August 14, 1985: Paul McCartney advised Michael Jackson to invest in publishing. Jackson made a winning bid for the rights to over 250 Lennon-McCartney Beatles songs.
Michael Jackson outbid his friend Paul McCartney to purchase ATV Music in 1985 for more than $40 million, then sold half to Sony a decade later for more than $100 million to create Sony/ATV.
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| Paul McCartney & Michael Jackson |
