In 1985, Michael Jackson acquired ATV Music Publishing, which included the rights to over 250 Beatles songs, after Paul McCartney and Yoko Ono decided against purchasing the catalog, leading to Jackson's eventual control of lucrative licensing revenues and his ascent within the music industry, despite later incurring substantial personal debts totaling around $500 million by the time of his death in 2009. #MusicRights #BusinessStrategy #MichaelJackson
