LOS ANGELES, March 15 (UPI) -- Sony will pay $750 million to buy Michael Jackson's half of their joint Sony/ATV publishing company.
The new deal, announced Monday, will give Sony complete control over the company, which includes the copyrighted work of Taylor Swift and others, while allowing the estate of the late artist to retain ownership of Mijac Music, which owns all of Jackson's songs as well as some work from other artists. Jackson's master recordings were also retained by his estate.