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