"They became part of The Plaza's history. "We're having a Beatle specialty events the weekend of the anniversary of their stay here," said George Cozonis, managing director of The Plaza, where the Beatles stayed for their first Sullivan appearance. Interest in the Beatles only seems to grow. Jackson later sold half-rights to Sony for $95 million. S inger Michael Jackson outbid McCartney in 1985 for the rights-paying nearly $50 million for them. Lennon and McCartney have received a percentage of royalties over the last decades.
JULIAN LENNON'S SETTLEMENT FROM YOKO FULL
That's when full rights to the Lennon-McCartney song catalog revert back to the songwriters. There could be more money ahead for him and the Lennon estate in 2018. McCartney is said to have a net worth of $800 million. Starr's worth is listed at around $300 million, making him the world's richest drummer. Both are scheduled to appear on the Grammy Awards on Sunday and will tape a concert to help mark the 50th anniversary of their Sullivan performances. McCartney and Starr still tour and make music headlines. But both continue to sell records, with Lennon's estate taking in some $12 million in 2011 and Harrison's $6 million that year. Twenty-one years later, George Harrison died of cancer. Rumors of a Beatles reunion-and there were many-ended suddenly with Lennon's murder in 1980. It turned out well, as Apple Corps ranked second in 2010 on Fast Company magazine's list of the world's most innovative companies in the music industry. But it was kept on to manage the business aspect of the Beatles recording library. It reached a point where Apple Corps, once listed on the London Stock Exchange in the 1960s, nearly dissolved in 1975. The resulting bickering over managing their financial affairs kept the band members battling each other into the mid-1970s. Of course, Yoko Ono aside, the business side of things helped end the Beatles' recording career.The death of Epstein in 1967 from a prescription drug overdose sent the group, by their own admission, into a business tailspin. They were a transformative band, and that has longevity." "We've had other moments, like with Pearl Jam and Kurt Cobain, but nothing like the Beatles did for their time. "They represent the British musical invasion and the change in music that came with it," he said. In marketing terms, that means they were the first in their category and came to symbolize a significant moment in time. He said that what has helped the Fab Four's staying power is being a first mover. "It's remarkable for a band that stopped recording in 1970, they still have such interest," said Darrin Duber-Smith, a marketing professor at Metropolitan State University of Denver. There's more repacking of Beatle albums in the works. over naming and music rights (the Beatles formed their company in 1968 for tax advantages the computer company was founded in 1976), the group finally allowed their music to be sold on iTunes.
JULIAN LENNON'S SETTLEMENT FROM YOKO TV
The TV show "Mad Men" paid about $250,000 for the rights to use the Lennon-McCartney song "Tomorrow Never Knows" in an episode in 2012.Īlso in 2012, after years of squabbles with Apple Inc. Other deals include the "Beatles Rock Band" music video game, released in 2009-with multimillion sales- as well as the ongoing show "Love," which features Beatles music and performances by Cirque du Soleil in Las Vegas. It became the best-selling album from 2000 to 2010. was released as an album in 2000-and went to the top of the charts. In 1995, there was the release of the "Beatles Anthology" documentary, along with the book and CD. They made $25 million in earnings that year, which translates to almost $188 million today.Īpple Corps, the Beatles holding company controlled by Paul McCartney, Ringo Starr and the estates of John Lennon and George Harrison, continues to push out products. The group once held the top five spots on Billboard 100-in April 1964-an achievement that's likely to remain unmatched. Elvis Presley is second in the U.S., with 135 million sold. alone, according to the Recording Industry Association of America. There's no question that Beatles music sells.Īs of this year, the Beatles have sold 600 million albums worldwide- with 177 million sold in the U.S.
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