ArentFox Schiff Represents BMG in Purchase of Substantial Stake in Simon & Garfunkel’s Recording Rights Income
ArentFox Schiff, led by Partner Matt Finkelstein, represented long-time client BMG, the Berlin-based international music publishing company and record label, in the purchase of Paul Simon’s royalty income from Simon & Garfunkel recordings as well as his neighboring rights income, representing a substantial stake in the musical icon’s work.
Paul Simon, a two-time Rock & Roll Hall of Fame inductee, and Simon & Garfunkel are among the world’s best-selling artists of all time. The duo put out multiple global Number One records including “The Sound of Silence,” “The Boxer,” “Mrs. Robinson,” and “Bridge Over Troubled Water,” which have been streamed hundreds of millions of times.
Read the Variety article about the transaction here.
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