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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: Peter Dierks who wrote (47594)4/13/2006 12:36:14 PM
From: Lazarus_Long  Read Replies (2) of 90947
 
Couldn't Happen To A Nicer Guy Dep't.

Bailing out Michael Jackson

Thursday, April 13, 2006
[Harold Maass]

NEWS AT A GLANCE

Michael Jackson loses his grip on a treasure

Michael Jackson is close to selling half of his stake in a music catalog full of Beatles hits to stay out of bankruptcy. Jackson owns 50 percent of the Sony-ATV catalog, which has been valued at $1 billion. The troubled King of Pop used his stake as collateral on $270 million in loans, and needs sell a chunk to Sony as part of a deal to refinance the debt. In addition to more than 200 Beatles tunes, the archive includes "Blowin' in the Wind" by Bob Dylan, "Sweet Caroline" by Neil Diamond, and "E-Pro" by Beck. (The New York Times, free registration required)
finance.yahoo.com

The NYT:
nytimes.com
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