In a major music rights deal, Atlantic Records' catalog of Yes has been acquired by Warner Music Group. This transfer includes Yes' entire Atlantic output, marking a significant move for both parties.

Blabbermouth reported the news, stating that the financial details of the deal were kept confidential. The acquisition expands Warner's extensive music library, further solidifying its position as a leading player in the industry.

Yes, a pioneering progressive rock band, has been active since the late 1960s. Their discography, which spans over five decades, includes iconic albums like "Fragile," "Close to the Edge," and "Drama." With this acquisition, Warner now holds the rights to these classic records and any future revenue generated from them.

Music rights encompass various types of intellectual property, including recording rights, publishing rights, and performance rights. BMI provides an in-depth explanation of music rights and their significance. Music rights societies, such as ASCAP and BMI, play a crucial role in managing and collecting royalties for music creators and publishers.

The ownership of music rights can be complex, with various stakeholders involved, including artists, record labels, publishers, and collecting societies. Understanding the intricacies of music rights and their transfer is essential for anyone involved in the music industry or interested in music investments.

Billboard offers a comprehensive guide to music publishing and its workings, providing valuable insights into the world of music rights.

As the music industry continues to evolve, the importance of music rights and their management becomes increasingly significant. Acquisitions like the one between Warner and Yes' Atlantic catalog highlight the ongoing competition among major players to secure valuable music assets.