5/23/2023 0 Comments The lone ranger serialThe New York Post reports that Jackson will announce a tour schedule within the next two weeks. Jackson over the sale of his share of the ATV catalog.” So Jackson may have to resort to a measure he hasn’t tried in eight years, since before child molestation charges eroded his U.S. However, a Sony spokesperson called the rumors ”completely baseless,” saying, ”We are not in discussions with Mr. He already sold Sony half of ATV a decade ago, and rumors have been swirling that the label was poised to buy out the other half (or simply foreclose on it). He owes $200 million to Sony Music, money he borrowed and secured with half of ATV Music Publishing, the song-rights catalog that includes 250 Beatles tunes. His ”Invincible” album cost a reported $30 million to produce and has only sold 1.8 million copies. The King of Pop is short of cash these days. SOUND BITE If you happen to run into Michael Jackson, be a pal and lend him a few bucks.
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