Michael Jackson family selling his catalog for $800 million

Michael Jackson's estate is working to sell half of their interests in Jackson’s discography for around $800 million to $900 million, Variety reports. Sony and a possible financial partner are negotiating to acquire 50% of the Jackson estate’s interests in a number of the artist’s sources of income, including his musical catalog, publishing, the MJ: The Musical Broadway show, and the upcoming biopic Michael.