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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. Michael Jackson's catalog is reportedly worth $1.2 ...
Clockwise from top left: Janet Jackson, Michael Jackson, Whitney Houston and Madonna.Four of the artists who have had the largest recording contracts up to one point. [a]The following is a list of the largest music deals in history signed by artists, including recording contracts and multi-rights agreements with over $50 million, as well catalog acquisitions with a reported sum of over $150 ...
As of 2007, Jackson's own financial documents stated that his 50% share of the catalogue was worth $390.6 million, [63] which would have made the entire catalogue worth $781.2 million. In 2009, the value of the company was further estimated by Ryan Schinman, chief of Platinum Rye, to be $1.5 billion.
In what is apparently the conclusion of a deal that Variety tipped a year ago, Sony Music Group has completed a transaction to acquire half of Michael Jackson’s publishing and recorded masters ...
He was also instrumental in the production and release of Michael Jackson's Thriller short film. [8] Branca helped Jackson purchase ATV Music Publishing in 1985 for $47,500,000 (which held the copyrights to The Beatles' and Little Richard's songs). [9] Within a few years the catalog was worth more than $400,000,000.
What was Michael Jackson’s net worth at the time of his death? ... Sony Music Group closed an agreement to buy half of Michael Jackson‘s catalog in a deal that reportedly valued his musical ...
In 2007, the Jackson estate's assets were calculated to be $1,360,839,979, with 85% of that total being Jackson's stake in the Sony/ATV Music Publishing song catalog that includes most of the Beatles' songs. Jackson also had sizeable debts that far outstripped his liquid cash total, which was just .05% of his net worth.
Sony's (SNE) agreement with Michael Jackson's estate, worth an eye-popping amount of money, proves the company is betting on audiences' perpetual inspiration to lay out their cash for his "new ...