Recordings of well-written songs can continue to earn income for the owner of the song and the owner of the recording for many years. If you’ve ever considered writing music and lyrics, get to work! The creative and financial rewards can last a long time.
The rules for regaining or recapturing your songs or recordings are a bit complex and you should certainly consult an experienced intellectual property or music business attorney if you wish to re-capture ownership of a copyright.
For a more complete list of recordings whose ownership may be decided by courts in the near future, go to http://www.nytimes.com/imagepages/2011/08/15/arts/term-chart.html.