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FEATURED Michael Jackson Estate Sells Half of Catalog For $1.2 Billion

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Goldie

I Just Want Some Chips
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In what could be the largest valuation ever of a musician’s music assets, Sony Music Group has closed an agreement to buy half of Michael Jackson‘s publishing and recorded masters catalog in a deal that sources say valued those music assets somewhere above $1.2 billion. Other sources have suggested it might be as much as $1.5 billion. At those valuations, Sony will pay at least $600 million for its stake of the legendary rights.

That means that the Jackson deal, which closed late last year, is at a bigger valuation than the $1.2 billion that Queen is currently seeking. And whereas the Queen valuation includes, sources say, royalties from income streams beyond the masters and publishing, including from the Freddie Mercury biopic, Bohemian Rhapsody, and theatrical productions using Queen’s music, Sony’s deal with the Michael Jackson estate does not include royalties from the Broadway play and other theatrical productions featuring Jackson’s music.

It may not, however, just be Jackson’s music that’s involved in the deal. Sources say the current deal includes non-Jackson-authored songs in his Mijac publishing catalog, which also includes the approximately 250-song Sly & the Family Stone publishing catalog as well as iconic songs written and/or performed by Jerry Lee Lewis, Jackie Wilson, Curtis Mayfield, Ray Charles, Percy Sledge and Dion.

Last February, following a story first reported by Variety that the Jackson deal was being negotiated, Billboard estimated that the iconic artist’s estate earns about $75 million annually. Those assets include ownership of master recordings, publishing for Jackson’s share of his songs, his Mijac publishing catalog and revenue from merchandise and royalties from theatrical shows featuring Jackson’s music. At the time, Billboard estimated that within the $75 million estimate, Jackson’s recording and publishing assets alone brought in $47.2 million to the estate; and that Mijac might be bringing in another $5 million to $8 million annually.

The Jackson estimate, however, did not take into account that his popularity appears to be growing as the streaming marketplace expands.

 
50% for over a billion


I’m sure they couldn’t get a billion using his music. Sometimes this the best thing to maximize profits
 
It’s not always about the bread
Lmao.

Then why black artist and actors talking about not getting money

It’s always about the money.


They keep the rights to make the money. Don’t mean they can come close to what was offered in 100 years
 
Lol niggas will forever in the service of the others

Money comes and goes

U basically one bad deal, investment or a scam from losing everything

It’s about control that’s what MJ and Prince fought for and it’s slowly being chipped away from them
Apply that to owning MJ category.

One bad incident away from having it taken or being forced to sell it.

It’s 50%


Business folks sell and buy things like this all the time. White and black. Stop making this a black thing
 
Apply that to owning MJ category.

One bad incident away from having it taken or being forced to sell it.

It’s 50%


Business folks sell and buy things like this all the time. White and black. Stop making this a black thing
He s dead fam what bad incident could happen

It’s 50% now

They ll come for the rest later when they have the capital

If MJ wanted the shit sold I’d done it while he was alive and in debt

Fam everything in this world is black and white shit we on a site called Ablackweb
 
I'm a fan. Though I'm not all that attached to the person. MJ is a mysterious person. Though I'll always wonder how he saw himself in relation to black people considering he choose to adopt three white children and leave his legacy in their hands.
 
In what could be the largest valuation ever of a musician’s music assets, Sony Music Group has closed an agreement to buy half of Michael Jackson‘s publishing and recorded masters catalog in a deal that sources say valued those music assets somewhere above $1.2 billion. Other sources have suggested it might be as much as $1.5 billion. At those valuations, Sony will pay at least $600 million for its stake of the legendary rights.

That means that the Jackson deal, which closed late last year, is at a bigger valuation than the $1.2 billion that Queen is currently seeking. And whereas the Queen valuation includes, sources say, royalties from income streams beyond the masters and publishing, including from the Freddie Mercury biopic, Bohemian Rhapsody, and theatrical productions using Queen’s music, Sony’s deal with the Michael Jackson estate does not include royalties from the Broadway play and other theatrical productions featuring Jackson’s music.

It may not, however, just be Jackson’s music that’s involved in the deal. Sources say the current deal includes non-Jackson-authored songs in his Mijac publishing catalog, which also includes the approximately 250-song Sly & the Family Stone publishing catalog as well as iconic songs written and/or performed by Jerry Lee Lewis, Jackie Wilson, Curtis Mayfield, Ray Charles, Percy Sledge and Dion.

Last February, following a story first reported by Variety that the Jackson deal was being negotiated, Billboard estimated that the iconic artist’s estate earns about $75 million annually. Those assets include ownership of master recordings, publishing for Jackson’s share of his songs, his Mijac publishing catalog and revenue from merchandise and royalties from theatrical shows featuring Jackson’s music. At the time, Billboard estimated that within the $75 million estimate, Jackson’s recording and publishing assets alone brought in $47.2 million to the estate; and that Mijac might be bringing in another $5 million to $8 million annually.

The Jackson estimate, however, did not take into account that his popularity appears to be growing as the streaming marketplace expands.


I thought MJ owned some of the Beatles catalog??
 
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