Beatles business: Still making money, 50 years on
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http://www.cnbc.com/id/101358435?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=101358435%7CBeatles%20business:%20Still%20m The Beatles earned a total of $10,000 from three performances on "The Ed Sullivan Show" in 1964. A month before the 50th anniversary of their debut on the show, they're still making millions.
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There could be more money ahead for him and the Lennon estate in 2018. That's when full rights to the Lennon-McCartney song catalog revert back to the songwriters. Lennon and McCartney have received a percentage of royalties over the last decades. Singer Michael Jackson outbid McCartney in 1985 for the rights?paying nearly $50 million for them. Jackson later sold half-rights to Sony for $95 million. Mark Koba, Senior Editor, CNBC IS THE DUMBEST MORON IN THE WORLD!
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jimmix:
http://www.cnbc.com/id/101358435?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=101358435%7CBeatles%20business:%20Still%20m The Beatles earned a total of $10,000 from three performances on "The Ed Sullivan Show" in 1964. A month before the 50th anniversary of their debut on the show, they're still making millions.
Brian took less money so that the Beatles got top billing and would appear 3 consecutive weeks on the show. (Elvis was paid $50,000 for one appearance!)
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Nancy R:
jimmix:
http://www.cnbc.com/id/101358435?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=101358435%7CBeatles%20business:%20Still%20m The Beatles earned a total of $10,000 from three performances on "The Ed Sullivan Show" in 1964. A month before the 50th anniversary of their debut on the show, they're still making millions.
Brian took less money so that the Beatles got top billing and would appear 3 consecutive weeks on the show. (Elvis was paid $50,000 for one appearance!)
Yes, I'd say the strategy worked!