| Subject: Re: Did McCartney sell the rights to Buddy Holly's widow? |
Author:
John4647
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Date Posted: Fri March 06, 2020 03:21:01
In reply to:
Hans Werner Finking
's message, "Did McCartney sell the rights to Buddy Holly's widow?" on Thu March 05, 2020 11:25:04
From the BMG Web Site:
Buddy Holly LOS ANGELES, 2 JULY 2015 – BMG is delighted to announce that it has agreed the acquisition of all the rights in the seminal Buddy Holly catalogue controlled by his widow Maria Elena Holly. The deal means that one of the most distinguished and influential catalogues in popular music history will now be represented by one of the most innovative and fastest-growing companies in music, BMG. Maria Elena Holly has been the custodian of her husband’s legacy ever since his tragic death at the age of 22 in a plane crash on 3 February 1959 – immortalized by Don McLean in ‘American Pie’ as “the day the music died”. In 2010 she co-founded with Englishman Peter Bradley Senior The Buddy Holly Educational Foundation. Maria Elena Holly said, “For almost 60 years Buddy’s loving fans and I have worked to bring his creativity to successive generations of fans and I have been looking for a steward to lead those efforts into the future. I am very happy to announce that I have entrusted Buddy’s legacy to BMG.” The deal comprises three separate elements of the Buddy Holly catalogue:
US music publishing rights in virtually every song written by Buddy Holly including the classics ‘Everyday’, ‘Peggy Sue’, ‘That’ll Be The Day’, ‘Words Of Love’, and ‘Not Fade Away’;
Royalties due throughout the world on sales of Buddy Holly recordings as well as his writer’s share of publishing royalties;
All of the rights in Buddy Holly’s name, image and likeness.
Buddy Holly is acknowledged as one of the most influential figures in popular music history. The Beatles famously named themselves in tribute to Holly’s band, The Crickets. Bob Dylan, Mick Jagger, Keith Richards, Elton John, Eric Clapton and Bruce Springsteen have all acknowledged their debt to Holly. The first ever ‘jukebox musical’, Buddy - The Buddy Holly Story has been seen by more than 22m people and has been running for 25 straight years in the UK, making it the highest-grossing rock musical of all time. In 2004, Rolling Stone ranked Holly thirteenth among "The Fifty Greatest Artists of All Time
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