Some of the more famous acts who have really gotting screwed on these deals are: The Beatles, The Beach Boys (whose dad was managing the band sold the entire catalog for $30,000...not it's worth millions), John Fogerty of Creedance Clearwater Revival ( was involved in a lawsuit pending wether he had the right to perform the songs he wrote), as also was Prince, who when left his contract w/Sony was not allowed to perform material they contained the rights to. Ahh, the record business, when you get down to it the record business is above all else a business.
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It's not an uncommon occurence for a record company to secure the song rights of an artist they are signing. They, in turn, may sell the song rights to investors or try to market the song in commercials or tv. Yes, you can buy and sell the copyrights to songs, just like trading stock.
Some of the more famous acts who have really gotting screwed on these deals are: The Beatles, The Beach Boys (whose dad was managing the band sold the entire catalog for $30,000...not it's worth millions), John Fogerty of Creedance Clearwater Revival ( was involved in a lawsuit pending wether he had the right to perform the songs he wrote), as also was Prince, who when left his contract w/Sony was not allowed to perform material they contained the rights to. Ahh, the record business, when you get down to it the record business is above all else a business.
Some of the more famous acts who have really gotting screwed on these deals are: The Beatles, The Beach Boys (whose dad was managing the band sold the entire catalog for $30,000...not it's worth millions), John Fogerty of Creedance Clearwater Revival ( was involved in a lawsuit pending wether he had the right to perform the songs he wrote), as also was Prince, who when left his contract w/Sony was not allowed to perform material they contained the rights to. Ahh, the record business, when you get down to it the record business is above all else a business.
