Derek Smalls said:
Jackson had put up a stake in the Beetles Catalog to Sony Records as collateral to finance production for the Invincible album and subsuquent world tour. He had'nt paid back the loan to Sony before he died. [etc...]
Sorry, wrong. I did some research on the matter...
Jackson bought ATV Music Publishing in 1985 for about $47 million. This company had owned Northern Songs (the Lennon/McCartney catalog) since 1968.
MJ did not "steal" the Beatles songs from McCartney; McCartney chose not to bid for ATV, since he thought the price was too high. At the time, McCartney was worth about $500 million and could have easily outbid Jackson. He chose not to, and all his whining over the years has been out of place. Jackson has rightly said: "You had your chance and chose not to buy. Now shut up."
In 1995, Sony offered MJ $90 million for a 50% stake. MJ took the deal - he figured that he still owned half the company (thus half the Beatles) and he turned a $43 million profit. Part of the deal was a name change for the company, which is now called Sony/ATV Music Publishing.
MJ has stated that the Beatles songs "are not for sale, have never been for sale, and will never be for sale". The idea that he'd use them as collateral is not only wrong, it's preposterous.
MJ's 50% stake is now owned by his estate, and we don't yet know what that means - we don't even know if he left a will. Sony/ATV is valued somewhere between $1 billion and $1.5 billion. The Beatles songs alone generate $80 million per year in revenue (soon to be much, much more with the Rock Band game).
Incidentally, MJ owned much more than just the Beatles. Sony/ATV is the world's 3rd biggest music publisher. Just as one example, MJ also owned the Eminem catalog.