12/15/2023 0 Comments Tell me why beatles bookSo, for every time “I Want To Hold Your Hand” was used in a movie, the company got paid.īut in 1969, the British outfit Associated TeleVision was involved in a messy takeover of Northern Songs, which led McCartney and Lennon to sell off their shares of the company they’d started. in 1964 to generate revenues from their growing catalog. The two had formed a publishing company Northern Songs Ltd. With the Beatles, the publishing had originally gone to McCartney and John Lennon, who wrote the majority of the tracks. So, in the end, whoever owns the song, gets paid. Some of that goes to the record label, and some goes to the performer and songwriter. Understanding the Businessįor those who don’t know, music publishing can be a lucrative business.Įvery time a song is used in a television show or movie or some other arena, the user has to pay a licensing fee. Then just two years later on August 14, 1985, Jackson purchased the publishing rights to the majority of the Beatles’ catalog-some 251 songs-for $47 million, outbidding McCartney. And Jackson allegedly jokingly replied, “One day, I’ll own your songs.” That’s when McCartney talked to Jackson about investing in music publishing. The two had earlier collaborated on the song “The Girl Is Mine,” which was the lead single from Jackson’s seminal 1982 record, Thriller. ![]() It began with the duo’s collaboration on the 1983 song, “Say Say Say,” featured on McCartney’s album, Pipes of Peace.
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