Michael Jackson Estate sells Sony/ATV stake back to Sony
How Paul McCartney must have wished he hadn’t told Michael Jackson about the financial benefits of music publishing. Macca famously missed out on the opportunity to take ownership of the rights to most of the songs he wrote with John Lennon because he failed to come to an arrangement with Yoko Ono in the early 1980s. Without an agreement in place with John Lennon’s widow, Paul, as sensitive as ever to public perception, didn’t want to go ahead on his own for fear of appearing “grabby” and owning John Lennon’s portion of the songs. This was discussed in some detail in Musician magazine back in the early 1990s although there is actually no logic to this, because he could easily have purchased all rights and then sold 50% to Yoko afterwards if he wanted to be ‘fair’.
Continue reading “Saturday Deluxe / 19 March 2016”
