August 14, 1985
(Ignore the date. It was the 14th.)
Michael Jackson won a bid over Yoko Ono and Paul McCartney to secure the ATV Music Publishing catalogue. At $47.5m he gained the rights to more than 250 songs written by Lennon and McCartney. McCartney had been negotiating with Yoko Ono, who had decided to withdraw her side of the deal because of ‘astrological’ reasons.
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