Quote:
Originally Posted by orlok
Whether or not these details are 100% accurate, what I find staggering is why Warner would pay such a vast sum for the rights? The only place we hear the song in our daily lives, generally, is at a birthday party, and I'd like to see Warner try to claim royalties on that!???
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The $25 million was for the company that owned the rights. It was for more than just that one song, although that was probably its major asset.
The royalties are said to be around $2 million per year (from film and TV mostly, I think.). That's quite a good return on the investment.