The Beatles thing came up in a talk I had with my best friend the other day, when I told him I'd just read Andrew Lloyd Webber somehow had bought the rights to all the Eille Norwood
HOLMES films.
I mentioned how Brian Epstein's INCOMPETENCE is what led to Northern Songs owning The Beatles' music. I forget what happened later, but apparently sometime in the late 60s, The Beatles, who had been getting some royalties for a while STOPPED getting any.
Paul McCartney, legend has it, had to SUE to disolve The Beatles, in order to release TONS of money tied up in a mountain of licensing deals. When he finally started getting some "real" money, he asked his wife Linda what she thought would be a good thing to invest it in. She said, "Why not something you love-- like music?"
Paul found BUDDY HOLLY's music was up for sale, and bought it.
So for years, Paul got ZERO in royalties for Beatles songs... but he got PAID every time a Buddy Holly song was sold or played.
I still love the "
HOLLY DAYS" album. Paul played all the instruments, Denny Laine sang, and Linda took the photos.