Michael Jackson Estate Sells Interest In SONY/ATV
Thursday, 06 October 2016 - 13:17 | Views - 632
Michael Jackson's estate has reportedly sold their 50 percent stake in Sony/ATV music publishing to Sony outright.
That now makes the company the world's biggest music publisher, as they also hold majority ownership of EMI Publishing.
The news comes at a tenuous time for the Jackson estate, as Jackson was recently accused of a "sophisticated child sex abuse scandal" in a newly filed lawsuit.
The suit was filed by a choreographer named Wade Robson, who met Jackson as a child and has since worked with Britney Spears and NSync.