Sony has acquired half of Michael Jackson's music catalog in a deal worth around $600 million, making it the largest music catalog deal in history. The transaction values Jackson's entire catalog at $1.2 billion, giving Sony rights to his recorded music and songwriting. The estate retains significant control over the catalog, contrasting with other recent blockbuster catalog deals. The deal is considered the richest sale for an individual musician's work, with Sony purchasing a 50% stake in Jackson's catalogs, including hits like 'Beat It' and 'Bad.'
Sony Buys Michael Jackson’s Music Catalog for $600 Million Despite the Pop Star Calling Sony’s Former CEO the “Devil” Before His Death via @gatewaypundit https://t.co/8crR8RTgNz
The deal, which has been gossiped about in the music industry for months, is said to involve Sony purchasing a 50 percent stake in Michael Jackson’s recorded music and songwriting catalogs. https://t.co/iLjod8iyKG
Sony is said to have bought a 50% stake in Jackson's catalog last year in what is reportedly the richest sale for an individual musician's work. https://t.co/jlYKXaOgur
We saw @Sony get in on the acquisition game with a $600m deal for Michael Jackson's catalog It's not just businesses that get acquired! In 2021, the music industry spent $5.3 billion on music catalog acquisitions. Sony has valued the catalog at an insane $1.2 billion but after… https://t.co/8Fdz0eLVMR
The richest music catalog deal to date would give Sony half of Michael Jackson’s recorded music and songwriting rights, valuing the total collection at $1.2 billion or more. https://t.co/iLjod8iyKG
Sony said to pay around $600M for Michael Jackson catalog deal https://t.co/loboWPeFgK
Sony Music Group has made a potentially record-breaking deal to buy half of Michael Jackson’s music catalog, which includes not only his own hits, but also popular songs written or performed by others. | By Paul Hoskin https://t.co/EviWJIGdh3
Sony is buying a 50% stake in Michael Jackson's music catalog for around $600 million It's the largest music catalog deal in history and values Jackson's entire catalog at $1.2 billion King of Pop still on top https://t.co/ReQeQuUsfv
The Michael Jackson transaction is said to leave the estate a significant degree of control over the catalog. That contrasts with many other blockbuster catalog deals in recent years, like those with Bob Dylan, Bruce Springsteen and Paul Simon. https://t.co/iLjod8i0V8
Sony reached a deal to pay around $600 million to acquire half of Michael Jackson's catalog, which includes some of his biggest hits like "Beat It" and "Bad." https://t.co/AAMtW1gTuN