Sony is paying Michael Jackson's estate $750m (£526m) for the late pop star's share of a joint music publishing venture that it does not already own.
Jackson held a 50% stake in Sony ATV Music Publishing as part of a business partnership that began in 1995.
The purchase will give Sony the rights to about three million songs, including works by the Beatles, Bob Dylan and Taylor Swift.
However, the deal does not include Jackson's master recordings.
His estate will maintain its holdings in Mijac Music, which owns all the songs written by Jackson, as well as EMI Music Publishing.
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