Sony Buys Stake In Michael Jackson’s Catalog Valued Over $1.2 Billion

[Mars]

Lol
. True

Michael is the only artist to outsmart a record label/Sony And this is what his family does? I get its onlynhalf and 1.2 Billion..but still

How did Micheal outsmart Sony when he was taking loans from them?.... Also, the man Micheal put in place to run his estate worked for Sony,right?

 

[Eye Cue DA COLI GAWD]

His kids' kids' kids' kids go be eating off this when everyone else in bunkers hiding from climate change like in Silo

 

[Ohene]

I wonder where Mike would finish on a most popular figure to ever walk earth list lol

number 1 easily
even jesus had more haters

 

[RennisDeynolds]

Sony got the last laugh

 

[RennisDeynolds]

His kids' kids' kids' kids go be eating off this when everyone else in bunkers hiding from climate change like in Silo

Won't be anything left by the time the leeches get done with it

 

[Saint1]

In the article it says the Jackson estate brings in around $55 mil annually.


Streaming don't pay shyt.
Is this money money from merchandise, performance rights and A LOT of streaming?

 

[L. Deezy]

How did Micheal outsmart Sony when he was taking loans from them?.... Also, the man Micheal put in place to run his estate worked for Sony,right?

Loans vs ownership?

Sure, MJ wasnt cash heavy when he was alive. Terrible with money, savy. By outplaying Sony, MJ family sold the % Sony ATV which included the Beatles for 750 million in 2016. They net about 250 million after clearing Mikes loans. Now they made 1.2 billion for selling half of Mikes shyt. So tell me how Mike didnt win ultimately?

 

[Harry B]

In the article it says the Jackson estate brings in around $55 mil annually.


Streaming don't pay shyt.
Is this money money from merchandise, performance rights and A LOT of streaming?

What streaming pays to the owner of music is readily available on the internet. Why do people keep on in quoting people who sold the rights to their music. Hedge funds wouldn’t pay mad money for catalogs if “streaming don’t pay shyt” was a true statement

 

[Rekkapryde]

thought they already owned it?


edit: thought his momma sold his music shyt. that nikka was eating off other people's royalties

In September 2016, Sony acquired the Jackson estate's stake in Sony/ATV in a deal valued at around $750 million. The Jackson estate retained its ownership of Mijac Music, which holds the rights to Michael Jackson's songs and master recordings.

 

[RasNas]

Sony shady af

 

[Duke_Droese]

His kids' kids' kids' kids go be eating off this when everyone else in bunkers hiding from climate change like in Silo

His kids

They don't have 1% of Jackson 5 era mike in them.

It's a shame he didn't reproduce a few times because one of his kids might have got the talent passed down.

 

[ORDER_66]

Sony shady af

It's a corporation.... that's par the course