FOR THE RECORD - July 7, 2009
Jackson estate: An article about Michael Jackson’s finances in Section A quoted Lance Grode, adjunct professor at USC Law School, as saying that Sony-ATV is “the premium catalog in the world,” and said that Grode worked at the law firm that brokered Jackson’s acquisition of the catalog when the deal was struck in 1985. Although Grode previously worked at a law firm with Jackson’s longtime entertainment attorney John Branca, at the time of Sony-ATV’s sale Grode was employed by another company attempting to construct a competing bid to buy the catalog; his comment was in reference specifically to a catalog of 251 Beatles songs that is part of Sony-ATV, not the entire Sony-ATV portfolio.
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