John Fogerty has just bought back his publishing rights on the songs he wrote for Creedence Clearwater Revival.
Billboard reported that Fogerty partnered with Irving Azoff to secure the publishing from Concord, which still owns the rights to the masters. Forgerty originally gave up his publishing rights and royalties back in 1980 to get out of his deal with Fantasy Records and to get away from label head Saul Zaentz, who he was involved in various legal battles with over the years.
Concord bought control of Fantasy back in 2004. At that time gave Fogerty a higher royalty rate on the catalog.
Fogerty told Billboard, "I’m the dad [of these songs]. I created them. They never should have been taken away in the first place. And that hijacking left such a massive hole in me… The happiest way to look at it is, yeah, it isn’t everything. It’s not a 100% win for me, but it’s sure better than it was. I’m really kind of still in shock. I haven’t allowed my brain to really, actually, start feeling it yet."
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[Source: Classic Hits Today]