
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.]
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