[net.music] Beatles Songs For Sale

gm@trsvax (08/15/85)

I heard on the radio this morning that the rights to the Beatles songs
were up for sale in London, and guess who bought the rights?

			Michael Jackson

At 40 million dollars, he outbid Paul McCartney, Coca Cola Corp.,
EMI Ltd., and several investors. 

Now just what is Michael Jackson going to do with the rights to the Beatles
songs? Re-release them with him singing? (*shudder at the thought*)
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jer@peora.UUCP (J. Eric Roskos) (08/24/85)

> Now just what is Michael Jackson going to do with the rights to the Beatles
> songs? Re-release them with him singing? (*shudder at the thought*)

Well, now, what's interesting about this here is that it said in our paper
that he bought the rights for $40M, and "Jackson is reputed to have earned
around $40M on his _Thriller_ album".

So, it sounds like an investment to me; I think those songs are still
earning a lot of royalties... I guess he wanted to do something with his
$40M; maybe it helps with taxes?
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