when did michael jackson purchase the beatles catalog
Sony/ATV Music Publishing But in early August, Holmes à Court contacted Jackson and talks resumed. Jackson only raised his bid to $47.5 million, but he had the advantage of being able to close the deal faster, having completed due diligence of ATV Music prior to any formal agreement.[4] He also agreed to visit Australia as a guest of Holmes à Court and appear on the Channel Seven Perth Telethon.[4][19] Holmes à Court included some more assets and agreed to establish a scholarship in Jackson's name at a U.S. university.[4] Branca closed the deal and purchased ATV Music on Jackson's behalf for $47.5 million on August 10. 1985.[2][4] In October 1985, Jackson fulfilled his contract provision to visit Perth, Western Australia and appear on the telethon, where he spoke briefly and met with two children.[4][19]