On the Den Of Geek website there is a story titled ‘Did The Beatles Really Sue Sesame Street?’ In the story, they explain how Chris Cerf, who was the music producer for Sesame Street, wrote a parody of ‘Let It Be’ for the show called ‘Letter B’. He also wrote a ‘Hey Food’ parody for ‘Hey Jude’. He was then sued for doing these parodies by Northern Songs, not the Beatles directly.
“But luckily for us, Michael Jackson bought the entire catalog and he thought the lawsuit was ridiculous. He settled the entire suit for $50.”
Cerf continues to explain. “The humor for me was that I had to write out a check to Michael Jackson for $50 and I figured I would come out ahead because he would endorse the check and then I could sell the autograph for more than $50, but unfortunately he used a rubber stamp, so that didn’t work out.”