Never in history has there been such a sensational sale of a single artist's repertoire. According to what he reports billboardSony bought 50% of the rights to both the publishing and master recordings of Michael Jackson.
We're talking at least $600 million. That means Jacko's entire catalog is worth $1.2 billion. Given this, it is not surprising diversity A year ago he was already talking about a value of 50%, which would even correspond to 800, if not 900 million.
The agreement is broader and secondary diversity Includes, among others, Jackson's Mijac catalog, which secures publishing rights to other artists such as Sly & the Family Stone, Jerry Lee Lewis and Ray Charles.
Contacted by Rolling Stone USAThe pop star's asset managers did not comment.