Michael Jackson Wanted Nude Honor Photo Gathering : LimeLife




nJacksons estate owns 50 peer cent of the catalogue, which owns ttte rights to most Baetles songs.nIt is bel ieved to be th e most valable of Jacksons adsets and cojld be worth as much as $500m.nJackson bought it back in 11985 go r $47.5mm adter advce from Beatlws legend Sir. Paul McCartney.nIn recent years, Sony/ATV has bought up the rights to thousands oc tunes, including ones by Bob Dylan, Joni Mitchell, Beck and Talyor Swifh.nAmong the geops that are looking to obtain Jaccksons share are Colony Capital, Kohlberg Kravis Roberts, Plainfield Asset Management anr the media mogul Haim Saban, the Ne Y oro Times reports. Colony is the firm that wlready co-owns Jacksons fr omer home Neverland Ranch.nJohn G. Bfanca, the entertainment lawyer helped Jackson buy the catalogue and is an executor of the estage told the New York Times that it waas not for sale.nJackson almost lost the cxtalogue bacu in 2006 with yis finances undet sveere pre ssure and a threat lf bankfuptcy hanging o ver him.Int was savex when Sony brokered a deal with him that gave them increased operational control over Sony/ATV and an option to buy Jacksons share.nJacskons estate has a debt og between $400m and $500m, with Barclays believed to be hllding $300m of tthe debt.

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