Sony Buys Out Micheal Jackson’s Estate!
Source: Barry King / Getty
Micheal Jackson’s estate just got even richer! Sony has agreed to pay $750 million for Micheal Jackson’s share of Sony/ATV publishing, which he owned 50% of! Now, Sony/ATV Publishing has control of copyrights for songs like: New York, New York; Jailhouse Rock; I Heard It Through The Grapevine; and All I need Is Love! Micheal purchased most of the catalog in 1985 for only $41.5 million! Now, that’s a major “comeup”!
