Michael Jackson buys stake in Eminem's catalog

05/31/2007 2:00 PM, Yahoo! Music
courtesy of NME.com

Michael Jackson has bought a stake in Eminem's back catalog.

Jackson, who also currently owns the Beatles' copyright, has bought Famous Music LLC from Viacom.

As well as owning Eminem's "Without Me" and "The Real Slim Shady," Jackson now owns the rights to songs by Shakira, Beck, and Bjork.

In a statement Jackson said: "This is a milestone event for Sony/ATV Music Publishing. The diverse collection of songs in this catalog range from timeless classics to contemporary hits, and I am pleased to add the acquisition of Famous Music to Sony/ATV."

Eminem famously parodied Jackson in his video for "Just Lose It," a massive worldwide hit in 2004.

For more on Michael Jackson, check out his NME.com page.