Why Is Sony Paying the Michael Jackson Estate $750 Million?

Mar 15, 2016  •  Post A Comment

Back in 1985, Michael Jackson bought the ATV Music catalog for $41.5 million, reports TMZ.

Now, says TMZ, “Sony is forking over $750 million to buy out MJ’s share of [what is now called] Sony/ATV Music Publishing.”

The story also notes that Sony/ATV Music Publishing “owns copyrights for some of the biggest recordings in history. For instance, [it] controls ‘New York, New York,’ ‘Jailhouse Rock,’ ‘I Heard it Through the Grapevine,’ ‘All You Need Is Love’ and ‘The Mission Impossible Theme.’”

JAILHOUSE ROCKElvis Presley performing the song “Jailhouse Rock” in the movie of the same name


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