Sir Paul McCartney could gain control of the Beatles catalogue again in nine years’ time.
McCartney, 67, lost the catalogue when the band fell apart. McCartney and John Lennon, the Beatles’s primary songwriters, continued to receive songwriting royalties but have forgone profits from lucrative licencing deals.
A handful of Beatles copyrights ended up with Michael Jackson. Some 250 songs formed the basis for Sony/ATV Music Publishing, a 50-50 joint venture between the late singer and Sony Corp.
Under US copyright law, the songwriters are able to recapture the publishing share of the copyright on pre-1978 works after two consecutive 28-year terms, making Beatles compositions registered in 1962 eligible for reversion in 2018.