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Michael Jackson's Estate In Talks To Sell 50% Of Catalog For Over $800 Million

Michael Jackson's Estate In Talks To Sell 50% Of Catalog For Over $800 Million

L'Oréal Luchi
02/08/2023 12:00 AM EST

Michael Jackson’s legacy lives on.

According to reports, MJ’s estate is in talks of closing on a huge deal. Variety reports they’re in the process of selling half of its interests in the king of pop’s catalog.

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Details of the deal are unclear, but it could be sold from $800-$900 million. The article reports Sony and a possible financial partner are negotiating to acquire 50 percent of the estate’s interest in MJ’s publishing, recorded-music Venus, the “MJ The Musical” Broadway show, an upcoming biopic, Michael, and more.

TMZ reports the estate would only entertain a 50/50 split if the estate maintains complete management and control.

During Michael’s career (including the Jackson 5), SONY and its predecessor CBS were the only outlets for his music.

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Michael passed away in 2009 at the age of 50.

Let us know your thoughts on the deal.