​A $750 million smash hit for Michael Jackson

March 15, 2016 12:16 PM

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LOS ANGELES - Michael Jackson's estate has agreed to sell its remaining stake in a lucrative music catalog to Sony (SNE) for $750 million, the entities announced Monday.

The agreement for Jackson's half-share of the Sony/ATV Music Publishing catalog will give the company sole ownership of works by The Beatles, Bob Dylan and other hit-making musicians, including Eminem and Taylor Swift.

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