Sony Group Acquires $1.2 Billion Stake in Michael Jackson’s Music Catalogue

Sony Group has acquired a 50% stake in Michael Jackson’s music catalogue for over $1.2 billion, potentially valuing the assets at $1.5 billion. The deal, reported by Billboard, is the largest-ever of its kind, valued at a minimum of $600 million.

It includes master recordings and publishing rights for Jackson’s songs, with a possibility of expanding to include other artists affiliated with the Mijac publishing catalogue. This acquisition solidifies Sony Music’s control over Jackson’s legacy. Jackson’s estate had previously sold its interest in Sony/ATV Music Publishing.

The deal underscores the enduring financial strength of Jackson’s contributions, despite his passing in 2009. Sony Music anticipates the impact of this deal on Jackson’s musical heritage.

Key points include that the acquisition excludes royalties from productions like the “MJ” Broadway musical, and Jackson’s estate co-executors, John Branca and John McClain, are expected to retain their roles.

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