Michael Jackson Sony Music Library Hacked: James Marks and James McCormick Out on Bail

The two people accused of hacking and stealing a large number of Michael Jackson's unreleased song from Sony Music's computers has been arrested and are reportedly out on bail.

Last Friday, James Marks, 26 from Daventry Northamptonshire and James McCormick, 25, from Blackpool, appeared in a British court and denied charges they violated the Computer Misuse Act and the Copyright, Designs and Patents Act. According to the Serious Organized Crime Agency, the pair was released on bail, reported Panarmenian.

The two alleged hackers were arrested in May, but are not expected to face the court until January 2013, reported The Telegraph.

We confirmed the breach last May and immediately took steps to secure the site and notify authorities, the company said in a statement, according Reuters. As a result, the two suspects were arrested. There was no consumer data involved in the incident.

Britain's Serious Organized Crime Agency said the hacking reportedly took place last April when just as other hackers accessed the PlayStation Network, downloading personal information from 77 million registered users, reported Reuters.

Sony came under fire for their lack of Internet security preparations and for not adequately protecting the data of their users. However, there is reportedly no link that the PlayStation Network hack and the Michael Jackson Hack was related.

Over 50,000 music files were reportedly compromised in the hack attack. It was reported that Marks and Blackpool downloaded thousands of files, stealing about approximately £160 million from Sony.

Sony Music, a unit of Sony Corps, originally signed a deal with Jackson's estate in 2010 to issue 10 albums of previously unheard and unreleased material. The agreements reported to be approximately $250 million, making it one of the largest music deals in industry history, reported Reuters. However, other sources have disputed the multi-million dollar figure.