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MC Hammer's Music Catalog Sells For $2.7 Million

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    Posted: August 14 2006 at 2:27am

Company Buys MC Hammer's Music Catalog For $2.7 Million
BallerStatus Alerts, Sponsored by RockTheBells (rockthebells.net)

Nashville-based music publishing company, EverGreen Copyrights, have acquired the music catalog of MC Hammer from the trustee of the rapper's bankruptcy estate for $2.7 million. EverGreen -- which launched only six months ago by music industry veterans Joel A. Katz, Schulhof, and Richard Perna -- now owns more than 40,000 copyrights including works by country artists, Tim McGraw and George Strait. "We made tremendous progress in only six months," said David K. Schulhof, co-CEO of Evergreen, via a statement. "The MC Hammer catalog brings some of the best selling and most popular rap songs of all time to Evergreen's catalog."

Read more online:
http://www.ballerstatus.net/news/read/id/19066064/

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What tha !#$#%^&$^% get money 
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