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Sony buys Michael Jackson music venture stake

Sony is looking to pay up to $750 million to Michael Jackson estate for his 50% stake in Sony ATV Music Publishing. Basically buying him out so they can have the rights to about three million songs, including works by the Beatles, Bob Dylan and Taylor Swift.
MJ estate is currently in debt of $250 million so hopefully some of the money made from this deal will go towards that and the rest to his kids. 
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