Sony's $250 million bet on Michael Jackson's music could be threatened by HBO documentary

Last year, Sony Music Entertainment entered a deal with Michael Jackson's estate for the rights to distribute the musician's recordings over the course of seven years. Now, in the wake of HBO's explosive documentary"Leaving Neverland," that investment could take a hit.

In January, following Lifetime's R. Kelly documentary, the R&B singer's songs generated more than 4 million on-demand streams in the U.S, according to Billboard. This was a 116 percent increase to the number of streams that R. Kelly's song had pulled in the days prior to the documentary series airing.

While online streams could get a bump, major radio networks could pull Jackson's songs from the air for the time being until listener sentiment about Jackson improves. So far, several radio stations in Canada and New Zealand have decided not to play Jackson's music unless it was part of a news story. In both cases, the networks that owned the stations cited a change in public opinion about Jackson for the removal.

None of this accusations are a surprise! They have been talking about these allocations of abuse for years! Now, all of a sudden, because of a documentary, people are more aware.

People have been saying things about Michael Jackson for over 30 years. Some people cared, and some people ignored the claims. Nothing new. People don't usually pay out large settlements if there is no truth to allegations.

Any money MJ has should be distributed btw all of his victims. Juss say'n.

Canada banned MJ's music NEXT!

25.⬛leri siz takip edin birazcıkta

Maybe they shouldn’t have bet on a child molester. (Allegedly) But don’t worry, no one will take his crown, that I would bet on.

That documentary made me physically ill. I can't listen to his music the same ever again

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Sony made $250 million bet on Michael Jackson music library before ‘Leaving Neverland’ documentarySony 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. That's why they sold it. I wan the stuff banned from radio
Source: MarketWatch - 🏆 3. / 97 Read more »

Sony Made $250 Million Bet on Michael Jackson Before DocumentarySony Music last year entered a $250 million deal for distribution rights to Michael Jackson’s recordings. That investment looks riskier after a new documentary accusing the late star of sexually abusing young boys. Acoso externo a la familia o remasterizacion y venta de algo... el negocio. MJInnocent! 2019.... documentaries are the new court of law
Source: WSJ - 🏆 98. / 63 Read more »

Sony made $250 million bet on Michael Jackson music library before ‘Leaving Neverland’ documentarySony 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. That's why they sold it. I wan the stuff banned from radio
Source: MarketWatch - 🏆 3. / 97 Read more »

Sony Made $250 Million Bet on Michael Jackson Before DocumentarySony Music last year entered a $250 million deal for distribution rights to Michael Jackson’s recordings. That investment looks riskier after a new documentary accusing the late star of sexually abusing young boys. Acoso externo a la familia o remasterizacion y venta de algo... el negocio. MJInnocent! 2019.... documentaries are the new court of law
Source: WSJ - 🏆 98. / 63 Read more »