Michael Jackson's Music Catalog to be Sold for $800-$900 Million by Estate

Michael Alexander

Lined Circle

Three sources confirm that the Michael Jackson estate is selling half of its holdings in the late singer's music library in a deal worth between $800 million and $900 million.

Michael Jackson

Sources claim that Sony and a potential financial partner are attempting to buy 50% of the estate's stakes in Michael Jackson's publishing, recorded music sales, Broadway production of "MJ: The Musical," impending film "Michael," and maybe other assets.

Michael Jackson

The package would represent the most significant offering in the still-exploding music catalog business.

Michael Jackson

A financial source informed that Primary Wave Music is interested in Jackson's publishing library, though the specifics needed to be explicit.

Michael Jackson

Representatives refused various requests for comment for the Jackson estate, co-executors John Branca and John McClain, Sony, and Primary Wave.

Michael Jackson

Sony has been a part of some of the greatest catalog acquisitions in the past. For a total of about $600 million, it purchased Bruce Springsteen's publishing and recorded music catalogs.

Michael Jackson

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