Zaslav selling licensing from WB film/tv music

[Kevin M.]

Everything from “Casablanca” to “Batman” music licensing is up for grabs. 

I’m willing to bid as much as $25 for “Batdance”

https://variety.com/2023/music/news/warner-bros-discovery-500-million-deal-sell-film-tv-music-publishing-assets-1235652398/

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Kevin M. (RPCV)

[Bob Jersey]

I had figured much of that catalog went to Warner-Chappell, which is part of WMG (along with the former Warner recording labels)...

B

[Adam Bowie]

Wouldn't the rights to much of, say, the Casablanca music be out of copyright by now - or very close to? The writer of "As Time Goes By" died in 1951, and the recording is from 1942. The entire film is already public domain in some territories. 

Of course Warners will [potentially] have the masters to licence, rather than a scratchy 78 someone who wanted a PD copy might have to use to source it.

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[Tom Wolper]

I recently watched the 100 years of Warner Brothers documentary series on Max and with all of the buying and selling of Warners’ assets over the last 50 years I would guess it’s no simple matter to figure out who owns what.

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[PGage]

It is hard to see on the face of it what is worth a half a billion dollars in this package. Purple Rain was a mega hit but…maybe there is some kind of IP value in music rights I am not seeing?

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[Mark Jeffries]

As I read elsewhere, much of the library is film scores, of which there is no great value, and outside of some standards used in Warners' musicals (as in "42nd Street," which was turned into a Broadway show in the 80s and is still being produced somewhere), it's not exactly like owning the Beatles or Bob Dylan or David Bowie catalog.

However, Paramount sold their library some years ago, but I don't remember for how much.

Mark Jeffries
spotl...@gmail.com

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[Doug Eastick]

semi-related.

For those interested in investing in song-rights and licensing, Hipgnosis Songs Fund continues to buy lotsa rights and market them.   I think their most recent major acquisition was Beiber's stuff.

Hipgnosis Songs Fund - Wikipedia

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