The estate of Michael Jackson is negotiating the sale of half his music catalog. The asking price is in the range of $900 million.
Sony Music wants 50% of the revenue from Jackson’s publishing and music royalties. They would also take a portion of the money from the Michael Jackson musical on Broadway as well as the upcoming biopic staring Michael’s nephew, Jaafar Jackson.
Sony Music previously acquired in similar deals the catalogs of dinosaur rockers Bruce Springsteen and Bob Dylan.
Though this Jackson deal is by far Sony’s biggest. Even though Michael Jackson did not write many of his record-breaking hits from the 80s, for example “Thriller” and “Pretty Young Thing” and “Man in the Mirror” (Variety)
Jazz In The Gardens 2023 is all set for the weekend of March 11th & 12th 2023. Some of your favorite performers are returning for another exciting weekend at Hard Rock Stadium. This is a weekend you will not want to miss. Listen to Star106.5fm for your chance to win. You can also purchase tickets at jazzinthegardens.com.