The Estate also owns the entirety of the band’s catalog outside the United States.
In a press release on the agreement, Sly Stone said, “Thank You Mijac (Falettinme Be Mice Elf Agin).” John Branca and John McClain, co-executors of the Estate of Michael Jackson, added:
Sly and the Family Stone were a force for enlightenment and positive change, a message that Michael believed in. He recognized [Sly Stone]’s genius and the power of his words and music which is why he first acquired the catalog and why we at MIJAC follow in Michael’s footsteps today.
As Pitchfork noted, the news of the Estate acquiring the catalog comes almost one year after Primary Wave Music Publishing claimed to have “acquired an interest in the Sly and the Family Stone music catalog.” The claim was disputed by the Estate.
In related news, earlier this year came reports that a new documentary chronicling Sly’s impact and his battle for streaming royalties titled Dance to the Streaming Music was going to be released.
“When I was big enough to reach the piano, I thought that everybody had to do it in the world. This documentary is a chance to share my story with all the wide-eyed dreamers,” Sly previously said about the film. Up until a 2016 settlement that awarded him $5 million in uncollected royalties, Stone was reportedly homeless and living out of a van.
The documentary, which is directed by Brady Spensor, has yet to be released.