Pitchfork's Jayson Greene on what he's cleverly calling Music's Nostalgia-Industrial Complex - a tag that here describes the consolidation of song catalogues by legacy artists in money-minded hands looking to maximise every conceivable form of earning back on their huge investments in publishing rights.
One way is to instigate the interpolation of hooks from these bits of prime musical property into songs that become Top 40 hits. Like this one:
"After clocking the 1987 smash’s internet infamy, Primary Wave acquired a percentage of the rights to [Rick Astley's "Never Gonna Give You Up"].... then pitched the idea of an interpolation to Yung Gravy’s manager. At the same time, a member of Shukat’s team reached out to a producer who worked with Gravy. “Within a day, we literally had a track to listen to, and Gravy rapped over it two days later, which was fucking dope,” Shukat says over the phone. He was less enthused by the original track’s name—“Get Pussy”—and requested a rework, which was obliged. The song went on to peak at No. 30 on the Hot 100 and currently has more than 200 million plays on Spotify. When I observe that Shukat is describing a role more akin to a music producer than a publisher, he says, “I’m comfortable with that. We’re producing on a daily basis.”
Primary Wave's chief of marketing is involved in the work of "'“artist re-development.' His team assembles three-to-five-year marketing plans for each new acquisition, and then presents a pitch deck to the artist or their estate."... Primary Wave treats their catalogs the way powerful record labels treat their star artists—except all of the publishing company’s talent is either dead, a legend, or both. And when you own the rights to some of the most important American popular music ever recorded, opportunities have a way of presenting themselves in perpetuity.
It's the wave of the (no-)future - retro-necrosploitation of golden oldies with proven hookability and nostalgic triggers in-built.
"In the past few years, Primary Wave has been joined by what Shukat estimates are more than 20 similar companies. He points directly to the pandemic as the cause for the catalog stampede, which erased touring income from everyone’s ledger sheets for nearly two years. Now it feels like a week doesn’t go by without a major artist’s catalog getting scooped up."
Alongside Primary Wave, a company called Hipgnosis (unrelated I assume to the record design company) are big players in this field.
"The rise in catalog acquisition helps to explain how we’ve arrived at a moment when the pop charts are littered with chunks of old intellectual property. Nicki’s “Super Freaky Girl” and Yung Gravy’s “Betty” are just two high-profile examples; you don’t have to look far for more. The Santa Clara, California rapper Saweetie’s “P.U.S.S.Y. (Powerful, Utopia, Supreme, Sacred, Yummy)” samples Mtume’s “Juicy Fruit,” the basis for Biggie’s “Juicy.” Atlanta’s Latto double-dipped Tom Tom Club’s “Genius of Love,” famously sampled on Mariah Carey’s “Fantasy,” for her song “Big Energy,” bringing in Mariah herself for bonus points."
"... In some ways, the Hot 100 right now feels as recursive, all-encompassing, and allergic to new input as the Marvel Cinematic Universe. "
