Sony Acquires Half of Michael Jackson's Catalog for $1.2 Billion

The landmark deal, marking the largest valuation for a single musician's assets, includes iconic songs and recordings.

Sony Music Group finalizes a deal to purchase a 50% stake in Michael Jackson's music catalog, valuing the total assets at around $1.2 billion.
The acquisition encompasses Jackson's own compositions as well as songs from other legendary artists within the Mijac publishing catalog.
The deal, excluding royalties from Broadway and other theatrical productions, highlights Sony's commitment to significant music assets.
Michael Jackson's legacy continues to grow, with a notable increase in music consumption and anticipation for an upcoming biopic.
The transaction has sparked mixed reactions, with some fans expressing outrage over the sale to a company Jackson reportedly despised.