Paul McCartney Wants The Beatles Rights Back from Sony!
According to McCartney’s complaint, he transferred rights to songs co-authored by him and John Lennon between 1962 and 1971 to various music publishers. It’s well known that in the 1980s, after getting advice from McCartney himself that the big money in music was tied to rights in song compositions, Michael Jackson bought songs including “Yesterday,” “Hey Jude” and “Let It Be.” Jackson then entered a joint venture with Sony/ATV, and last year, his estate sold the late pop singer’s remaining interest to Sony.
The lawsuit notes that McCartney has been serving and recording termination notices for nearly a decade. Represented by attorneys at Morrison & Foerster, he now expects to recover copyright interests as soon as October 5, 2018. “For years following service of the first Termination Notices, Defendants gave no indication to Paul McCartney that they contested the efficacy of Paul McCartney’s Termination Notices,” states the complaint. “Defendants’ affiliates did, however, oppose at least one other artist’s terminations of transfers under the terms of the 1976 Copyright Act.”
Article source: Billboard
Image source: Flickr.com (Author: Oli Gill)