$1.2B ‘King Of Pop’ Music Catalog Deal Leads Top 10 Ever

Law360 has turned to Michael Poster, M&R’s Music Acquisitions & Financing Chair, for comment on Sony Music Group’s recent purchase of a 50% stake in late pop star Michael Jackson’s music catalog for no less than $600 million. The deal places a total value of the assets up to $1.5 billion, the largest valuation of any music artist’s catalog to date. Among other insights, Michael makes clear that the trend of buying and selling music rights is “not going away, and we’ll continue to see more and more of it.”