Sony Music Group has reportedly bought half of celebrity singer Michael Jackson’s catalog. The entertainment and electronics giant has paid at least $600 for 50 percent of the late singer’s catalog. This indicates that Michael Jackson’s record is worth over $1.2 billion. It could also be the highest-ever deal for a musician’s catalog.
Michael Jackson was 50 years old when he died in 2009. He is a legendary singer and one of the most popular ones. He has sold more than 400 million records across the world. According to the Guinness World Records, Michael Jackson’s album Thriller, released in 1982, remains the best-selling album ever. It was certified 30 times platinum.
Michael Jackson also remains popular on Spotify and has almost 40 million monthly listeners on the streaming service. Spotify said songs including Billie Jean and Beat It have been played more than a billion times on the streaming platform.
Reports say that Michael Jackson’s back catalog includes songs by other artists such as Ray Charles, Elvis Presley, Aretha Franklin, and other singers. The entire back record belongs to the Estate of Michael Jackson, who manages his estate.
Michael Jackson’s catalog has the highest value for a musician’s work. It does not include movie or theatrical rights. Queen is reportedly asking for $1.2 billion for an all-encompassing deal, including music, Freddie Mercury’s biopic Bohemian Rhapsody, and theatrical productions that use music from Queen.
A new movie about Michael Jackson starring his nephew is expected to be released in April 2025. Jaafar Jackson will play the King of Pop in a biopic. Jaafar is the son of Jermaine Jackson of the Jackson 5. Jaafar has been singing and dancing since the age of 12.
Many famous singers and groups have been cashing in their catalogs. It appears as if Michael Jackson’s catalog is worth the highest, and its value is set to increase after the release of his biopic due to the everlasting popularity of his music.
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