Michael Jackson Estate Sells Stake In Sony ATV

Published: Monday 3rd Oct 2016 by David

It’s official.

Michael Jackson’s estate has sold its stake in Sony ATV to the company.

Full story below…

In 1985, following the advice of one Paul McCartney, Jackson purchased ATV Publishing and merged it with Sony Music a decade later.

Now, seven years after the singer’s untimely death, the company (now known as Sony ATV) has purchased his stake in it to secure sole ownership of it.

The price they paid for it?

$750 million.

Sony/ATV chairman/CEO Martin Bandier shared:

The completion of this deal is terrific news for Sony/ATV and everyone who works for the company. It marks the start of an exciting new chapter in our proud history and we cannot wait to get started as a 100% Sony-owned company. Sony Corporation has shown absolute faith and support in us and what we do by undertaking this deal and we are ready to repay that trust in the months and years ahead. I’d also like to take a moment to thank the Estate and especially John Branca, John McClain and Karen Langford for everything they have done for Sony/ATV over the two decades of the joint venture. They will remain an integral part of our legacy.

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  1. ? October 3, 2016

    Sony killed him

    • Yoncé The Great October 3, 2016

      I agree. Warner Bros. killed Prince. You cannot be a Black man and live a long, prosperous and less stressed life owning great music catalogs. We live in a cruel world that is afraid of Black excellence.

      • Indie October 3, 2016

        Agree with both comments!

  2. Stephy October 3, 2016

    Michael Jackson, my heart breaks for you man. I’ll always love your art. Your music saved me, and I know people say that all the time… But this mans art saved me. I honestly would’ve taken my life if it wasn’t for his music. Got me thru some of my darkest days. RIP you troubled & tortured soul… Lord Have Mercy.

  3. Danzou October 3, 2016

    I love and miss him so much.

  4. FC/JC October 3, 2016

    RIP Michael, King Of Music!

  5. Girl_6 October 3, 2016

    These vultures tried to get when he was alive and now they finally accomphlished th their goals

    MJ just flipped in his tomb

  6. Nowqd Redv dibut it ash trjoan ivy blobukz Need UK timely Ukuno eremixi October 3, 2016


  7. Nonya haw October 4, 2016

    Thats utter b******* MJ would have never wanted to sell the rights to something he has worked hard for and aquired making him able to sit at the table with these white pigs. R.I.P. MJ

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