popularity and hit the top 10 chart this year, 43 years after its release.
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Nicks is also the only woman to have been inducted into the Rock and Roll Hall of Fame twice — once as a member of Fleetwood Mac in 1998 and again in 2019 as a solo artist.