McCartney and Sony/ATV settle
|“I travel on this train regularly, twice a week – so I suppose I’ve some rights!”
McCartney was recently photographed by a fellow passenger en route from London to East Sussex.
A dispute arose between Paul McCartney and Sony/ATV in January, regarding the returning of rights back to McCartney of his co-compositions with John Lennon during the Beatles era has now been settled out of court.
Awaiting the outcome of a similar case with the 1980’s group Duran Duran, Sony/ATV was not willing to give McCartney assurance that the rights would be referred back to him, starting Oct 5 2018 with the rights to “Love Me Do”. McCartney went to court with this, and in March the parties were reported to await the ruling of the Duran Duran case.
Yesterday, The Hollywood Reporter reported that McCartney and Sony/ATV have resolved this issue themselves.
“The parties have resolved this matter by entering into a confidential settlement agreement and jointly request that the Court enter the enclosed proposed order dismissing the above-referenced action without prejudice,” writes McCartney attorney Michael Jacobs in a Thursday letter to U.S. District Judge Edgardo Ramos.
The details of the deal are unclear, but the order specifies that the New York federal court will “enforce the terms of the parties’ Settlement Agreement, should a dispute arise.”
Attorneys for both parties declined further comment on the settlement.
Source: The Hollywood Reporter