MJ’s music still makes millions

28 Aug 2024 · 1 min

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In this excerpt, Jerry Taylor explains that Michael Jackson’s music continues to generate millions of dollars annually, yet his estate remains entangled in legal battles. Because Jackson left only a will, many aspects of it are still being contested, and the probate records are public. The most recent development is the sale of a large portion of Jackson’s music catalog to a Sony joint venture for $600 million, a transaction carried out by the executors named in the will. Jackson’s mother challenged the sale in court, arguing it contradicted Michael’s wishes, but she ultimately lost the case.

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Michael Jackson's been dead for almost 15 years now, but his music continues to make millions of dollars every year. And despite the amazing success of his music, his estate is still bogged down in court. I don't— we know that because Michael had only a will, and there are aspects of his will that are still being disputed to this day. Because he had a will and it is in court, everything about his estate is publicly available. So that is how we know that the most recent occurrence in this saga involved the sale of a good portion of his music to a joint venture with Sony for $600 million. His executors, that's the people he named in his will to handle all the administrative aspects of the will, they're the ones that made the sale because Michael had given them the authority in his will to sell his assets. Michael's mother objected to that in court. Cuz she didn't think that that's what Michael would have wanted based on what he told her, but she lost that argument.