Michael Jackson’s estate to sell stake in catalog to Sony Corp

Q.  Which  popular musician’s stake in a music catalog has been sold to Sony for USD 750 million?
- Published on 16 Mar 16

a. George Michael
b. Michael Jackson
c. Michael Bolton
d. Janet Jackson

ANSWER: Michael Jackson
 
The estate has agreed to sell its remaining stake in lucrative music catalogue Sony Corp for USD 750 million and the agreement for Jackson’s half-share of the Sony/ATV Music Publishing catalogue will give the company sole ownership of works by The Beatles, Bob Dylan and other hit making musicians, including Eminem and Taylor Swift. This is another posthumous block buster deal for Jackson whose estate has paid back the singer’s massive debts.

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