Worth way more than that.
Its “only” half the shares of the estate’s publishing. If they sold 100% it would EASILY cross 2 billion.
I know streaming has everybody up in arms because of how pitiful the payouts are but MICHAEL JACKSON’S publishing is ONE catalog I thought they’d never sell. His catalog will make money long after all of us are dead and gone. He’s got the most bullet proof catalog of any artist who ever lived.
Thriller alone will sell forever
Throw in Off The Wall, Bad, and Dangerous? Please
And thats not to MENTION the Jackson 5/Jacksons catalog
This is the ONE I can’t say I understand selling ANY portion of it.