Helen Grant, Daughter of Late Band Manager Peter Grant, Offers Rare Sale of 10% Stake in Led Zeppelin’s Rights
Daughter of Late Manager Peter Grant, Helen Grant, Offers 10% Stake in Led Zeppelin for Sale
Helen Grant, the daughter of the renowned Led Zeppelin manager Peter Grant, is making available her 10% stake in the band. Presently, she owns half of her father’s 20% stake in Led Zeppelin’s rights, while her brother Warren Grant possesses the other 10%.
The sale process is being managed by Ian Penman, a former musician turned solicitor, who played keyboards for artists like John Parr and Dan Hartman. He represents the UK firm New Media Law LLP and is overseeing the historic sale, marking the first time a share in Led Zeppelin’s business has been made available for sale beyond the original band members and John Bonham’s estate.
This 10% stake includes valuable rights such as sound recordings and publishing, encompassing sales, streams, airplay, public performances, and synchronization fees. Additionally, the share also entitles the owner to an interest in the band’s various business ventures, including merchandise sales. This unique opportunity is likely to attract significant attention from music and investment enthusiasts alike.
“I’ve always trusted my instincts, a trait I inherited from my Dad,” Helen Grant shares with The Guardian. “The moment felt right for me to take this step. With five children, four stepchildren, and seven grandchildren, it’s time for me to move on and focus on the next chapter of my life.”
“This client is truly special to me, not only because Helen is such a wonderful person, but also because Led Zeppelin’s music has been a significant part of my life and remains one of my all-time favorite bands,” says Penman. “I have a personal connection to their music and even attended the iconic Knebworth concert in 1979, where John Bonham played his last gig in England. Helen and I had a heartfelt bonding experience, reminiscing about the greatness of that concert (she was backstage with her dad, of course).”
Penman further explained the decision to make the sale of the stake in Led Zeppelin a matter of public record in an interview with Led Zeppelin News. He disclosed that numerous companies and private individuals have shown interest in the stake, and ongoing negotiations are taking place. To ensure that all potential interested parties worldwide are aware of the opportunity, Penman suggested making the sale public to find the most suitable custodian for Helen’s rights.