A battle is brewing between the three offspring.
One of them doesn’t want to sell the music catalog and the other two do.
None of them can agree on the percentage or how much they should sell it for.
Michael Jackson
Paris Jackson
Prince Michael Jackson II
Prince Jackson
Michael Jackson Estate Would Sell 50% Interest in MJ Catalog for Nearly a Billion … But Control is Key
Michael Jackson’s music may very well have a new co-owner if a mega deal is negotiated with Sony worth nearly a billion dollars, but there are strings attached … TMZ has learned.
Sources with direct knowledge tell TMZ … the MJ estate will NEVER sell Michael’s historic catalog outright. BUT, we’ve learned the estate would entertain a 50/50 split, but only if the estate maintains complete management and control.
Springsteen’s catalog went for $500 million, and Justin Bieber’s went for $200 mil … again, that for total ownership. – Source
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