Michael Jackson's $1.5B Catalog Lands Court Approval For Sale — 'Thriller' For Sony
Michael Jackson's $1.5B Catalog Lands Court Approval For Sale — 'Thriller' For Sony
Michael Jackson's estate received a green light to finalize a landmark $750 million sale of half of the late pop star's music catalog to Sony Group Corp.'s (NYSE:SONY) Sony Music.
邁克爾·傑克遜的遺產獲得了批准,以7.5億美元向索尼集團公司出售了這位已故流行歌星音樂目錄的一半的具有里程碑意義的7.5億美元s(紐約證券交易所代碼:SONY)索尼音樂。
The catalog, valued at approximately $1.5 billion, includes Jackson's publishing and recorded masters, Music Business Worldwide reported.
據《音樂商業全球》報道,該目錄價值約15億美元,包括傑克遜的出版和唱片大師。
The decision, made by the California Second District Court of Appeal, overturns objections from Jackson's mother, Katherine Jackson, who had argued that the sale contradicted her son's wishes and that the catalog's value would increase further over time.
該裁決由加利福尼亞第二地區上訴法院做出,推翻了傑克遜的母親凱瑟琳·傑克遜的異議。凱瑟琳·傑克遜辯稱,此次出售違背了兒子的意願,目錄的價值將隨着時間的推移而進一步增加。
The ruling upholds the preliminary decision from July 17, affirming that the estate's executors have the authority to proceed with the sale according to Jackson's will.
該裁決維持了7月17日的初步決定,確認遺產的執行人有權根據傑克遜的遺囑進行出售。
"The will gave the executors broad powers of sale, with no exception for the specific assets at issue in this case," the court stated. "The probate court did not err in concluding that it was Michael's intent to allow the executors to sell any estate assets."
法院表示:「該遺囑賦予了執行人廣泛的出售權,本案中有爭議的具體資產也不例外。」「遺囑認證法院沒有錯誤地得出邁克爾的意圖是允許遺囑執行人出售任何房地產資產的結論。」
Strategic Decision
戰略決策
Initially reported in February, the deal sees Sony acquiring 50% of Jackson's music catalog, valued at $1.5 billion.
該交易最初於2月份公佈,索尼收購了傑克遜音樂目錄的50%,價值15億美元。
Priced at $750 million, the transaction exceeds the $1.31 billion valuation of Queen's catalog, which Sony Music also purchased.
該交易定價爲7.5億美元,超過了索尼音樂也收購的Queen's目錄的13.1億美元估值。
The court assured that this transaction represents a strategic business decision rather than a mere asset liquidation. "The proposed transaction is not a gift or distribution of estate assets — it is an asset sale."
法院保證,該交易是一項戰略商業決策,而不僅僅是資產清算。「擬議的交易不是遺產資產的贈送或分配,而是資產出售。」
The executors, John Branca and John McClain, also stressed that Katherine Jackson has received over $55 million in support since Michael Jackson's death in 2009.
遺囑執行人約翰·布蘭卡和約翰·麥克萊恩還強調,自邁克爾·傑克遜於2009年去世以來,凱瑟琳·傑克遜已獲得超過5500萬美元的支持。
Sony's business relationship with Michael Jackson began in 1995 with the acquisition of half of ATV Music, which included rights to a vast catalog, including songs by The Beatles.
索尼與邁克爾·傑克遜的業務關係始於1995年,當時收購了亞視音樂的一半股份,其中包括包括甲殼蟲樂隊歌曲在內的大量歌曲的版權。
- Over 200 Artists, Including Billie Eilish And Katie Perry, Demand AI Respect For Music Rights
- 包括比利·艾利什和凱蒂·佩裏在內的 200 多位藝術家要求人工智能尊重音樂版權
Image credits: Ralf Liebhold on Shutterstock.
圖片來源:Shutterstock 上的 Ralf Liebhold。