Finance

Who Owns the Beatles Masters and How the Catalog Changed Hands

As of the latest public filings, Sony Music owns a majority stake in the Beatles masters through its ownership of MPL Communications and the former EMI Recorded Music catalog. S...

Mara Ellison
Who Owns the Beatles Masters and How the Catalog Changed Hands

Who Owns the Beatles Masters Now

As of the latest public filings, Sony Music owns a majority stake in the Beatles masters through its ownership of MPL Communications and the former EMI Recorded Music catalog. Sony acquired a controlling interest in the EMI music publishing and recorded music assets as part of the 2012 consortium led by Sony/ATV, now Sony Music Publishing, which administers the Lennon–McCartney songwriting rights alongside the master recordings. The structure means that while Paul McCartney and Ringo Starr have pursued individual rights and re-recordings, the core commercial ownership of the original Beatles masters remains tied to Sony-led entities and the MBS (Michael Jackson’s estate and Sony) joint venture that manages the historic Sony/ATV song catalog. For background on the broader music publishing landscape, see this overview from Forbes.

The ownership chain traces back to the 1969 sale of Northern Songs, which held the Lennon–McCartney compositions, and the 1970s acquisition of the Apple Corps master tapes by various investors before the EMI consolidation. In 2016, Sony completed the acquisition of the remaining stake in EMI Music Publishing, strengthening its control over the Beatles songwriting catalog, while the master recordings were already held in the EMI Recorded Music portfolio that Sony and partners purchased. In 2018, the MBS consortium formalized its ownership of the Sony/ATV catalog, which includes the Beatles publishing, and the structure has remained the basis for public reporting on who controls the Beatles masters today. Details on the MBS transaction are documented in SEC filings.

What Paul McCartney and Ringo Starr Can Do

Paul McCartney has used re-recording strategies to create new versions of Beatles songs, a process sometimes called the “re-record” strategy, which allows artists to own new masters while the original masters remain under the current rights holder. McCartney has publicly stated his goal to regain control of the Beatles catalog, and he has pursued legal and contractual avenues to renegotiate or reclaim rights where possible under modern copyright law. In the United States, copyright termination provisions allow creators to reclaim rights after a set period, which McCartney has cited as a basis for future moves, though the original Beatles masters remain under the ownership of the Sony-led entities for now. For context on copyright termination, see the U.S. Copyright Office.

Ringo Starr has also released re-recorded versions of Beatles songs and pursued his own business interests, but the ownership of the original master recordings is not part of his individual portfolio. The current structure means that commercial licensing, streaming, and sync deals for the original Beatles masters are handled by the rights holders within the Sony-controlled entities, while the songwriters’ share of royalties continues to flow to the Lennon–McCartney estate and their successors. The separation of publishing rights from master ownership is a key reason why multiple parties have a stake in how the Beatles catalog is used and monetized.

How the Beatles Masters Changed Hands

The first major transfer occurred in 1969 when Northern Songs, which held the Lennon–McCartney publishing, was sold to ATV Music, controlled by Lew Grade, and later merged into what became Sony/ATV. The original master tapes were held by Apple Corps and EMI, and over the following decades, corporate mergers, acquisitions, and asset sales reshaped who controlled the Beatles masters, culminating in the 2012 Sony-led consortium purchase of EMI’s recorded music and publishing divisions. The 2016 and 2018 transactions further concentrated ownership, with Sony taking full control of EMI Music Publishing and the MBS joint venture formalizing its stake in the combined catalog that includes the Beatles songs.

Key Transactions and Entities

The 2012 EMI acquisition by a Sony-led consortium was one of the largest music industry deals, bringing the Beatles masters into a structure that also included the former ATV

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