Published Jul 08, 2009We reported back in January that the now-deceased Michael Jackson was rumoured to will Paul McCartney his share of the Beatles catalogue. But that doesn't seem to be the case.
According to a high-up source at Sony/ATV, the music-publishing company that shares the rights to the songs with Jackson's estate, the fallen King of Pop sold 20 of his 25 percent of the songs shortly before his death in an attempt to help out his financial woes, reports The Quietus.
Jackson outbid McCartney to buy the rights to the catalogue in 1985, after the two collaborated on a couple of tunes, and this started a long-running feud between the musicians.
McCartney recently spoke to Halifax radio station Q104 [via Spinner] about the rumours that Jackson would leave him the Beatles catalogue, saying: "I heard this rumour a couple of days ago about the songs, I don't think that is true. I got off that years ago. It was something for a while I was very keen on and you can see why, naturally. I thought it was a natural with Michael taking over that something would be happening there but when I realized it wasn't I thought, 'get off it.' Those sort of things can eat you up so I thought, 'get off it.'"
Still, it has to hurt when you have to pay someone to perform your songs.