section_path: 1967–1969: Faltering popularity and Brian's reduced involvement/Selling of the band's publishing
section_name: Selling of the band's publishing
paragraph_text: Selling of the band's publishing
  
  In April 1969, the band revisited its 1967 lawsuit against Capitol after it alleged an audit revealed the band was owed over $2 million for unpaid royalties and production duties. In May, Brian told the music press that the group's funds were depleted to the point that it was considering filing for bankruptcy at the end of the year, which Disc & Music Echo called "stunning news" and a "tremendous shock on the American pop scene". Brian hoped that the success of a forthcoming single, " Break Away ", would mend the financial issues. The song, written and produced by Brian and Murry, reached number 63 in the US and number 6 in the UK, and Brian's remarks to the press ultimately thwarted long-simmering contract negotiations with Deutsche Grammophon. The group's Capitol contract expired two weeks later with one more album still due. Live in London, a live album recorded in December 1968, was released in the UK and a few other countries in 1970 to fulfil the contract, although it would not see US release until 1976, under the erroneous re-title Beach Boys '69. After the contract was completed Capitol deleted the Beach Boys' catalog from print, effectively cutting off their royalty flow. The lawsuit was later settled in their favor and they acquired the rights to their post-1965 catalog.
  
  In August, Sea of Tunes, the Beach Boys' catalog, was sold to Irving Almo Music for $700,000 (equivalent to $ 6 million in 2024). According to his wife, Marilyn Wilson, Brian was devastated by the sale. Over the years, the catalog generated more than $100 million in publishing royalties, none of which Murry or the band members ever received. That same month, Carl, Dennis, Love, and Jardine sought a permanent replacement for Johnston, with Johnston unaware of this search. They approached Carl's brother-in-law Billy Hinsche, who declined the offer to focus on his college studies.
  
  In April 1969, the band revisited its 1967 lawsuit against Capitol after it alleged an audit revealed the band was owed over $2 million for unpaid royalties and production duties. In May, Brian told the music press that the group's funds were depleted to the point that it was considering filing for bankruptcy at the end of the year, which Disc & Music Echo called "stunning news" and a "tremendous shock on the American pop scene". Brian hoped that the success of a forthcoming single, " Break Away ", would mend the financial issues. The song, written and produced by Brian and Murry, reached number 63 in the US and number 6 in the UK, and Brian's remarks to the press ultimately thwarted long-simmering contract negotiations with Deutsche Grammophon. The group's Capitol contract expired two weeks later with one more album still due. Live in London, a live album recorded in December 1968, was released in the UK and a few other countries in 1970 to fulfil the contract, although it would not see US release until 1976, under the erroneous re-title Beach Boys '69. After the contract was completed Capitol deleted the Beach Boys' catalog from print, effectively cutting off their royalty flow. The lawsuit was later settled in their favor and they acquired the rights to their post-1965 catalog.
  
  In August, Sea of Tunes, the Beach Boys' catalog, was sold to Irving Almo Music for $700,000 (equivalent to $ 6 million in 2024). According to his wife, Marilyn Wilson, Brian was devastated by the sale. Over the years, the catalog generated more than $100 million in publishing royalties, none of which Murry or the band members ever received. That same month, Carl, Dennis, Love, and Jardine sought a permanent replacement for Johnston, with Johnston unaware of this search. They approached Carl's brother-in-law Billy Hinsche, who declined the offer to focus on his college studies.