Do Michael Jackson still own beatle royalty?

Answer 1

Yes. Paul McCartney and John Lennon (now his estate) always owned 50% of the rights to the Beatles catalog. However, in an effort to save on taxes, the remaining 50% interest were sold to a company called ATV. When ATV was up for sale, Michael Jackson purchased ATV's interest. This did not diminish the royalties payable to Paul and John's estate. Sony then purchased a portion of ATV from Michael Jackson. However, Michael Jackson's estate remains an owner in Sony ATV.