McCartney Implores Court: 'Help!' -- WSJ
January 19 2017 - 3:02AM
Dow Jones News
By Hannah Karp
Paul McCartney sued Sony Corp.'s music-publishing division
seeking a judgment validating his efforts to take back his
copyrights in Beatles songs he mostly co-wrote with John
Lennon.
Mr. McCartney began serving termination notices to Sony/ATV
Music Publishing in 2008, intending to reclaim his copyright
interests in the iconic catalog, composed between 1962 and 1971,
according to the complaint filed Wednesday. The collection of more
than 200 songs, one of the most valuable such catalogs in the
world, includes classics such as "Hey Jude" and "Can't Buy Me
Love." The termination notices, which Mr. McCartney wants the court
to validate, are supposed to take effect starting in October
2018.
Sony/ATV, the world's biggest music publisher, issued a written
statement saying the company "has the highest respect for Sir Paul
McCartney" and that it was "disappointed that they have filed this
lawsuit which we believe is both unnecessary and premature." It has
been in discussions with Mr. McCartney's representatives, a person
familiar with the matter said.
Attorneys for Mr. McCartney declined to comment, and a
representative for the singer didn't immediately respond to a
request for comment.
The lawsuit, filed in federal court in New York, asserts that
under the 1976 Copyright Act, songwriters who transferred their
copyright stakes to third parties before 1978 have the right to
terminate those transfers and take back their interests.
But it isn't clear whether those rights apply to songwriters who
signed their contracts outside the U.S. Last year, British rock
band Duran Duran lost a similar case against Sony/ATV when it tried
to take back its U.S. publishing rights on its songs such as
"Hungry Like the Wolf." After Sony/ATV sued the band in Britain,
the U.K.'s High Court ruled that the band's copyrights were subject
to U.K. copyright law and that the termination notices it had
served Sony/ATV were invalid.
Around that time, Sony/ATV executives indicated that it would
try to use the decision against Mr. McCartney, Mr. McCartney's
lawsuit alleges. But by filing the suit in the U.S. and demanding a
jury trial, Mr. McCartney is aiming for a different outcome.
Though Sony/ATV's chief executive, Martin Bandier, has
acknowledged in writing that the termination notices are valid,
according to the suit, he wouldn't confirm that his company
wouldn't take legal action against Mr. McCartney.
Sony/ATV acquired the Beatles catalog through its joint venture
with the late pop star Michael Jackson . Sony bought out the
Jackson estate's remaining stake last year.
In a rare move, Sony/ATV licensed all of its songs for Netflix
Inc.'s animated children's series "Beat Bugs," which made its debut
last summer, charging the show's creators upward of $10 million to
use the tunes as story inspiration and soundtracks.
Write to Hannah Karp at hannah.karp@wsj.com
(END) Dow Jones Newswires
January 19, 2017 02:47 ET (07:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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