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Michael Jackson: Stake in catalogue sells for $600m

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Sony Music Group is understood to have paid at least $600m (£475m) for half of Michael Jackson’s catalogue.

If accurate, it would mean the singer’s musical assets are worth more than $1.2bn (£950m).

The deal would also be the biggest ever for the work of a single musician.

Michael Jackson, who died in 2009 at the age of 50, is one of the most successful pop stars of all time, selling more than 400 million records worldwide.

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That figure is disputed and may be much higher.

His 1982 album, Thriller, is still the best-selling record of all time, according to Guinness World Records.

The King of Pop is also hugely popular on streaming services, with almost 40 million monthly listeners on Spotify.

His songs Billie Jean and Beat It have each been played more than one billion times on Spotify alone.

An upcoming film biopic starring Jackson’s nephew in the title role will also undoubtedly increase interest.

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The back catalogue deal is also reported to include tracks by other artists acquired by Jackson’s Mijac publishing group, said to include hits by Ray Charles, Elvis Presley and Aretha Franklin.

The sale would have been arranged with the Estate of Michael Jackson, who manage the late star’s affairs.
Bruce Springsteen performing in Hyde Park in LondonImage source, PA Media

Artists selling their back catalogues is big business. Bruce Springsteen reportedly made $500m (£396m), while Bob Dylan is understood to have received up to $450m (£356m) for his.

The rock band Queen is reportedly planning a similar deal.

BBC News has contacted Sony Music Group and the Estate of Michael Jackson for comment.

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Entertainment

My wife and I no longer together – Ikechukwu speaks on marriage crash

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Nigerian rapper and actor, Ikechukwu Onunaku has confirmed that his marriage has ended.

Recall the former Mohits rapper tied the nuptial knot with his fiancée, Ella in May 2021.

But speaking in a recent interview with Daddy Freeze, Ikechukwu said he was now divorced.

He cited “irreconcilable differences” as the reason for the desolation of his marriage, revealing that it was not due to infidelity. In Ikechukwu Onunaku’s words:

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“My wife and I are no longer together. We separated due to irreconcilable differences. It wasn’t over infidelity. There were too much gaslighting, too much looking for faults, and too much listening to outsiders.

“I tried to save our marriage but I got to a point where I couldn’t tolerate my ex-wife’s excesses anymore and I showed her my other side and we couldn’t bear it.”

In the same interview with Daddy Freeze, Ikechukwu recounted his experience at the now-defunct record label, Mohits Records, owned by D’banj and Don Jazzy.

The rapper claimed D’banj used to cheat him out of his hard earned money by giving him stipends after making millions.

According to him, D’banj would pay him a meagre N50,000 for shows he was booked for, despite the actual fee being over N1.5 million. He said the ‘koko master’ used to treat him like he was doing him a favour.

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However, he mentioned that D’banj later increased the payment to N150,000 after obtaining permission from his mother.

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Rudeboy refutes Eedris Abdulkareem’s claims that 50 Cent assaulted P-Square

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Paul Okoye, aka Rudeboy of the P-Square, has refuted Eedris Abdulkareem’s claims that the group was assaulted by American rapper 50 Cent and his crew at a concert held at the Tafawa Balewa Square in Lagos in 2004.

Abdulkareem claimed in a recent podcast interview that 50 Cent’s crew “flogged and chased” Nigerian artists, including P-Square, out of the backstage area at a concert.

He said he was the only Nigerian artist who refused to be intimidated out of the backstage.

Reacting during a recent Instagram live session with fans, Rudeboy said P-Square never attended the said show due to the inability of the organisers to reach an agreement with them on the booking fees.

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He said Abdulkareem betrayed Nigerian artists by going behind them to accept “peanut” from the show organisers after they had already agreed on lucrative performance fees.

Rudeboy said: “P-Square did not go for the [50 Cent] concert. We had another concert. We were never billed. The reason was because they offered us peanuts, and we refused. But Eedris Abdulkareem accepted the peanut and was expecting VIP treatment. 50 Cent crew didn’t beat you well.

“Respect yourself. P-Square was never billed for that concert. Daddy Showkey, Tony Tetuila, everyone is telling you guys that Eedris is a big liar. We know he is a lair. We were never billed for that concert. We didn’t go.”

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Women rejected me due to my looks – Actor Stephen Alajemba

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Veteran Nollywood actor Stephen Alajemba, aka Uwaezuoke, has revealed that he experienced rejection from women and people in general while growing up due to his physical and facial appearances.

The thespian said his mother told him that as a baby, people refused to carry him because he was not looking attractive.

He disclosed this in a recent interview with popular YouTuber, Yan Kontent Factory.

Alajemba said he promised his mother that he was going to make her proud because she told him that he did not “earn anything good” for her as a child.

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He said ladies “run away” whenever they see his face.

The comic actor said he was unable to attract a lover until he was 20, adding that he got married to his first love at 23.

“Any lady who sees my facial look and stature runs away,” the actor said.

“Unfortunately before one accepted me I was already 20 to 22 years old. I married at 23. So the first person tasted it and confirmed it and she did not leave me anymore.”

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