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-0.000147841513896968 -0.000295683027794146 -0.000295683027794146 0.000887049083382647 0.00206978119455944 0.00177409816676529 -0.00960969840331152 -0.0121230041395623
Stock impact report

Ed Sheeran fights appeal in 'Thinking Out Loud' copyright case [Reuters]

Warner Music Group Corp. - Class A (WMG) 
Company Research Source: Reuters
court was asked to revive a copyright lawsuit claiming Sheeran illegally borrowed from Marvin Gaye's classic "Let's Get It On." A 2nd U.S. Circuit Court of Appeals panel questioned lawyers for Sheeran and plaintiff Structured Asset Sales over whether elements of Gaye's song were copyrightable and how broadly a Manhattan federal court should have interpreted the copyright's scope. Sheeran previously defeated a separate copyright lawsuit over "Thinking Out Loud" brought by the heirs of "Let's Get It On" co-writer Ed Townsend. Structured Asset Sales is owned by investment banker and "Bowie Bonds" creator David Pullman, which owns another part of Townsend's interest in "Let's Get It On." SAS sued Sheeran, his label Warner Music Group (WMG.O) New Tab , opens new tab and his music publisher Sony Music Publishing (6758.T) New Tab , opens new tab in 2018 after Townsend's heirs filed their lawsuit. U.S. District Judge Louis Stanton dismissed SAS' case last year following a jury verdi Show less Read more
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