Musician Paul McCartney resolves dispute with Sony ATV Music Publishing concerning Beatles song rights

Source:AFP Published: 2017/7/4 19:03:39

Paul McCartney has reached a settlement over copyright to the Beatles catalog, avoiding a legal battle that could have had wide ramifications for the music business.

McCartney filed a lawsuit in January in a US court to secure rights from Sony ATV Music Publishing in the wake of a British judicial ruling that shook up the industry.

Michael Jacobs, a lawyer for McCartney, late last week informed a judge that the two sides "have resolved this matter by entering into a confidential settlement agreement."

Jacobs asked Edgardo Ramos, a federal judge in New York, to dismiss the lawsuit. Representatives declined further comment.

The case revolves around the US Copyright Act of 1976 which aimed to strengthen the hand of songwriters.

Under the act, songwriters could reclaim copyright from music publishers 35 years after they gave them away - or 56 years for songs from before 1978.

McCartney had vowed in the lawsuit to secure control of the catalog - an issue of growing urgency as the first Beatles single, "Love Me Do," came out in 1962, meeting the 56-year timeframe under the US act in 2018.

Sony ATV has rights to millions of songs including those by other top names in music history such as Michael Jackson and Bob Dylan.

Posted in: MUSIC

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