Sony pays US$750m for Michael Jackson estate's share of music catalogue
Sony/ATV joint-venture catalogue has more than 1m copyrights, including about 250 songs by The Beatles
Wed, Mar 16, 2016 - 5:50 AM
Mr Hirai said the deal "further demonstrates Sony's commitment to the entertainment businesses".
SONY has agreed to pay the late entertainer Michael Jackson's estate US$750 million for its share of the Sony/ATV Music Publishing catalogue, the two parties announced on Monday, ending one of the most closely watched contests in the music industry.