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Michael Jackson's Best Business Moves
He Purchased ATV Music Publishing
Jackson multiplied his money with the purchase of ATV Music Publishing (owner of copyrights to the words and music of 251 Beatles songs) for $47.5 million. Sony bought half of ATV in 1995 for the small price of $150 million.
The Wall Street Journal estimates the partnership of Sony/ATV Music Publishing is now worth more than $1 billion.
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