Jackson to Sell Royalties
Sources say Michael Jackson, the flamboyant king of pop whose "Thriller" recording is the top-selling album of all time, plans to sell royalties generated by the Beatles, Bob Dylan and other musicians. Jackson follows on the heels of another pop icon, David Bowie, who sold music royalties with the help of Wall Street bankers. But unlike Bowie, who sold his own music catalog, Jackson will sell song royalties of other entertainers owned by a joint venture that he formed three years ago with Sony Corporation of America.
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