Michael Jackson is one of history's most celebrated and decorated artists and performers of all time.
The "Thriller" singer suddenly passed away in 2009, and his death is still generally considered a big mystery, but one thing isn't mysterious at all: his music catalog is being sold for millions of dollars.
According to Variety, Jackson's estate is in the middle of a huge deal with Sony; they are selling half of the interests of the King of Pop's music catalog to the company for $800 to $900 million.
Despite being dead for more than a decade, the singer's name remains in the industry as a highly respected and honored artist, which is probably why the deal is being negotiated by the millions.
Sources revealed to the publication that Sony is looking into acquiring 50% of the interests in Jackson's publishing.
This isn't the first time Sony acquired a huge artist's publishing, in fact, it acquired Bruce Springsteen's publishing for about $500 million two years ago.
At that time, it was considered the biggest deal for a solo artist, reports say, but it seems like Jackson is about to trump Springsteen's record, which ironically trumped Bob Dylan's $300 million deal.
If this deal pushes through, Jackson's $800 to $900 million will be the biggest in music history-as expected of the legendary singer.
Michael Jackson's Music Catalog
Jackson has an extensive and impressive music catalog that spans decades, after all, he has been in the music industry since he was a child.
He began his music career in 1964 alongside his brothers, who were known as the Jackson 5.
In 1979, he released his first solo studio album "Off the Wall."
His best-known albums like "Thriller" and "Bad," came much later in his career.
Aside from music, Jackson also appeared in several movies like "The Wiz" released in 1978, "Moonwalker" in 1988.
As of this writing, Jackson's biopic is in the works. He will be portrayed by his nephew, Jafar Jackson.
While he is one of the most celebrated artists of all time, he has received his fair share of criticism throughout his career and even after his death.
According to reports, the upcoming biopic about the singer is already causing debate, as the "Leaving Neverland" documentary director Dan Reed questions if it will "glorify a man who abused children."
© 2024 MusicTimes.com All rights reserved. Do not reproduce without permission.