Firm guides music publisher in sale of song rights

November 19, 2018 – Partner David Given and of counsel attorney Elliot Cahn have completed their representation of Elliot/Jacobsen Music Publishing in the sale of its song PAPA DON’T PREACH to Reservoir Media Group.  The transaction, which closed today, concludes a 30-year collaboration between songwriter Brian Elliot and music producer and personal manager Erik Jacobsen in the ownership and management of the rights to that song.  PAPA DON’T PREACH, written by Elliot, was originally recorded by Madonna.  That version of the song went on to become a smash hit, certified gold in both the U.S. and the U.K. and reaching the top of the charts in five countries.  The track was the first number one hit from Madonna’s 1986 studio album True Blue, and was later featured on the compilation albums The Immaculate Collection (1990) and Celebration (2009).  The song has also been recorded by Kelly Osbourne and the Cast of Glee. The firm has counseled several individual and corporate clients in similar transactions valued collectively at over $25 million.