Michael Jackson estate in talks to sell singer’s music catalog
Michael Jackson you can have your music catalog sold for astronomical value. According to a report released by Variety50% of the rights to the King of Pop’s discography would be sold, in addition to part of the profit from the Broadway musical MJ: The Musical and the biopic Michael.
As informed by three sources of the publication, the sony, allied to a financial partner, is the company interested in the purchase. The negotiation would be between US$ 800 million and US$ 900 million, values that exceed R$ 4 billion, consolidating itself as the biggest sale to date.
A Primary Wave Musicanother company in the field, would have already bought part of the Michael Jackson, although details were not revealed. All those involved in sales and the musician’s estate declined to comment on the negotiations when contacted by Variety.
A sony has been involved in other millionaire purchases in the music industry. Among them, the catalog of Bruce Springsteenfor about US$ 600 million, and the rights to the recordings of bob dylanfor about US$ 200 million – after the singer sold the catalog of compositions to Universal Music.
Michael Jackson biopic ‘glorifies man who abused children’, says director
Director responsible for the documentary Leaving Neverland, dan reed detonated production of the biopic of Michael Jackson starring Jaffar Jackson (nephew of Pop king), and claimed that the film “glorifies man who abused children.”
“In an age when outright outrage accompanies anything that smacks of delegitimization or insensitivity against a vulnerable group, this amounts to deafening silence,” he wrote. “No one is talking about ‘cancelling’ this movie, which glorifies a man who raped children.”
Source: Rollingstone
Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.
