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Deon Cole Reveals How Michael Jackson Bought Beatles’ Publishing Rights | Watch

Michael Jackson
Michael Jackson at Michael Jackson’s 45th Birthday Party, Orpheum Theater, Los Angeles, Calif., 08-30-03

*Deon Cole appeared on The Breakfast Club and recalled the time Beatles icon Paul McCartney got high and told him how Michael Jackson bought the publishing of the group’s music. 

During the radio broadcast, the comedian recounted how Jackson became interested in acquiring the Beatles’ song catalog after McCartney advised him to get his business affairs in order, Complex reports. According to Cole, McCartney said he was at a party with Jackson, and told the King of Pop, “Hey Mike, you need to jump on your business. You’ve got everything else, except your business affairs aren’t in order.”

McCartney allegedly stressed the importance of owning your publishing, telling Jackson: “You need to own your publishing that’s where the money is — or own someone else’s publishing.”

According to Cole, reciting his conversation with the Beatles frontman, when Jackson asked for advice on which music publishing to invest in, McCartney suggested targeting top artists. Jackson jokingly mentioned buying the Beatles publishing, and later followed through with it, much to Paul’s surprise. 

When McCartney discovered what Jackson had done, he approached the superstar hoping for financial help related to the deal, but MJ turned him down. 

Paul McCartney
Paul McCartney/Depositphotos

“Since Mike owned the publishing, they thought Mike is our friend, he’ll give us a bump,” said Cole about McCartney and John Lennon. “He went to him and Michael said, ‘No it’s business’ and then he said that’s when he they stopped talking.”

Watch Cole recount the story in the X/Twitter clip below.

Meanwhile, Charlamagne Tha God believes that Jackson, who died of acute propofol intoxication in 2009, was targeted and conspired against in the industry because he had too much power, Vibe reports. 

“And I really mean this when I say this, and I know that this is a crazy conspiracy theory. There’s only one person I believe in Hollywood who people conspired to actually take down,” Charlamagne said on a new episode of the Brilliant Idiots podcast. “I’m talking about a mass conspiracy. Anytime they take you down, it’s people conspiring, ’cause it’s usually because you did some sh*t,” he explained.

“I think that there’s one person who they really took down because he had too much power and I believe that person was Michael Jackson.”

Charlamagne suggested that Jackson’s increasing influence in the music industry, particularly through his 50% stake in Sony ATV, which gave him ownership of Bob Dylan, Eminem, Elvis Presley, and The Beatles catalogs, made him a target.

Watch the Instagram video below.

 

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A post shared by LENARD (@cthagod)

READ MORE FROM EURWEB.COM: Sony Buys Out Michael Jackson’s Stake in Joint Venture for $750M

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