Michael Jackson Estate Would Sell 50% of Catalog For Just Under a Billion Dollars

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Michael Jackson Estate Would Sell 50% of Catalog For Just Under a Billion Dollars
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Michael Jackson's music may very well have a new co-owner if a mega deal is negotiated with Sony worth nearly a billion dollars, but there are strings attached ... TMZ has learned.

's music may very well have a new co-owner if a mega deal is negotiated with Sony worth nearly a billion dollars, but there are strings attached ... TMZ has learned.

Sources with direct knowledge tell TMZ ... the MJ estate will NEVER sell Michael's historic catalog outright. BUT, we've learned the estate would entertain a 50/50 split, but only if the estate maintains complete management and control. Our sources say the estate would consider selling a 50% interest for around $900 million, and that would cover recordings, publishing rights, etc.

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