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綠燈,最終完成了一項具有里程碑意義的7,5000萬美元的交易,出售已故流行明星一半的音樂目錄給索尼集團(紐交所: 索尼)的索尼音樂。
The catalog, valued at approximately $1.5 billion, includes Jackson's publishing and recorded masters, Music Business Worldwide reported.
這份目錄價值約爲15億美元,包括傑克遜的出版物和錄製大師作品,Music Business Worldwide 報道。
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.
加州第二區上訴法院做出的這一決定推翻了傑克遜的母親凱瑟琳·傑克遜的異議,凱瑟琳曾表示該交易違反了她兒子的意願,並且認爲目錄的價值將隨時間進一步增加。
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.
該裁決支持7月17日的初步裁決,確認遺產執行人有權依據傑克遜的遺囑繼續進行出售。
"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:「遺囑賦予了執行人廣泛的出售權,對於此案中涉及的特定資產沒有例外。」 「法院未在得出結論時犯錯,認爲邁克爾打算允許執行人出售任何遺產資產。」
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.
這項交易最初於二月報導,意味着索尼正在收購佔價值15億美元的傑克遜音樂目錄中50%的份額。
Priced at $750 million, the transaction exceeds the $1.31 billion valuation of Queen's catalog, which Sony Music also purchased.
這筆價格爲7,5000萬美元的交易超過了女皇樂隊目錄的價值13.1億美元的估值,索尼音樂也將其購入。
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."
法院保證這筆交易代表着戰略性的業務決策,而不僅僅是資產清算。"擬議的交易不是給予或分配財產資產,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.
執行人員約翰·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ATV音樂的一半股權,其中包括了一大批目錄,包括了披頭士的歌曲。
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Image credits: Ralf Liebhold on Shutterstock.
圖片來源:shutterstock上的Ralf Liebhold