How much does he make in publishing royalties

I read that lennon made $21 million for this yr!! most of it from publishing royalties.


From forbes
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For musicians like John Lennon, the bulk of it comes from worldwide publishing royalties. He and Paul McCartney co-wrote most Beatles songs, and they get a cut every time a song is played on the radio stations of Viacom's (NYSE:VIA - News) Infinity Broadcasting, sold on a CD, used in a film or covered by another artist.
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In addition the beatles CD 'let it be' sold 5million world wide last year!

George Harrison get quater of CD sales he made $7mil
I am thinkin he got $6mil from beattles CD last yr

That means lennon made $15 million from publishing royalties


[Edited 10/29/04 12:06pm]

Doesen't Michael Jackson own the Beatles catalogue?

"Who's Your Daddy"

nupe87 said:

He owns 40 of their songs I think
But in those, some classics

AsianBomb777 said:

For the songs owned by MJ he doesnt have to pay the beatles!!

Plus he would be dead broke if he didnt have the that catalogue

since he bought ATV the value had gone up several folds!

he owns 1/2 of it valued at $400 mil but he has taken a $200 mil loan on it already so he is worth only $200mil or less !!
[Edited 10/29/04 14:06pm]

Dear Yahoo!:
Does Michael Jackson still own the publishing rights to the Beatles song catalog?
Prudence
Strawberry Fields
Dear Prudence:
With a little help from our friends -- the urban legends site Snopes.com, Cecil Adams' Straight Dope column, and Yahoo! News -- we found the answer to your question.

Back in 1963, the Beatles gave their publishing rights to Northern Songs, a company created by their manager, Brian Epstein, and a music publisher, Dick James. Northern Songs went public in 1965, and John Lennon and Paul McCartney each had 15% of the company's shares, while Dick James and the company's chairman, Charles Silver, held a controlling 37.5% of shares. In 1969, James and Silver sold Northern Songs and its assets to the Associated Television Corporation (ATV).

In 1985, ATV's music catalog was sold, and Michael Jackson was the high bidder. Jacko paid a reported $47 million for the publishing rights to somewhere between 159 to 260 Beatles songs. A decade later, Jackson and Sony merged their music publishing businesses. Since 1995, Jackson and Sony/ATV Music Publishing have jointly owned most of the Beatles songs.

While the Jackson-Sony collection includes practically all of the Beatles' greatest hits, they don't have every little thing. Paul McCartney bought the rights to "Love Me Do," "Please, Please Me," "P.S. I Love You," and "Tell Me Why." Northern Songs never owned these early tunes, so they weren't included in the ATV deal.

In the past few years, the media has speculated that Jacko may need to sell the Beatles' rights to pay for his extravagant lifestyle and mounting legal costs. Sony reports that Jackson used his half of the Beatles' catalog as collateral for a loan from the music company. If Jackson defaults on the loan, Sony has the right to buy his share. In 2001, Jackson stated: "The Beatles catalogue is not for sale, has not been for sale and will never be for sale." But who knows? Maybe he'll try to take a sad song and make it better by cashing in.

Doesen't Michael Jackson own the Beatles catalogue?

"Who's Your Daddy"

nupe87 said:

part of it

Forbes
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Elvis Presley's estate earns tens of millions of dollars annually, not from music sales--Elvis' manager famously sold the rights to pre-1973 recordings to RCA (now part of Sony (nyse: SNE - news - people )) for $5 million--but from merchandising and admissions to Graceland
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If beetles catalogue is owned by MJ then how
dit lennon make the $21 million

ABeautifulOne said:

the most part of it