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Paul McCartney and Sony Settle Beatles Catalog Suit

Back in January of this year, Paul McCartney sued Sony over the rights to The Beatles catalog. McCartney did so to ensure he would not be in breach when he decided to reclaim his rights.

It appears that McCartney and Sony have settled the lawsuit, according to The Hollywood Reporter, though the details of the settlement are unknown.

 

“The parties have resolved this matter by entering into a confidential settlement agreement and jointly request that the Court enters the enclosed proposed order dismissing the above-referenced action without prejudice,” Michael Jacobs, McCartney’s attorney told U.S. District Judge Edgardo Ramos.

The rights to the Beatles catalog was famously fought over between McCartney and Michael Jackson in 1985, where the latter outbid him during the sale. Jackson bought ATV, the company that had owned the copyrights to the Beatles songs for $47 million.

Jackson would later share half of the rights to Sony for $100 million. After the King of Pop’s death in 2009, his estate sold the other half to Sony for $750 million.

McCartney’s case stems from Section 304(c) of the Copyright Act of 1976. Section 304(c) states that authors can reclaim their ownership interests in any works assigned by them prior to January 1, 1978, after 56 years. Under this law, McCartney’s songs, written with John Lennon, would become available to him in 2018.

Attorneys for both parties declined further comment.

April 20th: On This Day

On this day in 1985, the charity song “We Are The World” by USA For Africa was #1 on the Billboard Hot 100 number-one singles chart and the Billboard Adult Contemporary number-one single chart.

“We Are The World” was written by Michael Jackson and Lionel Richie and included many big artists at the time such as; Stevie Wonder, Tina Turner, Bruce Springsteen, Diana Ross, Bob Dylan, Daryl Hall, Huey Lewis, Ray Charles, Billy Joel and Paul Simon.

The song sold over 20 million copies and was Certified 4× Platinum by the RIAA. It is one of the fewer than 30 all-time singles to have sold at least 10 million copies worldwide.

April 18th: On This Day

On this day in 1984, Michael Jackson underwent surgery in a Los Angeles hospital to repair the damage done after his hair caught fire during the filming of a Pepsi commercial.

The 25-year-old “King of Pop” was filming a “stage performance” for the commercial with the other members of the Jackson 5, when the pyrotechnic explosion ignited his hair.

He and his brothers had signed a promotional deal with Pepsi worth $5 million in November the previous year. After the accident, Pepsi paid Jackson $1.5 million in compensation, which the pop star donated to the Brotman Medical Centre, one of the hospitals in which he was treated.

Michael Jackson’s Neverland Ranch Back on the Market for $67M

LOS OLIVOS, Calif. (AP) — Michael Jackson’s Neverland Ranch is back on the market with an asking price of $67 million.

The 2,700-acre property near Santa Barbara, California, has been renamed Sycamore Valley Ranch. The listed price represents a significant cut from the $100 million it was on the market for last year.

In addition to a 12,000-foot main residence and a 3,700-foot pool house, the listing boasts a separate building with a 50-seat movie theater and a dance studio. Other features on the ranch are a “Disney-style” train station, a fire house and a barn.

Jackson sold the ranch to Colony Capital prior to his 2009 death for $22.5 million. Colony Capital is headed by Thomas Barrack, a confidant, and fundraiser for President Donald Trump.

February 13th: On This Day

On this day in 1971, The Osmonds started a five-week run at #1 on the US singles chart with “One Bad Apple”. The song also reached number six on the R&B chart.Billboard ranked it as the No. 4 song for 1971. It was certified Gold by the RIAA on February 4, 1971.

Songwriter, George Jackson,  had the Jackson 5 in mind when he wrote it. The Osmonds’ version coincidentally sounded like the Jackson 5 to the point many mistook the Osmonds for the Jacksons on the song when first hearing it.

According to Donny Osmond, Michael Jackson later told him that the Jackson 5 almost recorded this song first, but chose to record “ABC” instead.

“One Bad Apple” was also used as the theme to The Osmonds cartoon show on ABC-TV.

Paul McCartney Files Suit to Get the Beatles’ Songs Back

Paul McCartney is suing Sony in an effort to reclaim the copyright of The Beatles catalog that he lost in a sale to Michael Jackson.

Sony/ATV completed purchase of this cache of legendary tunes last year, just before McCartney became eligible to reassert partial ownership again based on a provision of the U.S. Copyright Act of 1976. Since then, Sony/ATV has apparently ignored McCartney’s requests to discuss a future transfer.

“Paul McCartney has today filed a lawsuit in federal court in New York against Sony/ATV to confirm his ownership in his U.S. reversionary copyrights – which are granted to him by U.S. copyright law – in the songs he wrote with John Lennon and recorded with the Beatles,” a McCartney spokesperson said.

According to the Copyright Act, tracks written before 1978 – which include all of the Beatles’ output – revert back to the composers after 56 years. His earliest work with Lennon would become available in 2018, then continue reverting yearly through the anniversary of the Beatles’ dissolution in 2025.

 

 

January 2nd: On This Day

On this day in 1983, Michael Jackson released the single “Billie Jean”. Jackson released the song as his second single from his critically acclaimed album, Thriller. “Billie Jean” was one of the best-selling singles of 1983 and remains one of the best-selling singles worldwide.

The song topped both the US and UK charts simultaneously and has been Certified Double Platinum by the RIAA.

 

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