Sony Music buys stake in Michael Jackson music catalog.

Sony Music has reached a deal to acquire a 50% stake in the music catalog of the late Michael Jackson for a valuation of over $1.2 billion, according to two sources. The deal involves Sony purchasing a portion of Jackson's recorded music and songwriting catalogs, which include hits such as "Beat It" and "Bad," as well as songs from other artists within the Mijac publishing catalog.

February 09, 2024
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