Settlement
In February 2006, Linda's heirs attained a legal settlement with Abilene Music company, which had the worldwide rights and had licensed the song to Disney. This settlement applies to worldwide rights, not just South African, since 1987. The money will go to a trust, to be administered by SA Music Rights CEO Nick Motsatsi.
The primary outcomes of the settlement of February 2006 were:
The action was scheduled for trial commencing on February 21, 2006. Just before the trial date, a settlement was attained between the parties to the litigation, as well as with Abilene Music company, the true defendant of the litigation, which had granted an indemnity to the Disney company when it had licensed the use of The Lion Sleeps Tonight. The settlement, which operates worldwide and in settlement of all claims, encompasses the following:
• The Linda heirs will receive payment for past uses of The Lion Sleeps Tonight and an entitlement to future royalties from its worldwide use.
• The Lion Sleeps Tonight is acknowledged as derived from Mbube.
• Solomon Linda is acknowledged as a co-composer of The Lion Sleeps Tonight and will be designated as such in the future.
• A trust will be formed to administer the heirs’ copyright in Mbube and to receive on their behalf the payments due from the use of The Lion Sleeps Tonight
- WIPO Magazine
Read more about this topic: Solomon Linda
Famous quotes containing the word settlement:
“The difficult and risky task of meeting and mastering the new—whether it be the settlement of new lands or the initiation of new ways of life—is not undertaken by the vanguard of society but by its rear. It is the misfits, failures, fugitives, outcasts and their like who are among the first to grapple with the new.”
—Eric Hoffer (1902–1983)
“A Settlement is above all a place for enthusiasms, a spot to which those who have a passion for the equalization of human joys and opportunities are early attracted.”
—Jane Addams (1860–1935)
“The Settlement ... is an experimental effort to aid in the solution of the social and industrial problems which are engendered by the modern conditions of life in a great city. It insists that these problems are not confined to any one portion of the city. It is an attempt to relieve, at the same time, the overaccumulation at one end of society and the destitution at the other ...”
—Jane Addams (1860–1935)