He is very good at managing money. 1986, Michael Jackson bought ATV's song copyright catalogue for $47.5 million, including the copyright of more than 250 Beatles songs. Sony /ATV Publishing Company was founded in 1995, and now it has become one of the largest music publishing companies in the world. This publishing company is the product of the merger of the publishing departments of Jackson's ATV and Sony Music, and the profits are divided equally between the two parties. Immediately after the merger, Sony Music paid Jackson a transaction fee of 1 100 million US dollars. In fact, in 1993, Jackson transferred the track management right of his ATV distribution company from Universal Music Company to the manager of EMI EMI EMI Music Distribution Department. It is reported that Jackson will make a profit of 200 million US dollars, and he has already received 1 billion US dollars in advance! After these actions, Jackson is no longer just a singer and dancer-he has become one of the most influential people in the music industry. It should be noted that apart from the Beatles, the song copyrights of superstars such as Elvis Presley, Madonna, Oasis, Bob Dylan, Mariah Carey, celine dion and norah jones have been under the control of Sony /ATV Publishing Company, which is equivalent to Jackson. More than half of the money earned by these stars' works will be distributed to Sony /ATV publishing company, and then divided equally between Sony Music and Jackson, from which Jackson can earn tens of millions of dollars every year. Experts estimate that the music library of this publishing company is worth one billion dollars.
At the same time, Jackson also owns all the copyrights of his songs, which are owned by his MIJAC publishing company and managed by Warner/chapple. The copyright library of this song is worth $200-300 million. Sony Music Company only helps to co-distribute his songs and control the copyright of the works (the copyright will be returned to Jackson in a few years).