You probably know that Michael Jackson bought the rights to The Beatles’ songs. It’s as much as part of the Beatles’ legacy as Paul McCartney dying and being replaced by an impostor. What happens, if you are not familiar, is that, back in the days when McCartney and Jackson were making music together, Jackson bought ATV Music, which owned all the Beatles songs written by the combo of Lennon and McCartney (since John Lennon and Paul McCartney primarily listed themselves as co-writers regardless of who actually wrote the song), for $47.5 million back in 1985. Now, McCartney is hoping to finally get his songs back.
You are likely aware that Michal Jackson is dead, on account of the fact that it was one of the biggest stories in music when it happened. Did you see his funeral? It was nuts. Anyway, Sony is planning on buying out Jackson’s half of Sony/ATV publishing for $750 million, but McCartney is going to try and step in and reclaim his songs.