Former Beatle Paul McCartney sued Sony Corp's music publishing arm on Wednesday in federal court in New York, seeking to reclaim copyrights to 267 Beatles songs that pop star Michael Jackson acquired two decades before his death.
Jackson famously outbid McCartney for publishing rights to the songs in 1985, paying $47.5 million to obtain the collection as part of a much larger trove of some 4,000 pop music tunes from Australian businessman Robert Holmes a Court.
The Beatles songs and rest of the ATV collection were then rolled into a joint venture Jackson formed in 1995 with his Sony-based label, creating Sony/ATV Music Publishing, which grew into the world's biggest song publisher.
His estate sold off its stake in Sony/ATV, including the Beatles collection, to Sony Corp for $750,000 in 2016, seven years after Jackson's fatal 2009 drug overdose from the powerful anesthetic propfol.
According to his lawsuit, McCartney put Sony/ATV Music Publishing on notice as early as October 2008 that he wished to reclaim rights to the dozens of songs he co-wrote with the late fellow ex-Beatle John Lennon from September 1962 to June 1971. Those songs form the bulk of the Beatles catalog.
The suit claims Sony/ATV has so far failed to acknowledge the composer's rights to terminate copyright transfers of that music, including such hits as "All You Need is Love" and "I Want to Hold Your Hand," under the U.S. Copyright Act.
"Because the earliest of Paul McCartney's terminations will take effect in 2018, a judicial declaration is necessary and appropriate at this time so that Paul McCartney can rely on quiet, unclouded title to his rights," the suit said.
Sony/ATV Music Publishing called the lawsuit "unnecessary and premature" in an emailed statement.
"Sony/ATV has the highest respect for Sir Paul McCartney, with whom we have enjoyed a long and mutually rewarding relationship with respect to the treasured Lennon & McCartney song catalog," Sony/ATV said.
The lawsuit said Sony/ATV attempted to stall talks with McCartney until the conclusion of a separate lawsuit involving similar claims by British pop band Duran Duran in an English court. Duran Duran lost the legal battle to a Sony/ATV subsidiary in December.
The suit is seeking a declaration from the court that McCartney can reclaim his copyright interests in the songs, as well as attorneys' fees.
Reuters
Thu Jan 19 2017
Musician Paul McCartney performs at the Desert Trip music festival at Empire Polo Club in Indio, California, U.S., October 8, 2016. - REUTERS pic/Mario Anzuoni
The scamdemic targeting the young and vulnerable
Teenagers and young adults are becoming prime targets for a new wave of cyber scams, a trend raising alarm bells across Southeast Asia.
Japanese manicurist takes on plastic pollution, one nail at a time
Before global leaders address plastic pollution, a Japanese manicurist highlights the issue by incorporating it into her nail designs.
What to watch for ahead of US presidential inauguration
Here's a timeline of events between now and inauguration day.
The battle to reduce road deaths
In Malaysia, over half a million road accidents have been recorded so far this year.
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel
The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
How quickly can Trump's Musk-led efficiency panel slash US regulations?
Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth
Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily
Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.