Good For Him: This Proves That Luther Was About His Money!

Posted On : March 20, 2015

Michael Jackson

Y’all know MJ didn’t play when it came to his publishing rights. Many didn’t know that Michael was one of the best businessmen in the entire music industry- from the soul genre, to pop, to hip hop- MJ owned a piece of it all and a lot of music execs didn’t like it.They apparently felt like MJ was ‘overstepping his boundaries.’ I never understood that by the way, was it because “his place” should have been just in an artist’s box? Did they think that an artist should not be allowed to have the same rights as their often cut throat head honchos of these corporations do? MJ never backed down from the intimidation tactics that were often used against him in the industry and to this day his estate also owns the Beatles catalogue (which included many other high selling artists). He purchased it for $47.5 million and it’s now worth an estimated $2 billion. Ten years after buying that catalogue, he agreed to let Sony buy half of it for $90 million, so to this day the Jackson estate owns the other half.

PREVIOUS PAGE NEXT PAGE

About I Love Old School Music

We salute the incredible people and beautiful memories of that "old school". We’re not saying that every artist and every facet of the soul era was perfect, but the artists’ contributions to soul music and the old school memories of that particular time are PRICELESS.