Fashion > Music
Michael Jackson Estate Reportedly Approaching $800M to $900M USD Sale of Music Catalog
1 month ago | By Hypebeast
The estate of Michael Jackson is reportedly closing in on a $800 million USD to $900 million USD deal to sell half of its share in the late artist's catalog. According to Variety , Sony and a potential financial partner are currently discussing the possible acquisition of 50% of the estate's interests in the artist's publishing, recorded music revenues, the MJ: The Musical show on Broadway, the forthcoming Michael biopic and others. It remains unclear who the financial partner is, but regardless of the party, this will mark the most expensive acquisition in the music catalog market yet as...
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