Paul McCartney, who became megapopular due to the staff of The Beatles, intends to sue the Sony / ATV record company because of the compositions of the "Liverpool Four", which he himself sold 20 years ago.
Excellent earnings
Despite the fact that the legendary The Beatles fell apart for many years, for Paul McCartney songs written in collaboration with John Lennon are a good source of income. The musician receives substantial deductions for their use. However, McCartney's income could be much larger, because the rights to some of the tracks recorded in 1962-1971, he does not belong.
Reckless act
In 1985, about two hundred songs by The Beatles, among which the hit Yesterday, were bought at auction for 47.5 million dollars by Michael Jackson. Then the pop king shared some of the tracks with Sony / ATV, and after his death in 2009, the recording studio became the sole owner of all the songs, having bought the rights to them from the heirs of Jackson.
Statement of claim
According to American laws, the author can regain the right to his offspring, written before 1978, if after the first copyright (in this case, writing a song) 56 years have passed. Paul McCartney decided to take advantage of this loophole. The lawyers of the British have already filed an appropriate lawsuit in the District Court of New York.
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By the way, the transfer of the rights of Sony / ATV to Sir Paul can not take place until 2018, as the first song from the list of compositions, which he claims, was released in autumn 1962.