Many often mock Michael Jackson calling him names such as Wacko Jacko, heck we’re even guilty for it. But obviously Jacko is not so wacko when it comes to business. Michael has bought a stake in Eminem's back catalog. He also owns Beatles' copyright as well.
Basically, Jackson is doing nothing but sitting around and making money off other people. Now that’s a smart businessman!
In a statement Jackson said: "This is a milestone event for Sony/ATV Music Publishing. The diverse collection of songs in this catalog range from timeless classics to contemporary hits, and I am pleased to add the acquisition of Famous Music to Sony/ATV."
The funny thing is that Eminem famously mocked Jackson in his video for "Just Lose It." Who's laughing at who now?
