Robert Holmes à Court ATV Music Publishing due diligence the Beatles
In 1984, Robert Holmes à Court announced he was selling the ATV Music Publishing catalog comprising the publishing rights to nearly 4,000 songs, including most of the Beatles' material. In 1981, McCartney had been offered the catalog for £20 million ($40 million). Jackson submitted a bid of $46 million on November 20, 1984. When Jackson and McCartney were unable to make a joint purchase, McCartney did not want to be the sole owner of the Beatles' songs, and did not pursue an offer on his own. Jackson's agents were unable to come to a deal, and in May 1985 left talks after having spent more than $1 million and four months of due diligence work on the negotiations.
