Sony made $250 million bet on Michael Jackson music library before ‘Leaving Neverland’ documentary

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Sony made $250 million bet on Michael Jackson music library before ‘Leaving Neverland’ documentary
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Sony Music Entertainment last year entered a deal worth $250 million for the rights to distribute Michael Jackson’s recordings over seven years, according to a person familiar with the matter. That investment looks riskier following a new documentary accusing the late pop star of sexually abusing young boys.

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