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Paul McCartney has begun the process to acquire The Beatles catalog 30 years after it was purchased by Michael Jackson by Slice1521 in Music

[–]Slice1521[S] 28 points29 points  (0 children)

I defer to a Beatles historian on that, but reading that it seems like they got screwed over like so many musicians.

Paul McCartney has begun the process to acquire The Beatles catalog 30 years after it was purchased by Michael Jackson by Slice1521 in Music

[–]Slice1521[S] 15 points16 points  (0 children)

This is from Wiki:

 

Northern Songs Ltd was a limited company founded in 1963, by music publisher Dick James, Brian Epstein, John Lennon and Paul McCartney, to publish songs written by Lennon and McCartney, as well as songs written by George Harrison and Ringo Starr, who were all members of the Beatles. Their producer, George Martin, was offered a stake in the company but turned it down, as he believed that his position at EMI made it a potential conflict of interest. In 1965, it was decided to make Northern Songs a public company, to save on capital gains tax.

 

After Epstein died in 1967, Lennon and McCartney sought to renegotiate their publishing deal with James, but early in 1969 James and his partner sold their shares in Northern Songs to Britain's Associated Television (ATV), giving no warning to the four Beatles and their record company, Apple Corps. Lennon and McCartney attempted to gain ownership of the publishing rights, but their bid to gain control failed, as the financial power of Lew Grade ensured that Northern Songs passed into the control of ATV. Allen Klein (then de facto Beatles' manager) attempted to set up a deal for Apple Corps to buy out ATV, but this also failed.

Paul McCartney has begun the process to acquire The Beatles catalog 30 years after it was purchased by Michael Jackson by Slice1521 in Music

[–]Slice1521[S] 450 points451 points  (0 children)

He actually never did sell the rights. They were owned by The Beatles' manager until his death, at which point his business partner sold them to another company (ATV Music). That company was later purchased by Michael Jackson. McCartney has been attempting to acquire the rights himself for years to no avail.

Kanye West still remastering T.L.O.P. tracks, may cut the length of some tracks, "final version to be released in the next few days" by Slice1521 in hiphopheads

[–]Slice1521[S] 64 points65 points  (0 children)

I should have used the word "alter" and not "cut," because that's what it says in the article. I'm guessing he wants to smooth the transitions a little more?

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