Paul McCartney Sets The Record Straight On Michael Jackson
Filed under: Anglophilia > Music Minute > Michael Jackson > Paul McCartney
So now that Michael Jackson is dead, is Paul McCartney getting his music back…or what?
It turns out that it's not so simple.
One rumor was that Jackson had left McCartney the Beatles catalog in his will and another rumor is that McCartney was "devastated" to learn that Jackson had not. McCartney debunks both, saying, "Some time ago, the media came up with the idea that Michael Jackson was going to leave his share in the Beatles songs to me in his will which was completely made up and something I didn't believe for a second… Now the report is that I am devastated to find that he didn't leave the songs to me. This is completely untrue."
While Jackson did buy the catalog of 250 songs in 1985, it was eventually merged with Sony Music's catalog, with Jackson holding onto 50%, which he often used as collateral when borrowing money.
As a songwriter, McCartney still receives royalties, as does John Lennon's estate, for their work as Beatles.
Even though the friends "drifted apart," they never "really fell out," McCartney said regarding his relationship with Jackson.
And there you have it!
[Image via WENN.]
He claims now that there was never a falling out after all this. Whatever Sir. Paul.
Even though I admired both MJ nd The Beatles, I must say it was pretty shady on MJ's part.
The beatles suck and so did MJ..(well little boys anyway)
Jackson shouldnt have ever buy these songs. And Paul Mc Cartney is a legend with The Beatles. And sorry but Jackson is still behind them
That catalogue is worth a lot.
Michael Jackson earned around 80 million/year on that catalogue according to FORBES. IT contains just not the beatles songs, but songs from bod dylan, lady gaga, cristina aguilera, chris brown, jimi henrix.. yes, every artist signed to SONY and let me tell you.. there are many artists.
one is the loneliest number..fo realz
Re: minaahm – exactly, people act like JUST the beatles songs were in there. it was a VERY sound business move and not his fault that Paul didn't want to buy it at the time or couldn't afford to. Probably the best business move that MJ ever made
Time says that MJ's stake in the company may be worth over $1 billion because of the Beatles' catalog.
Bleach and Ivory
only 250 songs?? uh-uh…more like thousands and thousands of songs dipshit.
ystwri I wish i could just snap my fingers and then… B, lmiyni. lmiyhnhi bmwbc 46 hmaw
Lennon rules, he's so much better than MJ and Macca combined.
MJ did not steal the songs… he simply paid more than Paul was willing to pay for them.
It was a bid.. MJ won.
Why should he give them back?
C'mon
Why would anyone need to leave anything to Paul McCartney?
I would rather see it go to the homeless.
They're mine and he'll never get them back!
It all belongs to me and I took it with me!
If Paul had owned it, then Heather Mills would probably have grabbed it up in the settlement - at least half.
Michael Jackson's estate is worth over 1 billion dollars for sure.
No wonder everyone wants to have custody of "his" kids………….
Well, whatever Sir Paul says!
update 2 u perez: paul and mgmt hav offically hooked up 4 a concert, check out mgmt's website it says rite on it, www.whoismgmt.com
ballshit mr.mcartney, BALLSHIT !