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SCMP Reporter

ENTERTAINER Michael Jackson has sold the music publishing rights to about 250 Beatles songs to Sony Corp for about US$95 million. A new publishing enterprise will combine Sony's music publishing division with Jackson's ATV Music catalogue to create a unit valued at $500 million. In addition to the Beatles songs written from 1964 to 1970, when the band broke up, Jackson's catalogue includes songs performed by Elvis Presley and Little Richard. Publishing rights to Jackson's own songs were not included in the deal. Sony recently bought a catalogue of Broadway show songs and pop music songs. The company spent a year negotiating to buy Jackson's ATV catalogue.



United States