August 14, 1985: Paul McCartney advised Michael Jackson to invest in publishing. Jackson made a winning bid for the rights to over 250 Lennon-McCartney Beatles songs.
Michael Jackson outbid his friend Paul McCartney to purchase ATV Music in 1985 for more than $40 million, then sold half to Sony a decade later for more than $100 million to create Sony/ATV.
Paul McCartney & Michael Jackson
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By the time of his death in 2009, Jackson was approximately $500 million in debt, according to multiple sources. McCartney and Jackson had previously enjoyed a lengthy period of collaboration, highlighted by a No. 1 pop duet in 1983's "Say Say Say," but that relationship soured after the ATV acquisition.
August 14, 1965: The McCoys released "Hang On Sloopy."
To talk about the McCoys and “Hang On Sloopy,” we first need to talk about the Strangeloves. The McCoys were really Rick And The Raiders, a teenage rock band from Indiana. Rick And The Raiders opened for the Strangeloves one night in Dayton, and they also played as their backing band. They looked like Beatles, and the Strangeloves saw dollar signs.
The McCoys
So the Strangeloves got Rick And The Raiders to come with them to New York. But first, they had to get the band’s parents’ permission. They renamed the band, so that nobody would get them confused with Paul Revere And The Raiders. And they got singer Rick Derringer to sing over the backing track that the Strangeloves had already recorded. And that’s how we got “Hang On Sloopy.”
August 14, 1976: Cliff Richard's biggest US hit, "Devil Woman," entered the Billboard Top 40, reaching Number 6.
Released in late April 1976, "Devil Woman" made its way up to number 9 on the singles chart in Richard's native UK in June 1976.
Cliff Richards
However, it became Richard's first single to reach the Top 20 in the US, making number 6 on the Billboard Hot 100, Richard's highest peaking single and biggest seller in the US.
August 14, 1971: The Bee Gees posted their first Number 1 song, "How Can You Mend A Broken Heart."
The Bee Gees were the dominant chart-pop act of the ’70s, the closest thing to the Beatles that the decade had. No single act is ever going to tower over an entire decade the way the Beatles towered over the ’60s, but the Bee Gees’ commercial success in the ’70s is still baffling.
Bee Gees
Most of the Bee Gees’ hits came toward the end of the decade, when the group embraced disco. But the trio already had a couple of complete career arcs before they arrived at that sound. They even had at least one before landing upon “How Can You Mend A Broken Heart,” their first American #1.
August 14, 1971: Tommy James' hit song, "Draggin' The Line," hit its peak at Number 4 song on the US Hot 100 charts.
Asked about the meaning of the title in a 2009 interview, Tommy James said: "'Draggin' the Line' just meant working every day. Nothing really very mysterious about it."
Tommy James
However, it has been falsely speculated that the song's title and lyrics refer to cocaine use, citing the title, the lyrics, Tommy James' documented drug use, and because another Tommy James and The Shondells song, Crystal Blue Persuasion, has been previously associated with the use of speed.
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