By Adam S. Levy For Dailymail.com
Published: 04:01 GMT, 20 March 2019 | Updated: 04:01 GMT, 20 March 2019
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The organization that owns the Rodgers and Hammerstein catalog is getting 90 percent of the royalties on Ariana Grande's chart-topping single 7 Rings, which is heavily influenced by their 1959 song My Favorite Things from The Sound of Music.
The song's credits list a total of 10 writers, including the late composers, Richard Rodgers and Oscar Hammerstein II; the thank u, next singer, 25, and seven others.
Grande's team and label, Republic, hammered out an agreement with the organization, named Concord, late last year ahead of the single's release in January. Grande's camp did not make a counter offer when Concord asked for 90 percent of the royalties, according to The New York Times, noting that it illustrates the leverage music publishers have with pop artists when it comes to evergreen classics.
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Big business: The organization that owns the Rodgers and Hammerstein catalog is getting 90 percent of the songwriting royalties on Ariana Grande's chart-topping single 7 Rings. She was snapped in Albany, New York on Monday kicking off her Sweetener World Tour
Jake Wisely, the chief publishing executive of Concord, told the paper
