Richard Ashcroft lost the rights for his most famous song “Bitter Sweet Symphony” to the Rolling Stones. Now he has them back. (via CNBCMakeIt)
"Bitter Sweet Symphony" in 1997.of the Stones' song "The Last Time," which was covered by the Andrew Oldham Orchestra in 1965. The Stones licensed a five-note section in exchange for half of the song's royalties, but the Verve allegedly breached this arrangement by using a longer segment than agreed.
Jagger and Richards have since held the rights to all royalties earned on the song, but have now agreed for all future royalties to go to Ashcroft. According to the BBC, Ashcroft has acknowledged that it was the Rolling Stones' late manager who had been responsible for the situation and not the musicians themselves.in the U.K. charts and number 12 on the U.S. Billboard Hot 100. It has also been streamed more than 346 million times on Spotify.
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