2012 – Cyber Hackers Steal $250 million of Michael Jackson’s music on This Day in Rock!
A large number of music files of the late “king of pop” Michael Jackson were allegedly stolen from record company Sony Music by computer hackers, sources familiar with the case said on Monday.
Sony Music, a unit of Sony Corps, signed a deal with Jackson’s estate in 2010, the year after the “Thriller” singer’s death, to release 10 albums covering previously unreleased material and his back catalogue.
The value of the agreement was widely reported to be around $250 million, making it one of the biggest in music history. But sources close to the label have disputed the figure, calling it pure speculation on the part of the press.
Full article: http://news.yahoo.com/michael-jackson-files-allegedly-stolen-hackers-135402378.html