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McCartney sues Sony unit over rights to Beatles hits

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Sir Paul McCartney has sued Sony’s publishing arm as he looks to reclaim US rights to songs he co-wrote with John Lennon in the 1960s and 70s.

Sony owns the publishing rights, last year buying out the Michael Jackson estate’s 50 per cent stake in Sony/ATV, the music publishing group, for $750m. The Lennon-McCartney catalogue represents one of Sony/ATV’s crown jewels, spanning the bulk of Beatles’ songs written from 1962 to 1971, including hits such as “I Want To Hold Your Hand” and “Love Me Do”.

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Under US copyright law, songwriters can lay claim to the publishing ownership of their work after 56 years; Mr McCartney’s catalogue will be eligible starting in 2018.

In a filing in the Southern District of New York, Mr McCartney said he had sent dozens of notices with the US copyright office but alleged that Sony/ATV representatives had not “provided clear assurances” that the company would not challenge the ownership transfer. He is seeking a “declaratory judgment” that Sony/ATV will confirm his rights to the songs.

Sony/ATV called the lawsuit “unnecessary and premature”.

“Sony/ATV has the highest respect for Sir Paul McCartney . . . we have collaborated closely with both Sir Paul and the late John Lennon’s Estate for decades to protect, preserve and promote the catalogue’s long-term value,” the company said in a statement.

The rights apply only in the US, leaving the catalogue in the hands of Sony/ATV for the rest of the world. Publishing ownership gives control and royalties for song use in films, television shows and video games.

The decades-long battle over this catalogue picked up in 1985 when Michael Jackson bought ATV Music Publishing, the publisher of the Lennon-McCartney songs, for $47.5m. In 1995, ATV Music, which the pop star controlled, merged with Sony’s publishing arm.

Sony/ATV is the world’s biggest music publisher, representing 3m songs ranging from hits by The Beatles to Taylor Swift.

A Sony-led consortium acquired EMI Music Publishing four years ago for $2.2bn; Sony/ATV manages EMI on an arms-length basis, a regulatory condition of the Sony group’s purchase.

Via FT



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