The family that claims to own the rights to the international hit ‘The Lion Sleeps Tonight‘ has settled with the Walt Disney Company after its reportedly unauthorized use in the hit animated feature Disney’s The Lion King.
The song has reportedly earned more than $15m (£8.4m) because of its use in the The Lion King movies, but Mr Linda’s family received $15,000 (£8,400). The settlement involves back payment of royalties to the family and the right to participate in future payments on a worldwide basis.
$15,000 doesn’t seem like a lot at just 0.1% of estimated earnings. But the right to continue to collect 0.1% might be worth something.