According to the headline of an article in Wired, "Jackson’s Death Puts Lucrative Beatles Copyrights in Play." Part of the tangle that is the estate of Michael Jackson is 50% ownership of the copyright to the songs composed by the Beatles. Jackson beat out McCartney in a 1985 auction of the rights (for a mere $47 million) and sold half ownership to Sony. Jackson's half was subsequently given as collateral for one of the loans he obtained.
Of course, it will take some time to sort out who owns and who owes what. One imagines lawyers will be involved. But if the rumoured will in which Michael bequeathed his rights to Sir Paul actually exists… and if insolvency doesn't inhale all of Jackson's interests… things may come up roses for Macca… if he outlives the lawsuits.
So if you want to free Jude, go out and buy lots of Jackson and Beatles disks. It might be as simple as that. Eventually.
Respond: make a comment | read the 1 comment
Share:
Email
|
Save as PDF | Print
|
Bookmark & Share
|
|
More: in Miscellaneous or Substantive Law | from Simon Fodden
|
the count:
8229 posts | 11408 comments
recent comments  
Max Amsterdam once said: “Business is the art of extracting money from another man’s pocket without resorting to violence.” The purpose of having a written agreement between all … »»Practice There is good leagal content that doesn’t necessarily come in the neat packages that we usually look in. Though our commercial legal database subscriptions have linked, vetted, edited, and easily. […] »»Research When you need to collaborate on a document displayed on your screen, it’s great to have a colleague from down the hall come into your office and look over your … »»Technology
-
Available online today are four new chapters of the publication Women in Canada: A Gender-based Statistical Report, which explores the socio-demographic and economic circumstances of Canadian women in general.
-
The bill amends the Constitution Act, 1867 by readjusting the number of members and the representation of the provinces in the House of Commons.
-
-
Blueseed plans to buy a ship and turn it into a floating incubator anchored in international waters off the coast of California.
-
Under Prime Minister Stephen Harper, the flow of information out of Ottawa has slowed to a trickle.
-
-
"…the IPC has exclusive jurisdiction to decide whether a record is in the custody or control of a university in the context of an access request…"
-
-
John J.L. Hunter, Q.C. of Vancouver has been elected President for 2011-2012
-
Detailed results from 321 members.
These summaries of selected recent cases are provided each week to Slaw by Maritime Law Book.
More information.
-
Banks and Banking - Liability of banks to third parties - Negligence - General
The plaintiffs were the former shareholders of a company that failed. They sued the defendant bank alleging that it breached its contract with the company and the plaintiffs and breached a duty ...
-
Actions - Cause of action - General principles - New or extended cause of action - Opening of floodgates
The plaintiff and defendant worked at different branches of the same bank. The defendant’s common-law husband was the plaintiff’s ex-husband. Over a four year period, the defendant ...
-
Aliens - Definitions and general principles - Immigration consultants
The Canadian Society of Immigration Consultants (CSIC) had been designated as the sole regulatory body of immigration consultants in Canada from 2004 until June 2011. On June 30, 2011, Bill C-35 came into force, which significantly amended ...
-
Criminal Law - Sexual offences, public morals and disorderly conduct - Public morals - Obscenity - Possession of child pornography
The accused was convicted of making child pornography available and two counts of possession of child pornography (see [2010] Sask.R. Uned. 197). Subsequently, he was sentenced ...
-
Criminal Law - Procedure - Charge or directions - Jury or judge alone - Directions regarding pleas or evidence of witnesses, co-accused and accomplices
Rowe was convicted by a jury of five offences. He appealed.
The Ontario Court of Appeal allowed ...
-
Narcotic Control - Offences - Possession - General
The accused wished to access marijuana for medicinal purposes but did not have an authorization to possess marijuana issued under the Marihuana Medical Access Regulations. He was notified that a package of marihuana addressed to him had been ...
-
Narcotic Control - General - Legislation - Exemptions - Medicinal marijuana
McCrady, who had an application pending under the Marihuana Medical Access Regulations (MMAR) to possess and grow marijuana, was convicted of possession of marijuana (Controlled Drugs and Substances Act (CDSA), s. 4(1)). Hearn pleaded guilty ...
-
Criminal Law - Sentence - Trafficking in hashish or marijuana (incl. possession for purposes of trafficking)
The accused pleaded guilty to one count of possession of marijuana for the purpose of trafficking. He was sentenced to 30 days’ imprisonment to be served intermittently and 11 months’ ...
-
Municipal Law - Powers of municipalities - Particular powers - Imposition and collection of taxes or fees
Catalyst Paper Corp. operated a paper mill in the District of North Cowichan. Catalyst objected to the tax rate that it paid compared to residential ratepayers. In 2009, the ...
This is a listing of a few upcoming events in Canada of interest to lawyers, law students, legal librarians, and others involved in the practice of law.
Clicking on any event in the list below will give you access to more information and to links allowing you to see the full entry and to add the event to your own calendar.
Click this link for a fuller version of the TalkLaw/ParLoi calendar of events and for instructions as to how to add events and calendars to your own calendar.
|
Michael Jackson bought a catalogue of music which contained the beetles catalog as well as the ATV catalogue later on. He then merged his catalogue with Sony to create the Sony/ATV catalogue. MJ and sony owned the catalogue 50/50. The entire Sony/ATV catalogue has an estimated worth of $2.5billion.
In order for Sir.Paul to get the Beetles music Sony would have to agree to give up their 50% of the Beetles music so that Paul could have total rights or they would sell him 50% of his catalogue and Sir.Paul does not have $100-$500million dollars to give to Sony. Even if he had that kind of cash around something tells me Sony is not going to give up that kind of profit. I don't think he'll ever get his music back.