The astronomical price of Michael Jackson’s catalog

1.2 billion dollars. Yes, you read that right. 1.2 billion dollars is the astronomical price at which the musical catalog of Michael Jackson. One of the largest businesses in the industry whose figures we have known thanks to the business movement of Sony Music Group, which has acquired a 50% stake in the rights to the recorded music and composition of the King of Pop for 600 million.

Logically, if 50% is valued at that immense amount of money, you don’t have to be very smart to calculate the total value of your entire catalog. A great deal for the company that is ahead of the premiere of the biopic about the Thriller singer whose sales and reproductions are sure to skyrocket when the movie hits the big screen.

With these figures, music has witnessed in the front row the largest economic transaction in the history of the industry after a few years in which great figures such as Bruce Springsteen, Bob Dylan, Sting, Neil Young and more recent ones like Shakira, Justin Timberlake, Justin Bieber…they are selling the rights to their songs.

We must not forget that the figure of Michael Jackson moves tens of millions of dollars a year, so the investment could be recovered in a very short space of time. And all this without taking into account that other business units such as his film or the musical are left out of this agreement. but they will secondarily affect the reproduction and purchase of your songs.

The figure of the King of Pop has always been surrounded by these gigantic business figures that included the almost 800 million dollars that he obtained after the sale of his participation in EMI when he bought the rights to The Beatles’ songs, an act which ended up making him an enemy of his friend Paul McCartney, after having invested just 50 in that purchase.

And if we talk about the sales figures of his albums, no artist past, present or future will achieve what he achieved again. jacko. It is estimated that his albums exceed 350 million copies sold, being Thriller (1982) the best-selling album of all time with more than 70 million worldwide.

It must be remembered that there was enough material left in Michael Jackson’s musical catalog for the presentation of several albums, but after the controversy over his first posthumous album everything cooled down.