Sep 18, 2007 • 1 min read

PWL catalogue for sale

Pete Waterman is selling the PWL catalogue, valued at £8 million, through the Edge Group, with at least one major thought likely to bid.

Surely we're due a Stock, Aiken and Waterman revival? No? Well, on the off chance such a revival is in the offing, you could do worse than owning the catalogue of Pete Waterman's own record company PWL. And the good news is that Waterman is selling the PWL catalogue. Bad news, it's being valued at £8 million, which I'm guessing puts it out of the reach of most CMU readers. Anyone wanting to bid should get in touch with the Edge Group who are administering the sale. It's thought at least one of the majors may bid. But I don't think the sale includes PWL's latest signings - The Shelias - you know, the women off that Shelia's Wheels car insurance ad, which, frankly, is why I'm not going to bid.

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