Allens has advised Sony Music Publishing on a deal with Australian Music Corporation (part of the Albert Group), granting Sony worldwide publishing rights over AC/DC's entire catalogue, which includes hits 'Thunderstruck', 'Back in Black', 'Highway to Hell' and 'TNT'.
As part of the deal, Sony also obtained publishing rights over the catalogue of song writing and producing team Vanda, Young & Wright, which includes 'Friday on my Mind' by The Easybeats and 'Love is in the Air' by John Paul Young.
The deal brings AC/DC's publishing and recording rights together under the Sony banner for the first time. AC/DC is one of only two bands to claim top 10 albums in the 1980s, '90s, '00s, '10s and '20s.
'We are pleased to have worked with Sony on this landmark deal. Sony's global reach presents a wide range of opportunities to build on AC/DC and VY&W's iconic legacies,' said lead Partner Andrew Wiseman.
Allens legal team
Intellectual Property & PTA:
Andrew Wiseman (Partner), Elliott Burton (Senior Associate), Ryan Whittard (Law Graduate)