Paul McCartney once showed Michael Jackson how valuable music publishing could be.
Jackson listened.
In 1985, he paid $47.5 million for ATV Music, gaining publishing rights to roughly 250 Beatles songs, including classics written by McCartney and John Lennon. The purchase reportedly damaged the friendship between McCartney and Jackson.
McCartney later criticized the commercial licensing of Beatles songs and said he contacted Jackson about improving his compensation as a songwriter. Jackson viewed the situation as business.
What began as financial advice from one music legend to another ultimately became one of the most famous music-publishing deals in history.
OBS: This video is for educational and informational purposes only.
Source: J. Randy Taraborrelli, Michael Jackson: The Magic and the Madness
#MichaelJackson #PaulMcCartney #TheBeatles #MusicHistory #HistoryShorts #history #facts #shorts #musichistory
Jackson listened.
In 1985, he paid $47.5 million for ATV Music, gaining publishing rights to roughly 250 Beatles songs, including classics written by McCartney and John Lennon. The purchase reportedly damaged the friendship between McCartney and Jackson.
McCartney later criticized the commercial licensing of Beatles songs and said he contacted Jackson about improving his compensation as a songwriter. Jackson viewed the situation as business.
What began as financial advice from one music legend to another ultimately became one of the most famous music-publishing deals in history.
OBS: This video is for educational and informational purposes only.
Source: J. Randy Taraborrelli, Michael Jackson: The Magic and the Madness
#MichaelJackson #PaulMcCartney #TheBeatles #MusicHistory #HistoryShorts #history #facts #shorts #musichistory
- Category
- Paul Mccartney
- Tags
- Michael Jackson, Paul McCartney, The Beatles
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