The rights would have been returned to Jay 35 years after the record was released. The documentation to formalize the situation has been submitted by his attorneys.
Therefore, what does this imply for the auction scheduled for August 29? The individual who ultimately acquires Dame’s shares —
the minimum bid is $1.2 million — will receive one-third of all “Reasonable Doubt” revenues. However, this benefit will only be available for the next six years and change.
