Michael Jackson Death Hoax Investigators
Latest News => Michael Jackson News => Topic started by: Disco on March 15, 2010, 09:07:54 PM
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http://www.msnbc.msn.com/id/35884913/ns ... ent-music/ (http://www.msnbc.msn.com/id/35884913/ns/entertainment-music/)
Wow!!!!! :shock:
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That´s really extrange since MJ was waiting for the contract to expire and just wanted to give them a collection album with one or two new songs. (his own words)
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$ONY is going to make a lot of money off of Michael Jackson for many years to come.
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I don't know what to think but my heart is unsettled reading this. Sony? Weren't there other labels out there interested a partnership with Michael? What about Michael himself? Did he really need a label to sell his music?
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
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Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j ... z0iIxFx7GY (http://www.tmz.com/2010/03/15/michael-jackson-record-deal-sony-entertainment-albums-music-estate/#ixzz0iIxFx7GY)
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence? [/color]
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The Jackson Estate made the deal with $ONY. John Branca and John McClane are executors of the estate and in charge according to the will. To receive an advance of $200 million, then it would have to be a major label.
$ONY is the pitbull that has had it's teeth sunk firmly into this since June 25th. You're not alone, the article made me think unsettling thoughts too.
I don't know what to think but my heart is unsettled reading this. Sony? Weren't there other labels out there interested a partnership with Michael? What about Michael himself? Did he really need a label to sell his music?
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Interesting just enough to fill 3...
My favorite record executive Tommy Motolla gave the impression that there were 100s of songs. He made this revelation when he was singing MJs praises on GMA after MJs death.
Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j ... z0iIxFx7GY (http://www.tmz.com/2010/03/15/michael-jackson-record-deal-sony-entertainment-albums-music-estate/#ixzz0iIxFx7GY)
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence? [/color]
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Hmm... I'm getting tired of ''coincidences.'' This 7 thing is just getting weirder and weirder...
I guess ''beware the ides of March'' is true.
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The Jackson Estate made the deal with $ONY. John Branca and John McClane are executors of the estate and in charge according to the will. To receive an advance of $200 million, then it would have to be a major label.
$ONY is the pitbull that has had it's teeth sunk firmly into this since June 25th. You're not alone, the article made me think unsettling thoughts too.
I don't know what to think but my heart is unsettled reading this. Sony? Weren't there other labels out there interested a partnership with Michael? What about Michael himself? Did he really need a label to sell his music?
Something tells me this might not be that bad. Sony got the deal for the movie, without having the highest bid. There must be a reason why Sony gets all the deals. Either they are of use one way or the other, or they will be screwed big time.
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OMG! This is GREAT NEWS! Contract for 10 albums over 7 years and he left behind enough for 3! :lol: :lol: :lol: :lol: They could never, never, never recoup those costs by putting out 7 more compilations to make a total of 10 albums! We've had nothing but compilations for years! This SHOW gets better every day! :lol: :lol: :lol:
Hurry back, Michael! You owe us seven more albums besides the three already from the grave! :mrgreen: :mrgreen: :mrgreen:
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
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The Jackson Estate made the deal with $ONY. John Branca and John McClane are executors of the estate and in charge according to the will. To receive an advance of $200 million, then it would have to be a major label.
$ONY is the pitbull that has had it's teeth sunk firmly into this since June 25th. You're not alone, the article made me think unsettling thoughts too.
I don't know what to think but my heart is unsettled reading this. Sony? Weren't there other labels out there interested a partnership with Michael? What about Michael himself? Did he really need a label to sell his music?
Something tells me this might not be that bad. Sony got the deal for the movie, without having the highest bid. There must be a reason why Sony gets all the deals. Either they are of use one way or the other, or they will be screwed big time.
I totally agree with you. And this "Sony" issue has been on my mind since the beginning. Why them? He hated them! There is a reason behind it - you are right. The story is hitting the news as we speak on our local Miami news.
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
Thanks crazy girl =P It was kind of hard to understand but I'm glad you agree and like it
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Again, he broke another record. They are saying this is the biggest deal ever and there will be an "official" announcement tomorrow. HA! The man continues to kick %ss! 8-)
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Yeah me too I also think there is a meaning behind all this Why Sony? Only MJ knows :D
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Good job. You guys are on a roll in terms of sorting this out. I just peeked at TMZ and saw their version of the announcement. What do you make of this statement: A source tells TMZ the royalty rate on foreign sales is the key to the deal -- and 2/3 of the sales of MJ records traditionally have been outside the U.S.
Read more: http://www.tmz.com/#ixzz0iJAhry2z (http://www.tmz.com/#ixzz0iJAhry2z)
I do have another question that perhaps someone else has thought about. 10 releases over 7 years. MJ never released back to back music that fast. He had larger gaps between releases. What are your thoughts behind the strategy there? We could still be enjoying one release and then get hit with another.
:?: :ugeek:
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Again, he broke another record. They are saying this is the biggest deal ever and there will be an "official" announcement tomorrow. HA! The man continues to kick %ss! 8-)
:) you're kidding me right? :) :D :lol: ;) ooo my boo crazy just like me LOL :lol:
"everytime i see you walkin down the street so pretty... go on with ya BAD self LOL singing to myself ;)
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Look at the tagline....A TWO YEAR extension would make it 2019! NOT 2017! The deal was signed in 2008!!!!!!!
From the article...
"And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017." And contracts ARE NOT retrospective to go back and cover something that has already been released like the 2-disc CD for This Is It! Now the "always good to sing with my brother" is making sense! OMG! This gets better every day!
Read more: http://www.tmz.com/#ixzz0iJBw3iAD (http://www.tmz.com/#ixzz0iJBw3iAD)
WE KNEW IT ALL ALONG! That is when he contacted DiLeo about making a movie, in 2008, the kind of movie that had never been done before! LMAO!
What a freakin' GENIUS! :lol: :lol: :lol: :lol:
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Good job. You guys are on a roll in terms of sorting this out. I just peeked at TMZ and saw their version of the announcement. What do you make of this statement: A source tells TMZ the royalty rate on foreign sales is the key to the deal -- and 2/3 of the sales of MJ records traditionally have been outside the U.S.
Read more: http://www.tmz.com/#ixzz0iJAhry2z (http://www.tmz.com/#ixzz0iJAhry2z)
I do have another question that perhaps someone else has thought about. 10 releases over 7 years. MJ never released back to back music that fast. He had larger gaps between releases. What are your thoughts behind the strategy there? We could still be enjoying one release and then get hit with another.
:?: :ugeek:
That's one every 8.4 months.... I can't make anything of that now...
Of course the releases don't have to be all music.
I have to think more, I'll try to get back on it later, my head hurts....
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Thinking out loud here...
3 albums in 7 years is quite normal. Leaves 7 projects, one every year...what returns every year?
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I thought Sony were the bad guys
So why a deal with them?
7 years is a normal lenght for a contract in music or motion picture industry
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credit Wall Street Journal. I didn't want to start a new thread even though this gives more detail for the record deal.
By ETHAN SMITH
Months after his death, Michael Jackson set a music-industry record, thanks to a deal between his estate and Sony Corp. valued at as much as $250 million, according to people familiar with the terms.
.The deal—touted by both Sony and Mr. Jackson's estate as the most lucrative recording contract ever— guarantees the estate at least $200 million. With 10 albums over seven years, the deal will involve a mix of previously unreleased songs and new packages of familiar ones.
The dollar amount is especially striking against the backdrop of the music industry as a whole, in which U.S. album sales have plunged 52% in a decade. Superstar deals worth tens of millions of dollars per album were rare even at the peak of the CD-sales boom in the late 1990s. Yet it also underscores that the biggest acts are becoming even more essential to record labels, as individual fans purchase fewer albums each year.
Sony has sold an estimated 31 million Jackson albums since his death.
.Since Mr. Jackson's death on June 25, Sony has sold an estimated 31 million of his albums globally. By the first anniversary of his death, his estate expects to have earned $250 million from sales of music, merchandise and tickets to the posthumous concert film "This Is It."
The advances being paid by Sony are to be offset by sales of albums as well as revenue generated by licensing Mr. Jackson's music for uses like videogames, movies and theatrical performances. But unlike the megadeals struck in recent years by concert promoter Live Nation Entertainment Inc. with pop stars Jay-Z and Madonna, the Jackson deal doesn't give Sony income from other parts of the late singer's business, such as merchandise sales or fees for licensing his name and likeness.
In an interview, Rob Stringer, chairman of Sony Music Entertainment's Columbia/Epic Label Group, said that his company was confident it would more than recoup its hefty investment, which he characterized as more than just a record deal.
"We see it as a partnership," Mr. Stringer said.
The deal should give Mr. Jackson's heirs plenty of breathing room with respect to the crushing debt load he had built up in his final years. With his album sales dwindling and concert touring ground to a halt, Mr. Jackson borrowed heavily to finance his lavish lifestyle.
.The estate is likely to pay off about $125 million in debt by the end of this year, including $35 million owed to AEG Live, the promoter that was to stage a series of concerts by Mr. Jackson in London. The estate is likely to refinance another $325 million backed by Mr. Jackson's two biggest assets: Sony/ATV Music Publishing, his venture with Sony that owns copyrights to 251 Beatles songs; and his 2,600-acre Neverland Valley Ranch outside Santa Barbara, Calif.
A $300 million loan backed by Sony/ATV and held by Barclays PLC matures at the end of the year, and before Mr. Jackson's death it loomed as a major financial challenge.
In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
The new deal, like the one from the 1980s, was negotiated by John Branca, Mr. Jackson's long-time lawyer and now an administrator of the estate.
The deal retroactively covers the soundtrack album to "This Is It," plus a range of other releases, some of which have been mapped out, with others to be determined later. An album of previously unreleased songs is likely to hit stores before the end of this year, and another collection is due out later. The deal is also likely to cover expanded reissues of Mr. Jackson's albums "Off the Wall" and "Bad," as well as collections of remixes. A DVD of all of Mr. Jackson's music videos is likely to be created at some point.
Speculation has circulated that Cirque du Soleil would create a Las Vegas show based on Mr. Jackson's music, as it already has done with Beatles' music. If it does, a soundtrack album of some kind would likely be part of the deal.
The estate could probably wipe out the debts entirely by selling its half of Sony/ATV, although such a drastic step is viewed as unlikely now that Mr. Jackson's posthumous business is generating so much cash.
Mr. Jackson acquired ATV for $47.5 million in 1985. Sony in 1995 paid $150 million to become a 50% partner in the venture. Mr. Jackson's half is now valued at at least $1 billion.
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Look at the tagline....A TWO YEAR extension would make it 2019! NOT 2017! The deal was signed in 2008!!!!!!!
From the article...
"And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017." And contracts ARE NOT retrospective to go back and cover something that has already been released like the 2-disc CD for This Is It! Now the "always good to sing with my brother" is making sense! OMG! This gets better every day!
Read more: http://www.tmz.com/#ixzz0iJBw3iAD (http://www.tmz.com/#ixzz0iJBw3iAD)
WE KNEW IT ALL ALONG! That is when he contacted DiLeo about making a movie, in 2008, the kind of movie that had never been done before! LMAO!
What a freakin' GENIUS! :lol: :lol: :lol: :lol:
So if that is true, can we all count how many projects are finished already?
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Look at the tagline....A TWO YEAR extension would make it 2019! NOT 2017! The deal was signed in 2008!!!!!!!
From the article...
"And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017." And contracts ARE NOT retrospective to go back and cover something that has already been released like the 2-disc CD for This Is It! Now the "always good to sing with my brother" is making sense! OMG! This gets better every day!
Read more: http://www.tmz.com/#ixzz0iJBw3iAD (http://www.tmz.com/#ixzz0iJBw3iAD)
WE KNEW IT ALL ALONG! That is when he contacted DiLeo about making a movie, in 2008, the kind of movie that had never been done before! LMAO!
What a freakin' GENIUS! :lol: :lol: :lol: :lol:
So if that is true, can we all count how many projects are finished already?
Well the CD for This is It, the Motion picture, and the DVD for This is it makes three already! :mrgreen: :mrgreen: :mrgreen:
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Accordingto the Wall Street Journal article...
The deal retroactively covers the soundtrack album to "This Is It," plus a range of other releases, some of which have been mapped out, with others to be determined later.[/b]
So we have TII as release #1. What about the random mix albums that have been released since June 25th? I wonder how many of those count as retroactive releases?
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Duh...no wonder I'm spinning in circles. I interpreted 10 releases over 7 years to mean 10 albums over a 7 year period. You guys are looking at all releases i.e. movie, dvd ...blah blah blah. :lol:
Look at the tagline....A TWO YEAR extension would make it 2019! NOT 2017! The deal was signed in 2008!!!!!!!
From the article...
"And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017." And contracts ARE NOT retrospective to go back and cover something that has already been released like the 2-disc CD for This Is It! Now the "always good to sing with my brother" is making sense! OMG! This gets better every day!
Read more: http://www.tmz.com/#ixzz0iJBw3iAD (http://www.tmz.com/#ixzz0iJBw3iAD)
WE KNEW IT ALL ALONG! That is when he contacted DiLeo about making a movie, in 2008, the kind of movie that had never been done before! LMAO!
What a freakin' GENIUS! :lol: :lol: :lol: :lol:
So if that is true, can we all count how many projects are finished already?
Well the CD for This is It, the Motion picture, and the DVD for This is it makes three already! :mrgreen: :mrgreen: :mrgreen:
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Contracts are NOT RETROACTIVE! That is all SPIN! Our dear Michael signed this contract in 2008!!!! That is why the two year extension takes it 2017 instead of 2019!
:mrgreen: :mrgreen: :mrgreen:
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Cool. I didn't know that about contracts. :oops:
Contracts are NOT RETROACTIVE! That is all SPIN! Our dear Michael signed this contract in 2008!!!! That is why the two year extension takes it 2017 instead of 2019!
:mrgreen: :mrgreen: :mrgreen:
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Cool. I didn't know that about contracts. :oops:
Contracts are NOT RETROACTIVE! That is all SPIN! Our dear Michael signed this contract in 2008!!!! That is why the two year extension takes it 2017 instead of 2019!
:mrgreen: :mrgreen: :mrgreen:
why are we excited about 2017? cause it has a 7 in it? i'm confused about this whole thing :oops:
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Contracts are NOT RETROACTIVE! That is all SPIN! Our dear Michael signed this contract in 2008!!!! That is why the two year extension takes it 2017 instead of 2019!
:mrgreen: :mrgreen: :mrgreen:
contracts can be retroactive. this one not sure, but they can be made retroactive in respect to a prior deal
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10 albums released in 7 years. If we count from 2010, the contract should end by 2017, but if they get a two year extension, then it should end in 2019. I get what youre trying to say. But maybe the report was talking about the 7 years of contract all alone, not including the 2 year extension? If thats true, then that contract was certainly signed in 2008 :?
These are too many albums to release for a 7 year period... :shock:
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This is mind blowing! So Michael was back in cahoots with Sony after all the other mess? I have a question though, if he comes back does that make the deal null and void because it was made with the "executors of his estate?"
It would take a legal team to unravel this mess!
If I have missed it completely, someone tell me.
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Sometimes I can't believe some of these posters are actually on a HOAX site! :lol: :lol:
The DEAL was made with MICHAEL! Michael is ALIVE! He signed the deal in 2008! It was 2008 when he contacted Frank DiLeo about making a movie...the kind of movie that had never been done before! Then he announced a concert tour which he had no time to put together and for dates that were impossible to play because of previously planned and sold tickets by other artists!
The promo picture released in May of 2009 was for a MOVIE, not a concert! You know, the picture of Michael standing with Kenny Ortega behind the MOVIE CAMERA?????
Of course, the story says the deal was made with the executors...he is suppose to still be dead, so shhhhh...... :lol: :lol:
I'm not trying to be over-bearing but puhhhh....llllease! This is a HOAX SITE! We are here because WE KNOW MICHAEL IS ALIVE AND HE IS THE MAN BEHIND THE CURTAIN! And just as Kenny promised, piece by piece by piece, MJ is being revealed! The articles say it was a 7 year contract. A 7 year contract. And that it had a two year extension taking it to 2017...that means it was signed in 2008! These are the last two lines from the article....
And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017.
:mrgreen:
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My friend Richard whom worked for cirq here in Orlando moved to take over the runnings of the show Love and he told me back in November that they were opening a show about Elvis, and I had asked him if they were thinking about Michael and he told me that they have been talking about it. I need to get his new number there and see if anything is off the ground with that. Im not sure about this whole Sony thing unless they will have something come back to them in the end that is bad, I just don't know since MJ said alot of bad things about them, why would he want to be helping them make more money??
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Michael quams with Sony was when Motolla was there...he left in 2006.
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Sometimes I can't believe some of these posters are actually on a HOAX site! :lol: :lol:
The DEAL was made with MICHAEL! Michael is ALIVE! He signed the deal in 2008! It was 2008 when he contacted Frank DiLeo about making a movie...the kind of movie that had never been done before! Then he announced a concert tour which he had no time to put together and for dates that were impossible to play because of previously planned and sold tickets by other artists!
The promo picture released in May of 2009 was for a MOVIE, not a concert! You know, the picture of Michael standing with Kenny Ortega behind the MOVIE CAMERA?????
Of course, the story says the deal was made with the executors...he is suppose to still be dead, so shhhhh...... :lol: :lol:
I'm not trying to be over-bearing but puhhhh....llllease! This is a HOAX SITE! We are here because WE KNOW MICHAEL IS ALIVE AND HE IS THE MAN BEHIND THE CURTAIN! And just as Kenny promised, piece by piece by piece, MJ is being revealed! The articles say it was a 7 year contract. A 7 year contract. And that it had a two year extension taking it to 2017...that means it was signed in 2008! These are the last two lines from the article....
And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017.
:mrgreen:
Thanks for the explanation. I got the part that Michael had signed the contract in 2008. I guess my question is the huge falling out with Sony has just been a ploy?
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this is getting so good
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I always assumed it was Sony/Motolla behind the molestation charges, now that Motolla is not with Sony all the ill will between Michael and the company were healed? That's a lot to get over in a short period of time.
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Michael quams with Sony was when Motolla was there...he left in 2006.
Yep, Howard Stringer terminated Mottola after Mottola forced out two of the best selling singers, MJ and Mariah Carey. Maybe MJ did negotiate with Sony after Mottola left.
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Whoa whoa whoa, GirlSaturday or Souza, could you give slow me a lil' summary of what this means for the hoax? And doesn't MJ own more of Sony than we think..? ^_'
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Whoa whoa whoa, GirlSaturday or Souza, could you give slow me a lil' summary of what this means for the hoax? And doesn't MJ own more of Sony than we think..? ^_'
own more of sony than we think... yep :lol: :lol: :lol:
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If so, that is the best news on the hoax we have gotten so far! I guess I was concerned they had cornered him or forced him into the deal. I have been really worried that he was in a position where the hoax was his only option because he wanted out so badly.
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I may be one of these posters that you're referring to. I'm cool with it and I can laugh at myself. :lol: 8-)
I am one who must ask and question... again. My worst nightmare is to wake up one day years from now and find myself sitting in the same predicament as those Elvis Presley fans. The thought of it just sends chills and I don't mean the good ones either. :lol: ;)
Sometimes I can't believe some of these posters are actually on a HOAX site! :lol: :lol:
The DEAL was made with MICHAEL! Michael is ALIVE! He signed the deal in 2008! It was 2008 when he contacted Frank DiLeo about making a movie...the kind of movie that had never been done before! Then he announced a concert tour which he had no time to put together and for dates that were impossible to play because of previously planned and sold tickets by other artists!
The promo picture released in May of 2009 was for a MOVIE, not a concert! You know, the picture of Michael standing with Kenny Ortega behind the MOVIE CAMERA?????
Of course, the story says the deal was made with the executors...he is suppose to still be dead, so shhhhh...... :lol: :lol:
I'm not trying to be over-bearing but puhhhh....llllease! This is a HOAX SITE! We are here because WE KNOW MICHAEL IS ALIVE AND HE IS THE MAN BEHIND THE CURTAIN! And just as Kenny promised, piece by piece by piece, MJ is being revealed! The articles say it was a 7 year contract. A 7 year contract. And that it had a two year extension taking it to 2017...that means it was signed in 2008! These are the last two lines from the article....
And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017.
:mrgreen:
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OK, thought about it some more. The deal is not for games, merchandise etc. and one article states:
In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
So if I am correct, Sony pays 250 million bucks for songs they already could release the upcoming 5 years.... Meaning they will pay 250 million to have those rights for only 2 more years?
So they will pay 125 million for 2016 and 125 million for 2017. And they think they will make profit on that by then? I don't think so and I also don't think Sony is that stupid.
Something is off. This sounds like a bogus deal to me, if it is really just for the music.
Thoughts anyone?
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that's true... but hey the thought is entertaining for a while and we aren't hurting anybody
I may be one of these posters that you're referring to. I'm cool with it and I can laugh at myself. :lol: 8-)
I am one who must ask and question... again. My worst nightmare is to wake up one day years from now and find myself sitting in the same predicament as those Elvis Presley fans. The thought of it just sends chills and I don't mean the good ones either. :lol: ;)
Sometimes I can't believe some of these posters are actually on a HOAX site! :lol: :lol:
The DEAL was made with MICHAEL! Michael is ALIVE! He signed the deal in 2008! It was 2008 when he contacted Frank DiLeo about making a movie...the kind of movie that had never been done before! Then he announced a concert tour which he had no time to put together and for dates that were impossible to play because of previously planned and sold tickets by other artists!
The promo picture released in May of 2009 was for a MOVIE, not a concert! You know, the picture of Michael standing with Kenny Ortega behind the MOVIE CAMERA?????
Of course, the story says the deal was made with the executors...he is suppose to still be dead, so shhhhh...... :lol: :lol:
I'm not trying to be over-bearing but puhhhh....llllease! This is a HOAX SITE! We are here because WE KNOW MICHAEL IS ALIVE AND HE IS THE MAN BEHIND THE CURTAIN! And just as Kenny promised, piece by piece by piece, MJ is being revealed! The articles say it was a 7 year contract. A 7 year contract. And that it had a two year extension taking it to 2017...that means it was signed in 2008! These are the last two lines from the article....
And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017.
:mrgreen:
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OK, thought about it some more. The deal is not for games, merchandise etc. and one article states:
In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
So if I am correct, Sony pays 250 million bucks for songs they already could release the upcoming 5 years.... Meaning they will pay 250 million to have those rights for only 2 more years?
So they will pay 125 million for 2016 and 125 million for 2017. And they think they will make profit on that by then? I don't think so and I also don't think Sony is that stupid.
Something is off. This sounds like a bogus deal to me, if it is really just for the music.
Thoughts anyone?
What would be the point of bogus?
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OK, thought about it some more. The deal is not for games, merchandise etc. and one article states:
In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
So if I am correct, Sony pays 250 million bucks for songs they already could release the upcoming 5 years.... Meaning they will pay 250 million to have those rights for only 2 more years?
So they will pay 125 million for 2016 and 125 million for 2017. And they think they will make profit on that by then? I don't think so and I also don't think Sony is that stupid.
Something is off. This sounds like a bogus deal to me, if it is really just for the music.
Thoughts anyone?
What would be the point of bogus?
For us to crack our heads until we get it? idk :?
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OK, thought about it some more. The deal is not for games, merchandise etc. and one article states:
In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
So if I am correct, Sony pays 250 million bucks for songs they already could release the upcoming 5 years.... Meaning they will pay 250 million to have those rights for only 2 more years?
So they will pay 125 million for 2016 and 125 million for 2017. And they think they will make profit on that by then? I don't think so and I also don't think Sony is that stupid.
Something is off. This sounds like a bogus deal to me, if it is really just for the music.
Thoughts anyone?
My thoughts would be that it included the motion picture This Is It, the 2-disc CD for "This Is It", the DVD for "This Is It", and probably a tour of some kind or residency in Las Vegas, a globally broadcast TV special, three new albums, a compilation album of the three new albums, and maybe another Motion Picture called the "Death of Me!" That would make 10 projects! :mrgreen: :mrgreen: :mrgreen:
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Hey I know. That's why I'm one of the first to laugh about all of this madness. :lol: :lol:
that's true... but hey the thought is entertaining for a while and we aren't hurting anybody
I may be one of these posters that you're referring to. I'm cool with it and I can laugh at myself. :lol: 8-)
I am one who must ask and question... again. My worst nightmare is to wake up one day years from now and find myself sitting in the same predicament as those Elvis Presley fans. The thought of it just sends chills and I don't mean the good ones either. :lol: ;)
Sometimes I can't believe some of these posters are actually on a HOAX site! :lol: :lol:
The DEAL was made with MICHAEL! Michael is ALIVE! He signed the deal in 2008! It was 2008 when he contacted Frank DiLeo about making a movie...the kind of movie that had never been done before! Then he announced a concert tour which he had no time to put together and for dates that were impossible to play because of previously planned and sold tickets by other artists!
The promo picture released in May of 2009 was for a MOVIE, not a concert! You know, the picture of Michael standing with Kenny Ortega behind the MOVIE CAMERA?????
Of course, the story says the deal was made with the executors...he is suppose to still be dead, so shhhhh...... :lol: :lol:
I'm not trying to be over-bearing but puhhhh....llllease! This is a HOAX SITE! We are here because WE KNOW MICHAEL IS ALIVE AND HE IS THE MAN BEHIND THE CURTAIN! And just as Kenny promised, piece by piece by piece, MJ is being revealed! The articles say it was a 7 year contract. A 7 year contract. And that it had a two year extension taking it to 2017...that means it was signed in 2008! These are the last two lines from the article....
And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017.
:mrgreen:
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Oh see you just didn't come up with that plan. You have been mapping that little lineup for a while. :lol:
OK, thought about it some more. The deal is not for games, merchandise etc. and one article states:
In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
So if I am correct, Sony pays 250 million bucks for songs they already could release the upcoming 5 years.... Meaning they will pay 250 million to have those rights for only 2 more years?
So they will pay 125 million for 2016 and 125 million for 2017. And they think they will make profit on that by then? I don't think so and I also don't think Sony is that stupid.
Something is off. This sounds like a bogus deal to me, if it is really just for the music.
Thoughts anyone?
My thoughts would be that it included the motion picture This Is It, the 2-disc CD for "This Is It", the DVD for "This Is It", and probably a tour of some kind or residency in Las Vegas, a globally broadcast TV special, three new albums, a compilation of some sort, and maybe another Motion Picture called the "Death of Me!" That would make 10 projects! :mrgreen: :mrgreen: :mrgreen:
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The advances being paid by Sony are to be offset by sales of albums as well as revenue generated by licensing Mr. Jackson's music for uses like videogames, movies and theatrical performances. But unlike the megadeals struck in recent years by concert promoter Live Nation Entertainment Inc. with pop stars Jay-Z and Madonna, the Jackson deal doesn't give Sony income from other parts of the late singer's business, such as merchandise sales or fees for licensing his name and likeness.
This means (if I am correct) that they can only use the music they could already use until 2015, right? (my head hurts)...
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And what is this: The new deal extends that right until 2017, and adds the rights to material recorded since then. Since when? 2009, 2015, 2017? He's 'dead' .... record what and how?
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And what is this: The new deal extends that right until 2017, and adds the rights to material recorded since then. Since when? 2009, 2015, 2017? He's 'dead' .... record what and how?
A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
maybe recordings since the 80's? I dont get it. so sony had the right to distribute those recordings until 2015, and with the extension they have the right to distribute those recordings until 2017? material recorded since when? 2017? the only thing I could think of is since the 80's...but that would mean before the extension they only had rights to material before the early 80's which makes no sense!
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If... he were "dead" they could pull that off. Some of his songs are incomplete, he has acknowledged this. Take a voice track from here...add some music from over there. A talented producer and engineer could bring it all together for a new recording. Think about duets between live and dead singers. Modern technology... :lol:
And what is this: The new deal extends that right until 2017, and adds the rights to material recorded since then. Since when? 2009, 2015, 2017? He's 'dead' .... record what and how?
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credit Wall Street Journal. I didn't want to start a new thread even though this gives more detail for the record deal.
By ETHAN SMITH
Months after his death, Michael Jackson set a music-industry record, thanks to a deal between his estate and Sony Corp. valued at as much as $250 million, according to people familiar with the terms.
.The deal—touted by both Sony and Mr. Jackson's estate as the most lucrative recording contract ever— guarantees the estate at least $200 million. With 10 albums over seven years, the deal will involve a mix of previously unreleased songs and new packages of familiar ones.
The dollar amount is especially striking against the backdrop of the music industry as a whole, in which U.S. album sales have plunged 52% in a decade. Superstar deals worth tens of millions of dollars per album were rare even at the peak of the CD-sales boom in the late 1990s. Yet it also underscores that the biggest acts are becoming even more essential to record labels, as individual fans purchase fewer albums each year.
Sony has sold an estimated 31 million Jackson albums since his death.
.Since Mr. Jackson's death on June 25, Sony has sold an estimated 31 million of his albums globally. By the first anniversary of his death, his estate expects to have earned $250 million from sales of music, merchandise and tickets to the posthumous concert film "This Is It."
The advances being paid by Sony are to be offset by sales of albums as well as revenue generated by licensing Mr. Jackson's music for uses like videogames, movies and theatrical performances. But unlike the megadeals struck in recent years by concert promoter Live Nation Entertainment Inc. with pop stars Jay-Z and Madonna, the Jackson deal doesn't give Sony income from other parts of the late singer's business, such as merchandise sales or fees for licensing his name and likeness.
In an interview, Rob Stringer, chairman of Sony Music Entertainment's Columbia/Epic Label Group, said that his company was confident it would more than recoup its hefty investment, which he characterized as more than just a record deal.
"We see it as a partnership," Mr. Stringer said.
The deal should give Mr. Jackson's heirs plenty of breathing room with respect to the crushing debt load he had built up in his final years. With his album sales dwindling and concert touring ground to a halt, Mr. Jackson borrowed heavily to finance his lavish lifestyle.
.The estate is likely to pay off about $125 million in debt by the end of this year, including $35 million owed to AEG Live, the promoter that was to stage a series of concerts by Mr. Jackson in London. The estate is likely to refinance another $325 million backed by Mr. Jackson's two biggest assets: Sony/ATV Music Publishing, his venture with Sony that owns copyrights to 251 Beatles songs; and his 2,600-acre Neverland Valley Ranch outside Santa Barbara, Calif.
A $300 million loan backed by Sony/ATV and held by Barclays PLC matures at the end of the year, and before Mr. Jackson's death it loomed as a major financial challenge.
In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
The new deal, like the one from the 1980s, was negotiated by John Branca, Mr. Jackson's long-time lawyer and now an administrator of the estate.
The deal retroactively covers the soundtrack album to "This Is It," plus a range of other releases, some of which have been mapped out, with others to be determined later. An album of previously unreleased songs is likely to hit stores before the end of this year, and another collection is due out later. The deal is also likely to cover expanded reissues of Mr. Jackson's albums "Off the Wall" and "Bad," as well as collections of remixes. A DVD of all of Mr. Jackson's music videos is likely to be created at some point.
Speculation has circulated that Cirque du Soleil would create a Las Vegas show based on Mr. Jackson's music, as it already has done with Beatles' music. If it does, a soundtrack album of some kind would likely be part of the deal.
The estate could probably wipe out the debts entirely by selling its half of Sony/ATV, although such a drastic step is viewed as unlikely now that Mr. Jackson's posthumous business is generating so much cash.
Mr. Jackson acquired ATV for $47.5 million in 1985. Sony in 1995 paid $150 million to become a 50% partner in the venture. Mr. Jackson's half is now valued at at least $1 billion.
Why would Jackson estate pay AEG 35 million $. They said the cost of preparing for This is it tour was 20 million $. And Sony already paid for the rights 50 mill $ to AEG. Am I missing something?
This is so funny, how we are taking care of Mj's finances :lol:
So, Sony paid 50 mil.$ for the rights for This is it and by the aniversary they expect to make 250 mil $. Looks like a good deal to me, or is it from all the previous albums as well.
I read that Mj sill owns Neverland, as I understood, he owns Capital Colony money for helping him to keep Neverland and after that they made a deal about touring again to pay off the debt.
What is happening in Neverland? Who is in charge there?
Follow the money, the man said.
Head hurts
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It's even in the Dutch news....
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Edit
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Michael Jackson Deal: $225 Mil Just for Records, Nothing Else
By: Roger Friedman // Monday March 15, 2010
The new Sony deal for Michael Jackson’s new records is actually worth $225 million according to my sources.
That means that Jackson attorneys John Branca (a co-executor) and Joel Katz, with the help of co-executor John McClain, have cut for Michael Jackson’s estate the richest deal ever in recording business history. It far exceeds the deal Sony made with Bruce Springsteen a couple of years ago for $100 million.
The deal is only for records for the next seven years. It already includes the soundtrack to “This Is It.” Come November, the first scheduled release will be a collection of unreleased tracks perhaps including a duet with Paul Anka and one or two songs left off of “Thriller.”
Two more releases will be anniversary editions of “Bad” and “Off the Wall” which will include extra and remixed tracks a la the 25th anniversary edition of “Thriller.” McClain and hopefully Jackson’s longtime manager Frank DiLeo will be involved with those.
There are also enough tracks for at least one or two live albums from various Jackson tours.
The Sony deal does not include anything to do with Michael’s publishing, live shows still to be arranged, or merchandise. A show with Cirque du Soleil, as I’ve written before, will be announced shortly for Las Vegas.
But all of that is separate. What happened: Since his death Jackson has sold 31 million albums worldwide. Sony, which had parted company with Jackson before his death, wants to remain in the Jackson business. With this contract, they will be in business with his estate for at least seven more years.
Insiders say that Jackson’s estate will retain the rights to all the master recordings, too. This is highly unusual. Also: Branca, Katz and McClain also, apparently, renegotiated Jackson’s royalty rate with Sony for this deal. “It’s the highest rate anyone’s ever had,” says a source.
At this rate, the prediction is that Jackson’s huge debt leveraged against his own MiJac Music Publishing will be paid off in a short time. His even bigger debt, secured against his one half interest in the Sony/ATV Music Publishing company–also known as the Beatles catalog–will be refinanced and reduced. When Jackson died, sources point out, he was $500 in debt.His estate is now solvent, and his children are well taken care for their lives.
It is the sad irony of the Michael Jackson story that for years he suffered financially, and drifted in his career. Since his death. his career and finances have flourished.
http://showbiz411.blogs.thr.com/ (http://showbiz411.blogs.thr.com/)
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http://www.latimes.com/entertainment/ne ... 2645.story (http://www.latimes.com/entertainment/news/la-et-michael-jackson16-2010mar16,0,7082645.story)
Computer games or multimedia platforms ? :?
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http://www.latimes.com/entertainment/news/la-et-michael-jackson16-2010mar16,0,7082645.story
Computer games or multimedia platforms ? :?
remember the article from june 24 about the mystery game :?
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I don't like this..... :? :? :?
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Sorry but I just found this : http://www.nytimes.com/2010/03/16/arts/ ... l?ref=arts (http://www.nytimes.com/2010/03/16/arts/music/16jackson.html?ref=arts)
Can someone plz explain what " the right to sell his back catalog ..." means ? :?
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Sorry but I just found this : http://www.nytimes.com/2010/03/16/arts/ ... l?ref=arts (http://www.nytimes.com/2010/03/16/arts/music/16jackson.html?ref=arts)
Can someone plz explain what " the right to sell his back catalog ..." means ? :?
I don't know, but this does not sound like good news to me. Michael wanted 100% of his ties to Sony cut. This is the work of Branca & Mc Clain and that FAKE will.
Didn't MJ say "Sony Kills"..... :? :? Watch a see, Branca & Mc Clain will eventually sell that catalogue back to Sony. This was their plan all along.
EDIT: The full quote for those that don't know (I just assumed everyone did). Is Sony Kills the Music. Just thought I better clarify b4 someone decides to correct me
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okay what the hell is going on? this is big news. it's on every news channel. there's something here for us, we need to find it.
the deal seems pretty lucrative. if we believe michael is alive and put out TII as a message to fans, he obviously didn't want to cut ties completely with Sony, since they owned the rights to distribute it. god, i don't know.
okay michael, we're going to need help figuring this one out, please.
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OMG! This is GREAT NEWS! Contract for 10 albums over 7 years and he left behind enough for 3! :lol: :lol: :lol: :lol: They could never, never, never recoup those costs by putting out 7 more compilations to make a total of 10 albums! We've had nothing but compilations for years! This SHOW gets better every day! :lol: :lol: :lol:
Hurry back, Michael! You owe us seven more albums besides the three already from the grave! :mrgreen: :mrgreen: :mrgreen:
This is not good at all :( Michael hated Sony, but his family obviusly dosent :? It's all about money. Why would Michael attach himself to Sony again ? No, this is really BAD news, imo. I'm now 50/50 :( This is the first time I have ever doubted this hoax.
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I don't think he hated Sony. He hated Tommy Mottola.
Afterall isn't the owner of 50% of Sony ?
IDK. At first I thought it was great news then I become more sceptic about it and now I don't know what to think. Something is not right , there is something we can't see yet.
Something is missing but what ? :?:
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"Back catalog" refers to MJs older music that was produced. SONY now has the right to sell that collection of MJ music in pieces or as a whole.
Sorry but I just found this : http://www.nytimes.com/2010/03/16/arts/ ... l?ref=arts (http://www.nytimes.com/2010/03/16/arts/music/16jackson.html?ref=arts)
Can someone plz explain what " the right to sell his back catalog ..." means ? :?
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@GirlSaturday
Thanks for your answer.
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"Back catalog" refers to MJs older music that was produced. SONY now has the right to sell that collection of MJ music in pieces or as a whole.
Sorry but I just found this : http://www.nytimes.com/2010/03/16/arts/ ... l?ref=arts (http://www.nytimes.com/2010/03/16/arts/music/16jackson.html?ref=arts)
Can someone plz explain what " the right to sell his back catalog ..." means ? :?
But I thought the rights to his music reverted back to him last year?? How do they now have the right to sell it? :?
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Can I sell something to myself ? 8-)
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Not sure but I know that in real estate you can sell your property to a proxy who is working on your behalf. :lol:
Can I sell something to myself ? 8-)
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Since my head was spinning, I spoke to someone who is more knowledgeable about contract law. Here’s the breakdown. Two things are in place. 1) New deal of 10 albums over 7 year period…until 2017. 2)Distribution rights of MJs music from the original 80s contract. The two things were merged to bring together one contract that is now in sinc with the 2017 end of contract date. Original 80s contract gave $ONY distribution rights until 2015. The new contract runs until 2017 so they wanted to make them match up. The 2 yr extension merely stretches the distribution rights to match the end of the newer contract. Anything that is recorded under the Michael Jackson name from the original 80s contract until 2017 will be distributed by $ONY.
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Did you recognize??????
I make a copypaste: viewtopic.php?f=17&t=7077 (http://michaeljacksonhoaxforum.com/phpbb2/viewtopic.php?f=17&t=7077)
UPDATE No2
Ok this is weird... but TMZ has changed his dates.....
From
Posted Mar 15th 2010 10:49PM by TMZ Staff
to
Posted Mar 16th(1+6=7) 2010 12:10AM (2+1+1+2+1=7) by TMZ Staff
Are you kidding me? Now I really believe that they are aware of all....
Maybe they want to help us???? They know also the 777 thing....
Why should they exactly change it to these dates?
That's what they have written.... Also very strange again...
Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250(2+5=7) million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017.
Ok
--> 7 Years, 2017, worth 250 = 777
P.S.
thanks to lovemj4everandever :
Look at the tagline....A TWO YEAR extension would make it 2019! NOT 2017! The deal was signed in 2008!!!!!!!
That's great, they are just telling us, that he is alive......
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So sorry for the stupid question but my mind has stucked :shock:
So that means ??? Much ado about nothing ?????? :shock:
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Well.. it seems they have recovered the music that LaToyah supposedly swiped.. remember the hard drive with 100 songs that went missing????
I am mixed emotions about this. Of course i want to hear the new material.. but when i do my heart will break all over again if MJ isnt here also.
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Forget about it. Since the record deal announcement, my mind has gotten stuck a few times too. :lol:
So sorry for the stupid question but my mind has stucked :shock:
So that means ??? Much ado about nothing ?????? :shock:
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And what is this: The new deal extends that right until 2017, and adds the rights to material recorded since then. Since when? 2009, 2015, 2017? He's 'dead' .... record what and how?
Very bad grammar or intentional. I'm going with intentional 8-)
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I had completely forgotten that music was among the things taken from the house. The new record deal makes a person think about who she was trying to keep from getting their clutches on the songs. :lol:
Well.. it seems they have recovered the music that LaToyah supposedly swiped.. remember the hard drive with 100 songs that went missing????
I am mixed emotions about this. Of course i want to hear the new material.. but when i do my heart will break all over again if MJ isnt here also.
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OMG! :o Why Sony? I mean Michael hated Sony for what they are doing and we know what Sony is up to. But why sign a deal with them again? :roll:
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If Michael Jackson really is alive would he agree to such a deal with Sony or or was the falling out all fake?
I have mixed feelings about hearing this deal but from what I've seen in the news it seems like most of it will be back catalogue stuff - including the This Is It soundtrack - and one album of unreleased stuff.
http://news.bbc.co.uk/1/hi/entertainment/8569481.stm (http://news.bbc.co.uk/1/hi/entertainment/8569481.stm)
Really don't know what to make of it I'm confused. Guess we will have to wait until later today to hear what they have come up with.
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OK, thought about it some more. The deal is not for games, merchandise etc. and one article states:
In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then.
So if I am correct, Sony pays 250 million bucks for songs they already could release the upcoming 5 years.... Meaning they will pay 250 million to have those rights for only 2 more years?
So they will pay 125 million for 2016 and 125 million for 2017. And they think they will make profit on that by then? I don't think so and I also don't think Sony is that stupid.
Something is off. This sounds like a bogus deal to me, if it is really just for the music.
Thoughts anyone?
No..the 250 million is only about the new unreleased material, the 7 year/10 projects contract. They had the right to distribute the already released material untill 2015.
So they have 2 new deals:
1. extension of right to distribute old songs from 2015 untill 2017
2. right to release new material for 10 projects during 7 years
UN-BE-LIE-VA-BLE. I can't believe this, Michael HATED Sony. He was so glad to have left them. Now he is "dead" and they get this multimillion dollar deal...could this have been the reason for a possible murderplot?
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UN-BE-LIE-VA-BLE. I can't believe this, Michael HATED Sony. He was so glad to have left them. Now he is "dead" and they get this multimillion dollar deal...could this have been the reason for a possible murderplot?
Or he was forced to do the hoax because of the debts....Or it's hes greedy family ( not the kids ) cause he really IS dead, and now they can make more money than ever....or it's all planned by Michael, so he can come back, and never has to deal with making new records, he can sort of retire.
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http://blogs.wsj.com/speakeasy/2010/03/ ... WORDS=sony (http://blogs.wsj.com/speakeasy/2010/03/16/michael-jackson-still-wanted-dead-or-alive/?KEYWORDS=sony)
[Michael Jackson: Still Wanted, Dead or Alive
By Christopher John Farley
Why are people surprised when musicians prove to be worth more dead than alive?
According to an article in the Wall Street Journal by Ethan Smith, “Months after his death, Michael Jackson set a music-industry record, thanks to a deal between his estate and Sony Corp. valued at as much as $250 million, according to people familiar with the terms.”
The pact, which involves the release of 10 albums over seven years, guarantees the estate at least $200 million. Those releases will feature a mix of previously unreleased songs and new packages of familiar tracks.
[my remark: original news publication by Reuters press agency on March 15, 2010 9:59 p.m. says "10 albums" not "projects"]
Just last week, Jimi Hendrix released a “new” album, “Valleys of Neptune,” containing previously unreleased versions of old songs, and numbers from the vault that hadn’t before gotten an official release.
Also last week, a new Broadway show was announced titled “Unchain My Heart: The Ray Charles Musical,” that will be a showcase for the music of Charles, and last month the late Johnny Cash released another in his series of albums for American Recordings.
Kurt Cobain appears in the video game “Guitar Hero 5,” and all four of the Beatles appear in “Beatles: Rock Band” although two of them are dead.
At the beginning of the rock and roll era, many saw such pop music as disposable. But now, decades later, we’re seeing that the best artists–Bob Marley, the Beatles, Michael Jackson and the like–have made music that is unbounded by decades and trends and has a rich life beyond the lives of the artists that created the work in the first place.
Great pop music may turn out to be more like fine art, increasing in value over time. And, increasingly, there seem to be new uses for great songs–in videogames, samples, remixes, ringtones, jukebox musicals, apps, and other ways that songwriters today have yet to imagine.
Michael Jackson, in life, demonstrated his belief in the value in songs when he purchased the company that held the rights to the Beatles’ music publishing. Now Jackson, in death, is teaching the recording industry a similar lesson about the value of music. ]
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Sorry guys but I think this is really really bad...fishy. It's almost like Michael needed to be out of the way so they could get this deal of his material
Not just that, but the artist isn't even involved with the release of the material. How can they release unfinished material that he may not have agreed with, being the perfectionist that he is? How can you release the artwork of an artist that was not even completed by the artist himself?
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This is a) about money, b) about money and c) about money.
I am not giving Sony the dimes.
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TMZ changed again the dates:
:shock: :shock: :shock: :shock: 3 different times?
Posted Mar 15th 2010 10:49PM by TMZ Staff
to
Posted Mar 16th(1+6=7) 2010 12:10AM (2+1+1+2+1=7) by TMZ Staff
The new one:
Posted Mar 16th 2010 3:10AM by TMZ Staff
but matches again 1+6 = 7
2+1+3+1=7
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Do you understand now how fake and unreliable TMZ is? (Many more to join that train)
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This is a) about money, b) about money and c) about money.
I am not giving Sony the dimes.
me neither
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TMZ changed again the dates:
:shock: :shock: :shock: :shock: 3 different times?
Posted Mar 15th 2010 10:49PM by TMZ Staff
to
Posted Mar 16th(1+6=7) 2010 12:10AM (2+1+1+2+1=7) by TMZ Staff
The new one:
Posted Mar 16th 2010 3:10AM by TMZ Staff
but matches again 1+6 = 7
2+1+3+1=7
Are you saying that it's fake news ? Cause it's headlines here in Denmark, also in serius media.
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TMZ changed again the dates:
3 different times?
Posted Mar 15th 2010 10:49PM by TMZ Staff
to
Posted Mar 16th(1+6=7) 2010 12:10AM (2+1+1+2+1=7) by TMZ Staff
The new one:
Posted Mar 16th 2010 3:10AM by TMZ Staff
but matches again 1+6 = 7
2+1+3+1=7
Maybe because they saw that we "bought" it and try to give us a "lift up" ?
Are you saying that it's fake news ? Cause it's headlines here in Denmark, also in serius media.
Yes it's serious but we still don't know all the parameters of the story .
Just saying...
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I don't believe TMZ that they are in the hoax or say that TMZ is good
but what I want to say....
I believe that they know something.... and they are well informed about Michael JAckson's hoax...
maybe toooo well....
They try to tell us, that he is alive! The bogus of the 911, all hoax,....etc.. and so on
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TMZ changed again the dates:
3 different times?
Posted Mar 15th 2010 10:49PM by TMZ Staff
to
Posted Mar 16th(1+6=7) 2010 12:10AM (2+1+1+2+1=7) by TMZ Staff
The new one:
Posted Mar 16th 2010 3:10AM by TMZ Staff
but matches again 1+6 = 7
2+1+3+1=7
Maybe because they saw that we "bought" it and try to give us a "lift up" ?
Are you saying that it's fake news ? Cause it's headlines here in Denmark, also in serius media.
Yes it's serious but we still don't know all the parameters of the story .
Just saying...
I would LOVE it to be fake.
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TMZ changed again the dates:
:shock: :shock: :shock: :shock: 3 different times?
Posted Mar 15th 2010 10:49PM by TMZ Staff
to
Posted Mar 16th(1+6=7) 2010 12:10AM (2+1+1+2+1=7) by TMZ Staff
The new one:
Posted Mar 16th 2010 3:10AM by TMZ Staff
but matches again 1+6 = 7
2+1+3+1=7
isnt it just cause they updated the news?????
I think most website do that with their news....
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Money.
Money...
Lie for it
Spy for it
Kill for it
Die for it
So you call it trust
But I say it's just
In the devil's game
Of greed and lust
They don't care
They'd do me for the money
They don't care
They use me for the money
So you go to church
Read the Holy word
In the scheme of life
It's all absurd
They don't care
They'd kill for the money
Do or dare
The thrill for the money
You're saluting the flag
Your country trusts you
Now you're wearing a badge
You're called the "Just Few"
And you're fighting the wars
A soldier must do
I'll never betray or deceive you my friend but...
If you show me the cash
Then I will take it
If you tell me to cry
Then I will fake it
If you give me a hand
Then I will shake it
You'll do anything for money...
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Insurance?
Where do your loyalties lie?
Is that your alibi?
I don't think so
You don't care
You'd do her for the money
Say it's fair
You sue her for the money
Want your pot of gold
Need the Midas touch
Bet you sell your soul
Cuz your God is such
You don't care
You kill for the money
Do or dareThe thrill for the money
Are you infected with the same disease
Of lust, gluttoney and greed?
Then watch the ones
With the biggest smiles
The idle jabbers...Cuz they're the backstabbers
If you know it's a lie
Then you will swear it
If you give it with guilt
Then you will bear it
If it's taking a chance
Then you will dare it
You'll do anything for money...
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
You say you wouldn't do it
For all the money in the world
I don't think soIf you show me the man
Then I will sell him
If you ask me to lie
Then I will tell him
If you're dealing with God
Then you will hell him
You'll do anything for money
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
-
Money.
Money...
Lie for it
Spy for it
Kill for it
Die for it
So you call it trust
But I say it's just
In the devil's game
Of greed and lust
They don't care
They'd do me for the money
They don't care
They use me for the money
So you go to church
Read the Holy word
In the scheme of life
It's all absurd
They don't care
They'd kill for the money
Do or dare
The thrill for the money
You're saluting the flag
Your country trusts you
Now you're wearing a badge
You're called the "Just Few"
And you're fighting the wars
A soldier must do
I'll never betray or deceive you my friend but...
If you show me the cash
Then I will take it
If you tell me to cry
Then I will fake it
If you give me a hand
Then I will shake it
You'll do anything for money...
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Insurance?
Where do your loyalties lie?
Is that your alibi?
I don't think so
You don't care
You'd do her for the money
Say it's fair
You sue her for the money
Want your pot of gold
Need the Midas touch
Bet you sell your soul
Cuz your God is such
You don't care
You kill for the money
Do or dareThe thrill for the money
Are you infected with the same disease
Of lust, gluttoney and greed?
Then watch the ones
With the biggest smiles
The idle jabbers...Cuz they're the backstabbers
If you know it's a lie
Then you will swear it
If you give it with guilt
Then you will bear it
If it's taking a chance
Then you will dare it
You'll do anything for money...
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
You say you wouldn't do it
For all the money in the world
I don't think soIf you show me the man
Then I will sell him
If you ask me to lie
Then I will tell him
If you're dealing with God
Then you will hell him
You'll do anything for money
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
If Michael planned this all along, he just sold his soul to the devil.... maybe for peace :(
-
Money.
Money...
Lie for it
Spy for it
Kill for it
Die for it
So you call it trust
But I say it's just
In the devil's game
Of greed and lust
They don't care
They'd do me for the money
They don't care
They use me for the money
So you go to church
Read the Holy word
In the scheme of life
It's all absurd
They don't care
They'd kill for the money
Do or dare
The thrill for the money
You're saluting the flag
Your country trusts you
Now you're wearing a badge
You're called the "Just Few"
And you're fighting the wars
A soldier must do
I'll never betray or deceive you my friend but...
If you show me the cash
Then I will take it
If you tell me to cry
Then I will fake it
If you give me a hand
Then I will shake it
You'll do anything for money...
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Insurance?
Where do your loyalties lie?
Is that your alibi?
I don't think so
You don't care
You'd do her for the money
Say it's fair
You sue her for the money
Want your pot of gold
Need the Midas touch
Bet you sell your soul
Cuz your God is such
You don't care
You kill for the money
Do or dareThe thrill for the money
Are you infected with the same disease
Of lust, gluttoney and greed?
Then watch the ones
With the biggest smiles
The idle jabbers...Cuz they're the backstabbers
If you know it's a lie
Then you will swear it
If you give it with guilt
Then you will bear it
If it's taking a chance
Then you will dare it
You'll do anything for money...
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
You say you wouldn't do it
For all the money in the world
I don't think soIf you show me the man
Then I will sell him
If you ask me to lie
Then I will tell him
If you're dealing with God
Then you will hell him
You'll do anything for money
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
AMEN! They don't care, they do it for the money :evil:
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Michael owns half of SONY, right?
ANother update..... also very interesting
viewtopic.php?f=17&t=7077 (http://michaeljacksonhoaxforum.com/phpbb2/viewtopic.php?f=17&t=7077)
UPDATE No2 Part 2
Ok, why the new contract with Sony now??
Because! And now listen.... :D
the record selling sinked(?) about 52%!!!!!!! (5+2=7)
And so they hope to sell until his annual day of death about 250 mil Dollar with the music, this is it.....
(2+5=7)
Just coincidence??? I don't think so :shock: :shock: :shock:
IT WAS THE RIGHT TIME!!
PIECE BY PIECE
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Michael owns I think half of it?!?!? right?
ANother update..... also very interesting
UPDATE No2 Part 2
Ok, why the new contract with Sony now??
Because! And now listen.... :D
the record selling sinked(?) about 52%!!!!!!! (5+2=7)
And so they hope to sell until his annual day of death about 250 mil Dollar with the music, this is it.....
(2+5=7)
Just coincidence??? I don't think so :shock: :shock: :shock:
:o :o :o This gets weider by the hour !!!
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http://www.latimes.com/entertainment/news/la-et-michael-jackson16-2010mar16,0,7082645.story
Computer games or multimedia platforms ? :?
remember the article from june 24 about the mystery game :?
Yes, I remember, here's link
http://www.escapistmagazine.com/news/view/92624-Rumor-Michael-Jackson-Stars-In-Upcoming-Mystery-Game
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cela a été posté sur ce blog le 20 juin 2009
MICHAEL JACKSON'S BUSINESS-ISSUES-UPTADES
http://translate.google.com/translate?h ... tml&anno=2 (http://translate.google.com/translate?hl=en&sl=fr&tl=en&u=http%3A%2F%2Flesliemjhu.blogspot.com%2F2009%2F06%2Fmichael-jacksons-business-issues.html&anno=2)
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Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j ... z0iIxFx7GY (http://www.tmz.com/2010/03/15/michael-jackson-record-deal-sony-entertainment-albums-music-estate/#ixzz0iIxFx7GY)
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence? [/color]
Ok I'm going to say something different from everyone else here. When I first read this news, I saw the numbers. 7years, 3 albums and 10 projects. Doesn't this sound like a date to you? Like 7.3.10 ? July 3rd 2010!!! I wonder if this is something about the come back day! Probably Michael decides to come back at the late hours of July 3rd and as we all know 4th of July comes next. What do you guys think about it? Can it be about the comeback date?
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I think we should watch this video again.
[youtube:1w2j1xhu]http://www.youtube.com/watch?v=Jn5lKuX1tSs[/youtube:1w2j1xhu]
He doesn´t have stuff for 10 albums, he has for much more, but he didn´t want to give them a shit...
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reading this gets me HOTT
:P
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I was not going to post again but I am very disturbed. Here is a progression of my thoughts. What do you think?
1. Don’t forget how Michael felt about Sony
http://www.youtube.com/watch?v=bx4NwrMtgw8
2. Grace Rwaramba’s Twitter (ignore the blonde pic as it is merely a Red Herring misdirect)
http://twitter.com/heismypeterpan
• Scroll down for Grace’s tweets:
• March 3 –leaving Culver City (finally)
• March 4-see randyjackson8 nasty twitter responses to Randy’s nasty comment about ‘1 in the house with evil intent to divide the family and separate the kids for her own evil gain (paraphrase). It was a toss up evil was one was Alejandra or Nanny Grace
• But Grace’s March 4 defensive tweet clarified that she is the evil one referred in Randy’s tweet.
3. Sony Pictures is situated in Culver City
http://en.wikipedia.org/wiki/Sony_Pictures_Studios
4. TMZ original location was in Glendale, California.
http://en.wikipedia.org/wiki/TMZ.com
• Victory Studios in Glendale, California (pictured here in 2007), is where TMZ.com was launched. TMZ.com later relocated to Hollywood, Los Angeles, but remained in California. As of November 2009, TMZ.com currently is still located in Los Angeles.
• Forest Lawn Cemetery is also where ‘MJ’ is supposedly entombed in Holly Terrance which is no longer guarded heavily guarded.
• So what was that 32,000 pounds of cement delivered to Neverland used for anyway?
.
5. Victory Studios
[bhttp://]http://en.wikipedia.org/wiki/Extra_%28TV_series%29[/b]
• Background info-see Harvey Levin connection
6. Victory Studios Blue/Green Screen
http://www.thefreelibrary.com/Valley+post-production+companies-a0210519502
7. Grace Rwaramaba gets ‘fired’ by MJ and marries heretofore unknown Joseph Kisembo that nobody can authenticate or find pictures of the happy couple
[bhttp://]http://www.rightcelebrity.com/?p=6205/http://
• Link offers lots of Red Herring misdirects like drug abuse, first time Grace in 17 years that Grace talks to media despite being ‘fired’ by MJ. Other links can be found showing MJ and Grace like ‘a married couple.
8. Nanny Grace takes kids for Christmas
http://www.michaeljackson.com/fi/node/572288[[/url/[b]
9. Prince and Paris at the Grammy’s
[b][url]http://www.youtube.com/watch?v=L3sDPtPxqCQ
• Happy to see that the kids are calm and don’t look stressed given that the last tine they were at the Staples Centre was 7 months ago for their fathers ‘Memorial Service’. Blanket was the only one with stage fright.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
So given that Mr. Grace is nowhere to be found, was Grace “finally” able to leave Culver City because the new Sony deal got inked?
What gives with the Randy-Grace hostility?
Katherine began this leg of the journey as a vocal voice for Michael’s estate so why has she all but lost her voice? We know why Joe is silent.
Was Grace the one who called Children services, uploaded the Jaffar punching out Jermastery video on YouTube?
Why did Grace Rwaramba take MJ’s kids to the home of midnighmlk over Christmastime?
Why do we hear more about Grace news than the Katherine, Latoya, Janet????
Am I the other one disturbed when Grace calls MJ kids her babies???
Grace, Jermaine, Tohme Tohme all have connection to Power of Islam.
Midnightmk, Brett Ratner, DiLeo, Branca, McLain all have Sony connection.
Mighnightmlk, Grace, and MJ kids were together at Christmas.
Grace ‘finally’ got out of Culver City.
Katherine’s ability as custodian is questioned by Children’s Service, burlary, etc.
Mersault would only take MJ’s sexual molestation case on the proviso that MJ got rid of the Power of Islam.
MJ feared for his life.
MJ fired Grace, hired Kai Chase as cook and different nannies for the kids.
I think the Grace-Barak interview was a Red Herring.
But whose Red Herring? Michael’s or Grace?
Randy has vibes that Grace is evil and Latoya has already stated that she does not like Grace and Rebbie and Grace had a physical altercation.
Could it be that Grace was a possible reason for MJ’s disappearance???
Or, is Grace acting on behalf of MJ???
What do you think of the Grace trail???
I suspect that the TMZ-MJ connection probably started in Victory Studios in Glendale.
Don’t forget what Michael thought about Sony.
http://www.youtube.com/watch?v=bx4NwrMtgw8
Edied to add URLs :ugeek:
quite compelling to read... but why is this in the record deal section?
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When I first read the news I was really :shock: and like Tina K. I thought it was really, really bad. First time I seriously doubt he is alive. Why on earth would he want to male deal with Sony after what happened??! Why? I don't understand that, I really don't. :(
I don't know what to make of all this... I hope there is an explanation but at the moment it seems to me the only explanation is money and greediness. He hated Sony. :(
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When I first read the news I was really :shock: and like Tina K. I thought it was really, really bad. First time I seriously doubt he is alive. Why on earth would he want to male deal with Sony after what happened??! Why? I don't understand that, I really don't. :(
I don't know what to make of all this... I hope there is an explanation but at the moment it seems to me the only explanation is money and greediness. He hated Sony. :(
Possibly, but he could have also wanted people to think he hated them.
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Or maybe are all lies... or part of the hoax to once again realize that it doesn´t match...
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When I first read the news I was really :shock: and like Tina K. I thought it was really, really bad. First time I seriously doubt he is alive. Why on earth would he want to male deal with Sony after what happened??! Why? I don't understand that, I really don't. :(
I don't know what to make of all this... I hope there is an explanation but at the moment it seems to me the only explanation is money and greediness. He hated Sony. :(
Possibly, but he could have also wanted people to think he hated them.
Everything is possible, but it seems too farfetched somehow... I don't know, I'm just having a bad day, sorry guys :(
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When I first read the news I was really :shock: and like Tina K. I thought it was really, really bad. First time I seriously doubt he is alive. Why on earth would he want to male deal with Sony after what happened??! Why? I don't understand that, I really don't. :(
I don't know what to make of all this... I hope there is an explanation but at the moment it seems to me the only explanation is money and greediness. He hated Sony. :(
Possibly, but he could have also wanted people to think he hated them.
Everything is possible, but it seems too farfetched somehow... I don't know, I'm just having a bad day, sorry guys :(
Dont be sorry, I'm having one of those days too, we must support eachother, HUGS to you.
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hello?? why would he not sign on to a company he owns half of? i think...
its official... MICHAEL JACKSON MAKES ME CRAZY LOL 8-)
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Michael's disgust for SONY was BECAUSE of MOTOLLA!
Motolla was FIRED in 2003!
We love you, Michael! And YES, we will be there! What a genius!
:mrgreen: :mrgreen: :mrgreen:
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When I first read the news I was really :shock: and like Tina K. I thought it was really, really bad. First time I seriously doubt he is alive. Why on earth would he want to male deal with Sony after what happened??! Why? I don't understand that, I really don't. :(
I don't know what to make of all this... I hope there is an explanation but at the moment it seems to me the only explanation is money and greediness. He hated Sony. :(
Possibly, but he could have also wanted people to think he hated them.
Everything is possible, but it seems too farfetched somehow... I don't know, I'm just having a bad day, sorry guys :(
Dont be sorry, I'm having one of those days too, we must support eachother, HUGS to you.
Thanks Tina (((()))) HUgs to you.
it is so messed up, I don't know how it could be good , I don't really know that :(
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Michael's disgust for SONY was BECAUSE of MOTOLLA!
Motolla was FIRED in 2006!
We love you, Michael! And YES, we will be there! What a genius!
:mrgreen: :mrgreen: :mrgreen:
Exactly.
I was listening (radio conversation) to the guys that worked for Sony, it seemed like they had good relationship with MJ. I think MJ left Sony because of Mottola.
Our eyes should be open very widely, I don't wanna be sitting here next year thinking and talking about the hoax.
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I don´t trust Sony, and it´s not just about MJ or Motolla.
I think their are pushing hard in the game of diminishing our freedom on the internet through copyright against piracy and P2P wars. Through their every country filial.
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Hello everyone, I know I may be unlikely to post much here but I visit often and post links on my own board and respect all the work that has been done on this board.
I just wanted to remind you about the fact that Michael did meet with John Branca on 17 June 2009 at the forum rehearsals with the view to working together again :!: You will find it on the mjtimeline link below.
http://mjjtimeline.blogspot.com/ (http://mjjtimeline.blogspot.com/)
I know that tarot is not favourable in many peoples eyes but I have had some very accurate insights on the subject of Michael and have been uploading from my old forum onto a new blogger to make them easy to read. I am also going to create a link of all the accurate readings there too. I will do this in time as its a lot of work . Insights have been uploaded from March 2009 until October 2009 from my original forum. I hope you dont mind me posting this and I honestly do appreciate that my kind of work is not liked by many people. The problem is I have seen a lot of things that might have helped some of the fans who have been upset. I only ever wanted to help - much regard to Souza and Mo who have painstakingly put this forum together to also help people. Michaels situation is really quite plain but Im not sure that anyone is meant to spell it out exactly. I have just written what I felt would be more in his best interests rather than start trying to scrape the lid of everything.
Regards to everyone here, and hope I am welcome.
http://tarotformichaeljackson.blogspot.com/ (http://tarotformichaeljackson.blogspot.com/)
Empathyx
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Here are examples that may relate to this current news report wrtten 2009 - I ching gives the number seven , new beginning and a reference to November - but days is figurative. Anyway just posted for interest the following from my readings.
http://tarotformichaeljackson.blogspot. ... -2009.html (http://tarotformichaeljackson.blogspot.com/2010/03/6october-tarot-2009.html)
17 OCTOBER MICHAEL ICHING
There is something happening here in November because I am given the winter month - 11th month and 7 days for return.
I am not a great expert at ICHING tarot being my forte but there is something 'to come from Michael' in this month. We should be prepared for a turning point - perhaps something makes us sit up?
Perhaps it is somewhere he goes?
There is a turning point here. There is a new beginning for something.
We also have the number 24.
I have no other information at this moment but receive this ICHING twice in a row.
also 29 october TAROT michael and sony.
Do you understand this? Because I do - its a definate compromise with Sony for what Michael said in the past which is strange because I have been addressing that today and posted what Michael said.
It seems to me there is a truce in this card thats been made. Whether that was by Michael or not - thats what we have got.
This is a definate re-kindling of Michael and this company who he fell out with in the past.
-
sorry for making three posts here :oops: I just knew I had written more about sony and the future. I wont write anymore but wanted you to see. xx love to allxx
http://tarotformichaeljackson.blogspot. ... -2009.html (http://tarotformichaeljackson.blogspot.com/2010/03/michael-november-tarot-2009.html)
NOVEMBER 3RD 2009.
I have asked if Michael would want his unreleased songs put out there by Sony. I have received the card of the three of wands which represents 'opportunities'. Its not a negative card and can show a relationship built on trust.
That has me scratching my head but thats not a negative answer is it. This card shows us putting our ships our and waiting for them to come in - so it seems to me that there is still some form of trusting partnership there. Therefore I cant throw a negative light on Sony with this card.
Perhaps something came around that made it important to drop problems and see opportunities in this and hence I dont have a negative reply to this question but more of one that seems to look towards the distant goal of the future.
So it looks more positive to the question then negative. ;)
-
I was not going to post again but I am very disturbed. Here is a progression of my thoughts. What do you think?
1. Don’t forget how Michael felt about Sony
http://www.youtube.com/watch?v=bx4NwrMtgw8
2. Grace Rwaramba’s Twitter (ignore the blonde pic as it is merely a Red Herring misdirect)
http://twitter.com/heismypeterpan
• Scroll down for Grace’s tweets:
• March 3 –leaving Culver City (finally)
• March 4-see randyjackson8 nasty twitter responses to Randy’s nasty comment about ‘1 in the house with evil intent to divide the family and separate the kids for her own evil gain (paraphrase). It was a toss up evil was one was Alejandra or Nanny Grace
• But Grace’s March 4 defensive tweet clarified that she is the evil one referred in Randy’s tweet.
3. Sony Pictures is situated in Culver City
http://en.wikipedia.org/wiki/Sony_Pictures_Studios
4. TMZ original location was in Glendale, California.
http://en.wikipedia.org/wiki/TMZ.com
• Victory Studios in Glendale, California (pictured here in 2007), is where TMZ.com was launched. TMZ.com later relocated to Hollywood, Los Angeles, but remained in California. As of November 2009, TMZ.com currently is still located in Los Angeles.
• Forest Lawn Cemetery is also where ‘MJ’ is supposedly entombed in Holly Terrance which is no longer guarded heavily guarded.
• So what was that 32,000 pounds of cement delivered to Neverland used for anyway?
.
5. Victory Studios
[bhttp://]http://en.wikipedia.org/wiki/Extra_%28TV_series%29[/b]
• Background info-see Harvey Levin connection
6. Victory Studios Blue/Green Screen
http://www.thefreelibrary.com/Valley+post-production+companies-a0210519502
7. Grace Rwaramaba gets ‘fired’ by MJ and marries heretofore unknown Joseph Kisembo that nobody can authenticate or find pictures of the happy couple
[bhttp://]http://www.rightcelebrity.com/?p=6205/http://
• Link offers lots of Red Herring misdirects like drug abuse, first time Grace in 17 years that Grace talks to media despite being ‘fired’ by MJ. Other links can be found showing MJ and Grace like ‘a married couple.
8. Nanny Grace takes kids for Christmas
http://www.michaeljackson.com/fi/node/572288[[/url/[b]
9. Prince and Paris at the Grammy’s
[b][url]http://www.youtube.com/watch?v=L3sDPtPxqCQ
• Happy to see that the kids are calm and don’t look stressed given that the last tine they were at the Staples Centre was 7 months ago for their fathers ‘Memorial Service’. Blanket was the only one with stage fright.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
So given that Mr. Grace is nowhere to be found, was Grace “finally” able to leave Culver City because the new Sony deal got inked?
What gives with the Randy-Grace hostility?
Katherine began this leg of the journey as a vocal voice for Michael’s estate so why has she all but lost her voice? We know why Joe is silent.
Was Grace the one who called Children services, uploaded the Jaffar punching out Jermastery video on YouTube?
Why did Grace Rwaramba take MJ’s kids to the home of midnighmlk over Christmastime?
Why do we hear more about Grace news than the Katherine, Latoya, Janet????
Am I the other one disturbed when Grace calls MJ kids her babies???
Grace, Jermaine, Tohme Tohme all have connection to Power of Islam.
Midnightmk, Brett Ratner, DiLeo, Branca, McLain all have Sony connection.
Mighnightmlk, Grace, and MJ kids were together at Christmas.
Grace ‘finally’ got out of Culver City.
Katherine’s ability as custodian is questioned by Children’s Service, burlary, etc.
Mersault would only take MJ’s sexual molestation case on the proviso that MJ got rid of the Power of Islam.
MJ feared for his life.
MJ fired Grace, hired Kai Chase as cook and different nannies for the kids.
I think the Grace-Barak interview was a Red Herring.
But whose Red Herring? Michael’s or Grace?
Randy has vibes that Grace is evil and Latoya has already stated that she does not like Grace and Rebbie and Grace had a physical altercation.
Could it be that Grace was a possible reason for MJ’s disappearance???
Or, is Grace acting on behalf of MJ???
What do you think of the Grace trail???
I suspect that the TMZ-MJ connection probably started in Victory Studios in Glendale.
Don’t forget what Michael thought about Sony.
http://www.youtube.com/watch?v=bx4NwrMtgw8
Edied to add URLs :ugeek:
This is interesting WO, but what would Grace be after?
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Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j ... z0iIxFx7GY (http://www.tmz.com/2010/03/15/michael-jackson-record-deal-sony-entertainment-albums-music-estate/#ixzz0iIxFx7GY)
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence? [/color]
Ok I'm going to say something different from everyone else here. When I first read this news, I saw the numbers. 7years, 3 albums and 10 projects. Doesn't this sound like a date to you? Like 7.3.10 ? July 3rd 2010!!! I wonder if this is something about the come back day! Probably Michael decides to come back at the late hours of July 3rd and as we all know 4th of July comes next. What do you guys think about it? Can it be about the comeback date?
What a coincidence !!!
-
Edit
-
Help me out so that I can see where you're taking us with this information.
You have included a lot about Grace. What do you think is her vested interest or gain with SONY remaining on as MJs record label?
quite compelling to read... but why is this in the record deal section?
Sony.
Sony links to AEG, TII, and the rest of the petri dish that Michael referred to as music business sharks.
My free-associated list all had Sony connections so wondered if anyone's thoughts jived with anything on the list.
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Accordingto the Wall Street Journal article...
The deal retroactively covers the soundtrack album to "This Is It," plus a range of other releases, some of which have been mapped out, with others to be determined later.[/b]
So we have TII as release #1. What about the random mix albums that have been released since June 25th? I wonder how many of those count as retroactive releases?
What random mix albums? !! I guess I missed a fair bit over here in England!
Chris
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Michael's disgust for SONY was BECAUSE of MOTOLLA!
Motolla was FIRED in 2003!
We love you, Michael! And YES, we will be there! What a genius!
:mrgreen: :mrgreen: :mrgreen:
Yep, thats my line of thoughts also...6 years is enough time to change your opinion, plus there has been 2 CEOs for Sony Music after Motolla.
This is interesting...In 2004, one year after Mottola was fired, Sony Music Entertainment merged with Bertelsmann Music Group forming Sony BMG.
Sony BMG Music Entertainment began as the result of a 50–50 joint venture between Sony Music Entertainment (part of Sony) and Bertelsmann Music Group (part of Bertelsmann) completed on March 4, 2004. It is one of the Big Four music companies, and includes ownership and distribution of recording labels such as Arista Records, Columbia Records, Epic Records, J Records, Jive Records, RCA Victor Records, RCA Records, Legacy Recordings, Sonic Wave America, and others. The merger affected all Sony Music and Bertelsmann Music Group companies worldwide except for Japan, where it was felt that it would reduce competition in that country’s music industry significantly.
Bertelsmann Music Group, (BMG), was a division of Bertelsmann before its completion of sale of the majority of its assets to Sony Corporation of America on October 1, 2008....Less than a year after the completion, Bertelmann is ramping up its music rights/publishing venture BMG Rights Management in a deal with PE firm Kohlberg Kravis Roberts & Co (KKR). The venture, which holds of European back catalogs of more than 200 artists from Sony BMG days, will receive about €50 million ($69.4 million) in funding from KKR near-term, and would get about €200 million ($278 million) over the next five years to finance possible acquisitions, says Reuters. With this financing, KKR will own 51 percent and Bertelsmann 49 percent. This gives the German publishing giant a faster growth vehicle.
I have no idea what this means, but less than year after Bertelsmann completes their sales to Sony, (which formed Sony/BMG since 2004) they start dealing with KKR?
Some high profile catalogs may also come on the market soon, according to FT: among them, ABKCO Music & Records, which owns songs by the Rolling Stones, the Animals, and the Kinks, whose owner Allen Klein died last weekend, and then continued speculation about the future of Michael Jackson’s share of Sony ATV, which owns more than 250 Beatles songs, and the Mijac catalogue, which includes the singer’s own rights. So Sony doesnt have the rights to MJ's music...unless MJ is owner of sony... :lol:
Can someone explain this easier...I don't understand...and this article was written on July 7, 2009 (memorial day)....
http://paidcontent.org/article/419-bert ... -from-kkr/ (http://paidcontent.org/article/419-bertelsmann-back-in-music-biz-up-to-250-million-euro-funding-from-kkr/)
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Since Mjs "death" , I have seen on some forums, pop up ads showing MJ and Jackson 5 compilation and mix albums. I am not a fan of those types of albums so I didn't pay that much attention once I realized what it was. Maybe 2-3 of them. There was even one shown on the A&E site for theJackson 5. I never really paid attention to see which label distributed them either . Maybe SONY ...
Accordingto the Wall Street Journal article...
The deal retroactively covers the soundtrack album to "This Is It," plus a range of other releases, some of which have been mapped out, with others to be determined later.[/b]
So we have TII as release #1. What about the random mix albums that have been released since June 25th? I wonder how many of those count as retroactive releases?
What random mix albums? !! I guess I missed a fair bit over here in England!
Chris
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If Michael Jackson really is alive would he agree to such a deal with Sony or or was the falling out all fake?
I have mixed feelings about hearing this deal but from what I've seen in the news it seems like most of it will be back catalogue stuff - including the This Is It soundtrack - and one album of unreleased stuff.
http://news.bbc.co.uk/1/hi/entertainment/8569481.stm (http://news.bbc.co.uk/1/hi/entertainment/8569481.stm)
Really don't know what to make of it I'm confused. Guess we will have to wait until later today to hear what they have come up with.
I agree, I don't think Michael would approve a deal with Sony. The family has alluded to Sony being behind the molestation trial. He believed they wanted his share of the catalog. Does Branca and McClain have the sole right to make this deal as executors without Mrs. Jackson's approval? Does the children's attorney have the right to protest it? If Sony has the rights to all the music from the 1980's thru 2017, they seem they have the right to all of Michael's music except what was recorded with the Jackson 5.
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Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j ... z0iIxFx7GY (http://www.tmz.com/2010/03/15/michael-jackson-record-deal-sony-entertainment-albums-music-estate/#ixzz0iIxFx7GY)
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence? [/color]
Ok I'm going to say something different from everyone else here. When I first read this news, I saw the numbers. 7years, 3 albums and 10 projects. Doesn't this sound like a date to you? Like 7.3.10 ? July 3rd 2010!!! I wonder if this is something about the come back day! Probably Michael decides to come back at the late hours of July 3rd and as we all know 4th of July comes next. What do you guys think about it? Can it be about the comeback date?
What a coincidence !!!
that's really interesting. thanks! you could be right. sometimes things are meant to be over-analyzed. what if its as simple as sending out a date?
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Money.
Money...
Lie for it
Spy for it
Kill for it
Die for it
So you call it trust
But I say it's just
In the devil's game
Of greed and lust
They don't care
They'd do me for the money
They don't care
They use me for the money
So you go to church
Read the Holy word
In the scheme of life
It's all absurd
They don't care
They'd kill for the money
Do or dare
The thrill for the money
You're saluting the flag
Your country trusts you
Now you're wearing a badge
You're called the "Just Few"
And you're fighting the wars
A soldier must do
I'll never betray or deceive you my friend but...
If you show me the cash
Then I will take it
If you tell me to cry
Then I will fake it
If you give me a hand
Then I will shake it
You'll do anything for money...
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Insurance?
Where do your loyalties lie?
Is that your alibi?
I don't think so
You don't care
You'd do her for the money
Say it's fair
You sue her for the money
Want your pot of gold
Need the Midas touch
Bet you sell your soul
Cuz your God is such
You don't care
You kill for the money
Do or dareThe thrill for the money
Are you infected with the same disease
Of lust, gluttoney and greed?
Then watch the ones
With the biggest smiles
The idle jabbers...Cuz they're the backstabbers
If you know it's a lie
Then you will swear it
If you give it with guilt
Then you will bear it
If it's taking a chance
Then you will dare it
You'll do anything for money...
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
You say you wouldn't do it
For all the money in the world
I don't think soIf you show me the man
Then I will sell him
If you ask me to lie
Then I will tell him
If you're dealing with God
Then you will hell him
You'll do anything for money
Anything
Anything
Anything for money
Would lie for you
Would die for you
Even sell my soul to the devil
If Michael planned this all along, he just sold his soul to the devil.... maybe for peace :(
In the time line thread there was an article that said Michael was very angry in the early morning hours of June 25, he locked himself in his bedroom, playing loud music and reading his bible. The article stated he was aggitated and he was shouting. "I sold my soul to the devil." Supposedly after that Dr. Murray gave him sedatives to calm him down and try to get him to "sleep". This is all paraphrased I will try to find the thread.
I found the thread but unfortunately it has been deleted. It was an article by Halperin so it may not have been credible.
-
Sarahli wrote:
PureLove wrote:
~Souza~ wrote:
Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j (http://www.tmz.com/2010/03/15/michael-j) ... z0iIxFx7GY
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence?
Ok I'm going to say something different from everyone else here. When I first read this news, I saw the numbers. 7years, 3 albums and 10 projects. Doesn't this sound like a date to you? Like 7.3.10 ? July 3rd 2010!!! I wonder if this is something about the come back day! Probably Michael decides to come back at the late hours of July 3rd and as we all know 4th of July comes next. What do you guys think about it? Can it be about the comeback date?
What a coincidence !!!
that's really interesting. thanks! you could be right. sometimes things are meant to be over-analyzed. what if its as simple as sending out a date?
I like that !
I'm not so sure that Mike himself can be so certain about a specific date and even to ...announce it to us :o (I mean anything could happens in the meantime and make him change his plans) but I like your way of thinking.
This or we all have become completely paranoids ! :lol:
-
I was not going to post again but I am very disturbed. Here is a progression of my thoughts. What do you think?
1. Don’t forget how Michael felt about Sony
http://www.youtube.com/watch?v=bx4NwrMtgw8
2. Grace Rwaramba’s Twitter (ignore the blonde pic as it is merely a Red Herring misdirect)
http://twitter.com/heismypeterpan
• Scroll down for Grace’s tweets:
• March 3 –leaving Culver City (finally)
• March 4-see randyjackson8 nasty twitter responses to Randy’s nasty comment about ‘1 in the house with evil intent to divide the family and separate the kids for her own evil gain (paraphrase). It was a toss up evil was one was Alejandra or Nanny Grace
• But Grace’s March 4 defensive tweet clarified that she is the evil one referred in Randy’s tweet.
3. Sony Pictures is situated in Culver City
http://en.wikipedia.org/wiki/Sony_Pictures_Studios
4. TMZ original location was in Glendale, California.
http://en.wikipedia.org/wiki/TMZ.com
• Victory Studios in Glendale, California (pictured here in 2007), is where TMZ.com was launched. TMZ.com later relocated to Hollywood, Los Angeles, but remained in California. As of November 2009, TMZ.com currently is still located in Los Angeles.
• Forest Lawn Cemetery is also where ‘MJ’ is supposedly entombed in Holly Terrance which is no longer guarded heavily guarded.
• So what was that 32,000 pounds of cement delivered to Neverland used for anyway?
.
5. Victory Studios
[bhttp://]http://en.wikipedia.org/wiki/Extra_%28TV_series%29[/b]
• Background info-see Harvey Levin connection
6. Victory Studios Blue/Green Screen
http://www.thefreelibrary.com/Valley+post-production+companies-a0210519502
7. Grace Rwaramaba gets ‘fired’ by MJ and marries heretofore unknown Joseph Kisembo that nobody can authenticate or find pictures of the happy couple
[bhttp://]http://www.rightcelebrity.com/?p=6205/http://
• Link offers lots of Red Herring misdirects like drug abuse, first time Grace in 17 years that Grace talks to media despite being ‘fired’ by MJ. Other links can be found showing MJ and Grace like ‘a married couple.
8. Nanny Grace takes kids for Christmas
http://www.michaeljackson.com/fi/node/572288[[/url/[b]
9. Prince and Paris at the Grammy’s
[b][url]http://www.youtube.com/watch?v=L3sDPtPxqCQ
• Happy to see that the kids are calm and don’t look stressed given that the last tine they were at the Staples Centre was 7 months ago for their fathers ‘Memorial Service’. Blanket was the only one with stage fright.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
So given that Mr. Grace is nowhere to be found, was Grace “finally” able to leave Culver City because the new Sony deal got inked?
What gives with the Randy-Grace hostility?
Katherine began this leg of the journey as a vocal voice for Michael’s estate so why has she all but lost her voice? We know why Joe is silent.
Was Grace the one who called Children services, uploaded the Jaffar punching out Jermastery video on YouTube?
Why did Grace Rwaramba take MJ’s kids to the home of midnighmlk over Christmastime?
Why do we hear more about Grace news than the Katherine, Latoya, Janet????
Am I the other one disturbed when Grace calls MJ kids her babies???
Grace, Jermaine, Tohme Tohme all have connection to Power of Islam.
Midnightmk, Brett Ratner, DiLeo, Branca, McLain all have Sony connection.
Mighnightmlk, Grace, and MJ kids were together at Christmas.
Grace ‘finally’ got out of Culver City.
Katherine’s ability as custodian is questioned by Children’s Service, burlary, etc.
Mersault would only take MJ’s sexual molestation case on the proviso that MJ got rid of the Power of Islam.
MJ feared for his life.
MJ fired Grace, hired Kai Chase as cook and different nannies for the kids.
I think the Grace-Barak interview was a Red Herring.
But whose Red Herring? Michael’s or Grace?
Randy has vibes that Grace is evil and Latoya has already stated that she does not like Grace and Rebbie and Grace had a physical altercation.
Could it be that Grace was a possible reason for MJ’s disappearance???
Or, is Grace acting on behalf of MJ???
What do you think of the Grace trail???
I suspect that the TMZ-MJ connection probably started in Victory Studios in Glendale.
Don’t forget what Michael thought about Sony.
http://www.youtube.com/watch?v=bx4NwrMtgw8
Edied to add URLs :ugeek:
This is interesting WO, but what would Grace be after?
oh wow unemployed if this is true... :|
-
I think people need to remember that Michael was way past the whole Sony feud.
That was in 2002 remember? We're in 2010 now...
That was about Tommy Mottola and he got fired after that!
In fact Tommy Mottola's wife (Thalia or something? ) even said that a few years later Michael even came by their house after she asked him too and he and Mottola even talked.
Also most importantly he released Thriller 25 a little more then two years a go, and guess what? He released it through Sony so appariantly he was over the whole feud.
So maybe this could actually be turned into good news? If he comes back he definetly has a record deal so who knows what could happen ;)
-
Mr. Jackson acquired ATV for $47.5 million in 1985. Sony in 1995 paid $150 million to become a 50% partner in the venture. Mr. Jackson's half is now valued at at least $1 billion.
This is where I don't understand...Michael's share of the Beatles catalog is worth $1 billion and they say he's broke? And that is only the Beatles catalog. He might be short on cashflow but definitely not broke.
-
I'm trying to sort all this out. Here's what Roger Friedman has to say:
http://showbiz411.blogs.thr.com/2010/03 ... hing-else/ (http://showbiz411.blogs.thr.com/2010/03/15/michael-jackson-deal-225-million-dollars-just-for-records-nothing-else/)
Michael Jackson Deal: $225 Mil Just For Records, Nothing Else
The deal is only for records for the next seven years. It already includes the soundtrack to “This Is It.” Come November, the first scheduled release will be a collection of unreleased tracks perhaps including a duet with Paul Anka and one or two songs left off of “Thriller.”
Two more releases will be anniversary editions of “Bad” and “Off the Wall” which will include extra and remixed tracks a la the 25th anniversary edition of “Thriller.” McClain and hopefully Jackson’s longtime manager Frank DiLeo will be involved with those.
There are also enough tracks for at least one or two live albums from various Jackson tours.
The Sony deal does not include anything to do with Michael’s publishing, live shows still to be arranged, or merchandise. A show with Cirque du Soleil, as I’ve written before, will be announced shortly for Las Vegas.
-
I THINK MJ IS BEHIND THE CONTRACT SIGNING .. WHO KNOWS HE MIGHT HAD PATCHED UP WITH THEM N THAT CAN BE POSSIBLE....NOW AT PRESENT HE MAY BE AT GOOD TERMS WITH THEM.... MAY BE THAT COULD BE THE REASON OF SIGNING 7 YEARS CONTRACT VIT THEM....... JUST SEEING A POSSIBILITY NO OFFENSE. GOOD LUCK MJ. I THINK NEED RELIEF FROM UR MOUNTED DEBTS........... LU.
-
What if signing this deal is the only way for him to come back???
-
Sarahli wrote:
PureLove wrote:
~Souza~ wrote:
Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j (http://www.tmz.com/2010/03/15/michael-j) ... z0iIxFx7GY
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence?
Ok I'm going to say something different from everyone else here. When I first read this news, I saw the numbers. 7years, 3 albums and 10 projects. Doesn't this sound like a date to you? Like 7.3.10 ? July 3rd 2010!!! I wonder if this is something about the come back day! Probably Michael decides to come back at the late hours of July 3rd and as we all know 4th of July comes next. What do you guys think about it? Can it be about the comeback date?
What a coincidence !!!
that's really interesting. thanks! you could be right. sometimes things are meant to be over-analyzed. what if its as simple as sending out a date?
I like that !
I'm not so sure that Mike himself can be so certain about a specific date and even to ...announce it to us :o (I mean anything could happens in the meantime and make him change his plans) but I like your way of thinking.
This or we all have become completely paranoids ! :lol:
:lol: Yeah I'm getting obsessed with the numbers. I see numbers everywhere :lol:
-
Mr. Jackson acquired ATV for $47.5 million in 1985. Sony in 1995 paid $150 million to become a 50% partner in the venture. Mr. Jackson's half is now valued at at least $1 billion.
This is where I don't understand...Michael's share of the Beatles catalog is worth $1 billion and they say he's broke? And that is only the Beatles catalog. He might be short on cashflow but definitely not broke.
You're right. I don't understand too...why all people keep saying he was $500 in debt. Is it just another rumor that has become a truth ? Just wonderin... :?
-
What if signing this deal is the only way for him to come back???
I DONT GET U ..CAN U EXPLAIN :)
-
I think people need to remember that Michael was way past the whole Sony feud.
That was in 2002 remember? We're in 2010 now...
That was about Tommy Mottola and he got fired after that!
In fact Tommy Mottola's wife (Thalia or something? ) even said that a few years later Michael even came by their house after she asked him too and he and Mottola even talked.
Also most importantly he released Thriller 25 a little more then two years a go, and guess what? He released it through Sony so appariantly he was over the whole feud.
So maybe this could actually be turned into good news? If he comes back he definetly has a record deal so who knows what could happen ;)
Yes I heard that too Thalia talked about MJ going to their house and even to their wedding He was their best man or something like that.
-
Thinking out loud here...
3 albums in 7 years is quite normal. Leaves 7 projects, one every year...what returns every year?
i agree with you 100% percent on the 'they're gonna get their asses kicked'-part cuz i am convinced that there must be some reason for this huge deal. but i'm more disturbed about it cuz i can't really imagine yet how that's gonna go down. it's a big commitment over 7 years. the number thing here is again astonishing as well.
until now, i thought that any new mj-release would be with another label, since 'this is it' was the last thing he had to do for sony (as announced in 2001), so i thought: finally, no more sony!
this deal with sony would also mean that mj cannot release other material on another label, unless collaborations that other artist publish with theirs, and that might cause legal trouble. and that any material michael left otherwise (or what the estate is gonna be willing to give up) will now be used by sony. i don't like the idea, honestly, cuz we still gotta give sony our money. just won't feel right.
what returns every year: anniversaries! birthdays! holidays! :mrgreen:
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I'm trying to sort all this out. Here's what Roger Friedman has to say:
http://showbiz411.blogs.thr.com/2010/03 ... hing-else/ (http://showbiz411.blogs.thr.com/2010/03/15/michael-jackson-deal-225-million-dollars-just-for-records-nothing-else/)
Michael Jackson Deal: $225 Mil Just For Records, Nothing Else
The deal is only for records for the next seven years. It already includes the soundtrack to “This Is It.” Come November, the first scheduled release will be a collection of unreleased tracks perhaps including a duet with Paul Anka and one or two songs left off of “Thriller.”
Two more releases will be anniversary editions of “Bad” and “Off the Wall” which will include extra and remixed tracks a la the 25th anniversary edition of “Thriller.” McClain and hopefully Jackson’s longtime manager Frank DiLeo will be involved with those.
There are also enough tracks for at least one or two live albums from various Jackson tours.
The Sony deal does not include anything to do with Michael’s publishing, live shows still to be arranged, or merchandise. A show with Cirque du Soleil, as I’ve written before, will be announced shortly for Las Vegas.
live shows??
-
Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j ... z0iIxFx7GY (http://www.tmz.com/2010/03/15/michael-jackson-record-deal-sony-entertainment-albums-music-estate/#ixzz0iIxFx7GY)
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence? [/color]
They will reissue old records like Off The Wall (my favorite), Bad, Dangerous, History. Plus 3 new ones it will be 7 albums. Why I didn't count Thriller? Because it was recently released as Thriller 25.
Why seven years? Because they want to make money on Michael's music as long as people thrilled. 7 years the income will be really significant. after 7 years people will still buy his records by not so active, because most of them already have the albums, so sony expact to gain major profit and than maybe sale all rights to other company for record money.
-
live shows still to be arranged, or merchandise. A show with Cirque du Soleil, as I’ve written before, will be announced shortly for Las Vegas.
WTF ?! :o
-
Michael's disgust for SONY was BECAUSE of MOTOLLA!
Motolla was FIRED in 2006!
We love you, Michael! And YES, we will be there! What a genius!
:mrgreen: :mrgreen: :mrgreen:
Exactly.
I was listening (radio conversation) to the guys that worked for Sony, it seemed like they had good relationship with MJ. I think MJ left Sony because of Mottola.
Our eyes should be open very widely, I don't wanna be sitting here next year thinking and talking about the hoax.
Mj had Matolla & Branca investigated . The investigator was questioned by Tom M during the Trial ,it is in the transcription of the trial Mj suspected Matolla and Branca of Funneling Money {MJ;s Money} to off shore accounts . Hello,wake up people .Why would Mj hire back someone he suspected of stealing ? Fortunate for John Branca ,HUH The very people that MJ suspected of stealing from him ,are in control of everything he owns .Including the LA court system .The whole SYSTEM is corrupt .It's a circle of lies . I want to see Mj autograph Of Mj giving back Branca control of his estate .And witnesses .
-
Michael's disgust for SONY was BECAUSE of MOTOLLA!
Motolla was FIRED in 2006!
We love you, Michael! And YES, we will be there! What a genius!
:mrgreen: :mrgreen: :mrgreen:
Exactly.
I was listening (radio conversation) to the guys that worked for Sony, it seemed like they had good relationship with MJ. I think MJ left Sony because of Mottola.
Our eyes should be open very widely, I don't wanna be sitting here next year thinking and talking about the hoax.
Mj had Matolla & Branca investigated . The investigator was questioned by Tom M during the Trial ,it is in the transcription of the trial Mj suspected Matolla and Branca of Funneling Money {MJ;s Money} to off shore accounts . Hello,wake up people .Why would Mj hire back someone he suspected of stealing ? Fortunate for John Branca ,HUH The very people that MJ suspected of stealing from him ,are in control of everything he owns .Including the LA court system .The whole SYSTEM is corrupt .It's a circle of lies . I want to see Mj autograph Of Mj giving back Branca control of his estate .And witnesses .
Ditto Kelly. This is all B.S
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Cool. I didn't know that about contracts. :oops:
Contracts are NOT RETROACTIVE! That is all SPIN! Our dear Michael signed this contract in 2008!!!! That is why the two year extension takes it 2017 instead of 2019!
:mrgreen: :mrgreen: :mrgreen:
why are we excited about 2017? cause it has a 7 in it? i'm confused about this whole thing :oops:
I think they're excited because it coordinates with the year that Michael brought Frank Dileo back on board for a project? IDK - because it shows maybe he was planning something before 2009. I hope so, maybe so? The only way I'll be excited is if Michael did initiate this deal with Sony and not just the Estate.
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I d'ont think we should consider things that happened years ago. I mean, if Michael has a deal, he found Sony is the only one that could put money on the table...so, just let's go !
I mean, music business is only about money. And I don't think Michael was a victim in this "sharks pool". Ok he had problems with Sony, but I guess he wouldn't have missed such an opportunity. This is what business is about ; forget about what you think to only choose the most profitable way at the best time. If Sony was the one at this very moment, no surprise Michael had a deal with them.
I wouldn't be surprised he came back with Sony, or asked his estate to deal with Sony if they were the most interesting ones.
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everyone should see the u-tube video's on the L.A. Civil Rights Association they are going to be rallying for Justice for Michael .Joe Jackson and Brian Oxman are on there and the president of the LACRA had dinner with Joe Jackson last week .They want to take it to Supreme court ,the LA court system is corrupt . Judge Melville said MJ bail was higher because he is rich ,this is a violation of MJ's rights .LAPD ,FBI >LA DA office ,been violating MJ's rights for decades ! Why do you think he left ? why do you think he did not want to perform in the US ?Why should he let U.S. Biz profit off of his Fame in U.S Justice system really Failed Michael he says "I can't believe this is the land from which I came " it was the PEOPLE that found Mj Innocent not the court system they abused and violated him and his fame & money and they continue to do so today .How did someone that MJ accused of stealing from him get control of all of MJ assets including unreleased Music ? I do not believe his Family 'went along with it " They have no choice .Branca has total control .If she contests him she loses {Katherine } That is why Joe has to file suits . Mj future legacy and creative legacy belongs to his family and kids ,Dosen't it :?
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Michael Jackson Estate Inks Record, Record Deal
Posted Mar 15th 2010 10:49PM by TMZ Staff
TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.
The estate made the deal with Sony Music Entertainment. According to the Associated Press, the contract is for 10 projects over 7 years.
One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least 3 albums.
Read more: http://www.tmz.com/2010/03/15/michael-j ... z0iIxFx7GY (http://www.tmz.com/2010/03/15/michael-jackson-record-deal-sony-entertainment-albums-music-estate/#ixzz0iIxFx7GY)
That is pretty interesting.
First of all: 7 years? That's a weird period for a contract...
And MJ left enough for 3 albums, so how are they going to fill the other 7 albums?
Contract worth 250 million: 2+5 = another 7...
Coincidence? [/color]
Ok I'm going to say something different from everyone else here. When I first read this news, I saw the numbers. 7years, 3 albums and 10 projects. Doesn't this sound like a date to you? Like 7.3.10 ? July 3rd 2010!!! I wonder if this is something about the come back day! Probably Michael decides to come back at the late hours of July 3rd and as we all know 4th of July comes next. What do you guys think about it? Can it be about the comeback date?
What a coincidence !!!
that's really interesting. thanks! you could be right. sometimes things are meant to be over-analyzed. what if its as simple as sending out a date?
exactly. that's what i thought too when i read the article! plus the date it's posted, 3/16 = 3 (1 + 6 = 7)... triple sevens. and his triple 7 shirt. ;)
(don't bash us for guessing bam dates tho... L.O.V.E.)
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everyone should see the u-tube video's on the L.A. Civil Rights Association they are going to be rallying for Justice for Michael .Joe Jackson and Brian Oxman are on there and the president of the LACRA had dinner with Joe Jackson last week .They want to take it to Supreme court ,the LA court system is corrupt . Judge Melville said MJ bail was higher because he is rich ,this is a violation of MJ's rights .LAPD ,FBI >LA DA office ,been violating MJ's rights for decades ! Why do you think he left ? why do you think he did not want to perform in the US ?Why should he let U.S. Biz profit off of his Fame in U.S Justice system really Failed Michael he says "I can't believe this is the land from which I came " it was the PEOPLE that found Mj Innocent not the court system they abused and violated him and his fame & money and they continue to do so today .How did someone that MJ accused of stealing from him get control of all of MJ assets including unreleased Music ? I do not believe his Family 'went along with it " They have no choice .Branca has total control .If she contests him she loses {Katherine } That is why Joe has to file suits . Mj future legacy and creative legacy belongs to his family and kids ,Dosen't it :?
Could you post a link to the youtube video? Thanks.
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Here's more details:
http://www.mjfanclub.net/home/index.php ... &Itemid=82 (http://www.mjfanclub.net/home/index.php?option=com_content&view=article&id=3480:more-details-on-record-deal&catid=85:latest-news&Itemid=82)
Future projects may include a DVD compilation of videos and a re-release of "Off the Wall" (originally issued in 1979) next year that will contain a treasure trove of new, exclusive material.
"The stuff we have in the vaults around that record is fascinating and remarkable," Stringer said. "We're going to build a whole platform with a documentary. The outtakes are fantastic! We have a lot of great stuff from around every time period [in Jackson's career]. We're plowing through everything now to understand what we've got."
Jackson estate co-executor John McClain - a 40-year confidant of Jackson's who produced part of his 2001 album "Invincible" - is spearheading the selection of previously unreleased material for an album that could hit shelves later this year; possibly in November.
"John McClain tells me they've got over 60 unreleased recordings that they're choosing from," Branca said. "The first album will have around 10 [tracks]. There's some very recent stuff and vintage stuff that deserves to be shared with Michael's fans."
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
I love this idea. MJ is the estate himself. 8-) I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D
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everyone should see the u-tube video's on the L.A. Civil Rights Association they are going to be rallying for Justice for Michael .Joe Jackson and Brian Oxman are on there and the president of the LACRA had dinner with Joe Jackson last week .They want to take it to Supreme court ,the LA court system is corrupt . Judge Melville said MJ bail was higher because he is rich ,this is a violation of MJ's rights .LAPD ,FBI >LA DA office ,been violating MJ's rights for decades ! Why do you think he left ? why do you think he did not want to perform in the US ?Why should he let U.S. Biz profit off of his Fame in U.S Justice system really Failed Michael he says "I can't believe this is the land from which I came " it was the PEOPLE that found Mj Innocent not the court system they abused and violated him and his fame & money and they continue to do so today .How did someone that MJ accused of stealing from him get control of all of MJ assets including unreleased Music ? I do not believe his Family 'went along with it " They have no choice .Branca has total control .If she contests him she loses {Katherine } That is why Joe has to file suits . Mj future legacy and creative legacy belongs to his family and kids ,Dosen't it :?
I know where your coming from Kelly and I have read and followed all the stuff too. I wish I could share in the same optimism and joy everyone else does with this news. However I don't. This is not good.
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
I love this idea. MJ is the estate himself. 8-) I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D
Again, he broke another record. They are saying this is the biggest deal ever and there will be an "official" announcement tomorrow. HA! The man continues to kick %ss! 8-)
MJ, I used to just call you, Daddy! Now, I call you, Big Daddy ;) ;) ;)! You show the music industry how it is done ;), my baby! ;)
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everyone should see the u-tube video's on the L.A. Civil Rights Association they are going to be rallying for Justice for Michael .Joe Jackson and Brian Oxman are on there and the president of the LACRA had dinner with Joe Jackson last week .They want to take it to Supreme court ,the LA court system is corrupt . Judge Melville said MJ bail was higher because he is rich ,this is a violation of MJ's rights .LAPD ,FBI >LA DA office ,been violating MJ's rights for decades ! Why do you think he left ? why do you think he did not want to perform in the US ?Why should he let U.S. Biz profit off of his Fame in U.S Justice system really Failed Michael he says "I can't believe this is the land from which I came " it was the PEOPLE that found Mj Innocent not the court system they abused and violated him and his fame & money and they continue to do so today .How did someone that MJ accused of stealing from him get control of all of MJ assets including unreleased Music ? I do not believe his Family 'went along with it " They have no choice .Branca has total control .If she contests him she loses {Katherine } That is why Joe has to file suits . Mj future legacy and creative legacy belongs to his family and kids ,Dosen't it :?
Could you post a link to the youtube video? Thanks.
[youtube:w1yiz10c]http://www.youtube.com/watch?v=GbHWNnbdCBs&feature=related[/youtube:w1yiz10c]
[youtube:w1yiz10c]http://www.youtube.com/watch?v=X1blUwfPf3w&feature=related[/youtube:w1yiz10c]
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
I love this idea. MJ is the estate himself. 8-) I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D
He did? If that is true then it all makes much more sense. Hmmm...I can't wait to hear his new album.
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ABC News tonight with Diane Sawyer had Jim Henke (Curator, Rock & Roll Hall of Fame) on saying, "they could take these tracks and go back into the studio with a producer like Quincy Jones or someone who worked with Michael and have him polish it up so they could get it up to the standard that we're used to". Craig Marks, editor of Billboard magazine was also on and said, "I think that, as with most artists, death is not a terrible career move, for the estate and for the record company". It ended with the statement, "Over time, as the tabloid taint fades and with roughly 60 unreleased songs in the vault, fans of Michael Jackson can expect another productive period in a career that will outlive the man".
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Look people, I know we all want Michael to be alive, but don't you think it's too many serois mature people saying that Michael was murdered and Branca illegaly took over the estate? Everyone can't lie. One thing I can tel for sure. After all, even if MJ is alive, he will not comeback because so many people risk their reputation to get justice for Michael -the family, lawers, even some media.
The only reason for the hoax i see here is that Branca with some other people (like Tohme) took all the control over MJ's money and life, creating the estate that hired Dileo, trasfered all the accounts to the estate, signed contract for MJ without his permition. So the only way to take back the control was to die and get it to public view for safety. This is the only thing for hoax I can see, but this way Mj won't come back and he's in danger right now. And I bother about connection between Tohme and Jermaine.
I'm sure Michael wouldn't rehire someone who cheated him and stole his money (Branca) to rule the entire estate. This is just insane. Unless he was insane (on drugs). Then what we hear is true - he died from overdose which was intentionally injected by Murray to kill him before the concerts started.
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this is the funniest real life drama-saga thing i Have ever seen!
Now I want to see what songs the Lawyers select!
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
I love this idea. MJ is the estate himself. 8-) I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D
Wow! This is the first time I have heard about a letter he wrote shifting control of his money from the trust to his estate. This is powerful evidence! Do you have a link to the letter or article?
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everyone should see the u-tube video's on the L.A. Civil Rights Association they are going to be rallying for Justice for Michael .Joe Jackson and Brian Oxman are on there and the president of the LACRA had dinner with Joe Jackson last week .They want to take it to Supreme court ,the LA court system is corrupt . Judge Melville said MJ bail was higher because he is rich ,this is a violation of MJ's rights .LAPD ,FBI >LA DA office ,been violating MJ's rights for decades ! Why do you think he left ? why do you think he did not want to perform in the US ?Why should he let U.S. Biz profit off of his Fame in U.S Justice system really Failed Michael he says "I can't believe this is the land from which I came " it was the PEOPLE that found Mj Innocent not the court system they abused and violated him and his fame & money and they continue to do so today .How did someone that MJ accused of stealing from him get control of all of MJ assets including unreleased Music ? I do not believe his Family 'went along with it " They have no choice .Branca has total control .If she contests him she loses {Katherine } That is why Joe has to file suits . Mj future legacy and creative legacy belongs to his family and kids ,Dosen't it :?
Could you post a link to the youtube video? Thanks.
[youtube:3m2w4icv]http://www.youtube.com/watch?v=GbHWNnbdCBs&feature=related[/youtube:3m2w4icv]
[youtube:3m2w4icv]http://www.youtube.com/watch?v=X1blUwfPf3w&feature=related[/youtube:3m2w4icv]
Thanks much!
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by Venus » Wed Mar 17, 2010 1:49 am
Look people, I know we all want Michael to be alive, but don't you think it's too many serois mature people saying that Michael was murdered and Branca illegaly took over the estate? Everyone can't lie. One thing I can tel for sure. After all, even if MJ is alive, he will not comeback because so many people risk their reputation to get justice for Michael -the family, lawers, even some media.
The only reason for the hoax i see here is that Branca with some other people (like Tohme) took all the control over MJ's money and life, creating the estate that hired Dileo, trasfered all the accounts to the estate, signed contract for MJ without his permition. So the only way to take back the control was to die and get it to public view for safety. This is the only thing for hoax I can see, but this way Mj won't come back and he's in danger right now. And I bother about connection between Tohme and Jermaine.
I'm sure Michael wouldn't rehire someone who cheated him and stole his money (Branca) to rule the entire estate. This is just insane. Unless he was insane (on drugs). Then what we hear is true - he died from overdose which was intentionally injected by Murray to kill him before the concerts started.
I have to agree with Venus. Unless some questions are answered as about Michael Jackson
and his death or "death", I am not buying. I like the man, with or without his music and dance,
but I won't fall into this trap of thinking he alive for years and years and Sony and estate
wanting purchase power without telling the truth. :!: :!:
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Michael isn't in debt it's all bs and I don't think Michael hated Sony just Motolla and he has been terminated so why not get a deal with Sony if they had the highest bid then you take it remember in that vid against Sony "it was just good business" yes indeed Michael, even though this wasn't the main objective of the hoax I think Michael is really observing how people are acting towards the thought of him being dead people using him to gain money and all of a sudden people caring about him remember guys he runs the show.
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Early quote by Joe Jackson:
Refusing to share details of the autopsy results, Joseph however did hint that his son had troubles when he was still alive. "There's a lot to be told, though, I'll tell you that right now. The truth! The truth is still to be told," he stated.
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Look people, I know we all want Michael to be alive, but don't you think it's too many serois mature people saying that Michael was murdered and Branca illegaly took over the estate? Everyone can't lie. One thing I can tel for sure. After all, even if MJ is alive, he will not comeback because so many people risk their reputation to get justice for Michael -the family, lawers, even some media.
The only reason for the hoax i see here is that Branca with some other people (like Tohme) took all the control over MJ's money and life, creating the estate that hired Dileo, trasfered all the accounts to the estate, signed contract for MJ without his permition. So the only way to take back the control was to die and get it to public view for safety. This is the only thing for hoax I can see, but this way Mj won't come back and he's in danger right now. And I bother about connection between Tohme and Jermaine.
I'm sure Michael wouldn't rehire someone who cheated him and stole his money (Branca) to rule the entire estate. This is just insane. Unless he was insane (on drugs). Then what we hear is true - he died from overdose which was intentionally injected by Murray to kill him before the concerts started.
I wonder about that too
but Don't you think the family would fight harder to put this out there ?( the John branca thing I mean), I know Mrs. Jackson initially objected and Joe calls the frauds, but I dont feel theyre fighting for justice in that sense...
its fishy...
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Look people, I know we all want Michael to be alive, but don't you think it's too many serois mature people saying that Michael was murdered and Branca illegaly took over the estate? Everyone can't lie. One thing I can tel for sure. After all, even if MJ is alive, he will not comeback because so many people risk their reputation to get justice for Michael -the family, lawers, even some media.
The only reason for the hoax i see here is that Branca with some other people (like Tohme) took all the control over MJ's money and life, creating the estate that hired Dileo, trasfered all the accounts to the estate, signed contract for MJ without his permition. So the only way to take back the control was to die and get it to public view for safety. This is the only thing for hoax I can see, but this way Mj won't come back and he's in danger right now. And I bother about connection between Tohme and Jermaine.
I'm sure Michael wouldn't rehire someone who cheated him and stole his money (Branca) to rule the entire estate. This is just insane. Unless he was insane (on drugs). Then what we hear is true - he died from overdose which was intentionally injected by Murray to kill him before the concerts started.
I wonder about that too
but Don't you think the family would fight harder to put this out there ?( the John branca thing I mean), I know Mrs. Jackson initially objected and Joe calls the frauds, but I dont feel theyre fighting for justice in that sense...
its fishy...
To be honest, we don't know if they are indeed fighting for justice. There are things that they're doing that we'll never know about. Unless we're insiders, we just can't know.
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Look people, I know we all want Michael to be alive, but don't you think it's too many serois mature people saying that Michael was murdered and Branca illegaly took over the estate? Everyone can't lie. One thing I can tel for sure. After all, even if MJ is alive, he will not comeback because so many people risk their reputation to get justice for Michael -the family, lawers, even some media.
The only reason for the hoax i see here is that Branca with some other people (like Tohme) took all the control over MJ's money and life, creating the estate that hired Dileo, trasfered all the accounts to the estate, signed contract for MJ without his permition. So the only way to take back the control was to die and get it to public view for safety. This is the only thing for hoax I can see, but this way Mj won't come back and he's in danger right now. And I bother about connection between Tohme and Jermaine.
I'm sure Michael wouldn't rehire someone who cheated him and stole his money (Branca) to rule the entire estate. This is just insane. Unless he was insane (on drugs). Then what we hear is true - he died from overdose which was intentionally injected by Murray to kill him before the concerts started.
I wonder about that too
but Don't you think the family would fight harder to put this out there ?( the John branca thing I mean), I know Mrs. Jackson initially objected and Joe calls the frauds, but I dont feel theyre fighting for justice in that sense...
its fishy...
To be honest, we don't know if they are indeed fighting for justice. There are things that they're doing that we'll never know about. Unless we're insiders, we just can't know.
could be :?
but we havent heard of any law suits or media uproars....
but what I think is if Branca sold MJ for money, then he could be bought..JMO
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Edit
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this is the funniest real life drama-saga thing i Have ever seen!
Now I want to see what songs the Lawyers select!
I have to agree with you. This gets weirder all of the time. MJ makes the largest record deal in history from beyond the grave! (not really!) WOW! Keep the Faith! :lol: :lol: :lol:
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
I love this idea. MJ is the estate himself. 8-) I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D
Wow! This is the first time I have heard about a letter he wrote shifting control of his money from the trust to his estate. This is powerful evidence! Do you have a link to the letter or article?
@ Jill, I need to correct to my statement: :oops:
I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D[/quote]
I have remembered wrongly . Here is the article talking about how John Branca was re-hired as his lawyer eight days before MJ's supposed death:
I always thought it was strange that MJ re-hired Branca eight days before his supposed death. What did MJ know that I did not. I am sorry for this error on my part. All the info that I have collected over the last, couple of months has blurred together. Thank you for your patience all. God bless each one of you! :)
http://articles.latimes.com/2009/jul/01 ... son-legal1 (http://articles.latimes.com/2009/jul/01/local/me-jackson-legal1)
Michael Jackson's will surfaces
As a massive memorial is discussed, work begins on the star's complicated estate.
July 01, 2009|Harriet Ryan
The posthumous affairs of Michael Jackson boiled down to two things Tuesday: His memorial service will draw a huge crowd and the settling of his estate will be complicated.
Beyond that was a storm of rumor, supposition and educated guess interrupted by snatches of information more intriguing than complete.
An entertainment attorney who had worked for Jackson produced a 7-year-old will that named him and a music executive as executors. Lawyers for Jackson's mother, who had asked a court for control of his affairs a day before, said they were evaluating the validity of the document.
Meanwhile, reports about funeral arrangements swirled, with a source close to family discussions telling The Times that one potential plan involved a memorial at Staples Center followed by a procession to Jackson's Neverland Ranch, where a more intimate service for family, friends and the music industry would occur.
Law enforcement agencies strategized, school officials near the ranch mulled traffic congestion and broadcast outlets, anticipating one of the largest media events in years, began talking about how to share helicopters, satellite coordinates, video feeds and other resources. There was just one thing missing: official information.
"We don't know the details of what any movement would be," said California Highway Patrol Sgt. Mark Garrett. "We've heard rumors just like the media and the public."
An attorney for Jackson's parents, Katherine and Joe Jackson, declined to comment on the funeral planning and said the couple's legal team was focused on evaluating the July 2002 will.
"I just saw the will for the first time this morning. We are in the process of reviewing it. We did not see it prior to the filing. We wish we had known about it earlier," said attorney L. Londell McMillan.
The source, like many connected to the Jackson case, spoke The document was produced by John Branca, a lawyer who began representing Jackson in 1980. Branca and Jackson parted ways in 2006 in a disagreement over other advisors, but on June 17 -- eight days before his death -- Jackson signed a letter once again retaining Branca as his lawyer, according to a source familiar with the relationship
on the condition of anonymity, citing the sensitivity of the situation.
The 2002 will named Jackson's 79-year-old mother as guardian of his three children and ordered that all his assets be moved into an entity known as the Michael Jackson Family Trust, a source with knowledge of the will said. It appointed as executors Branca and John McClain, a founder of Interscope Records and an associate of Jackson since his youth, the source said.
McMillan declined to comment on a Wall Street Journal report that the will splits Jackson's assets among his mother, children and one or more charities. The lawyer said it was "a good thing" and "part of the process" for those who had worked with the performer to produce documents related to his estate."Mr. Jackson had a series of lawyers over time, and part of our challenge is to make contact with each and every one of those advisors to review their files," he said.In an appearance on "Larry King Live," a probate attorney said Branca "may not have the full picture" of Jackson's estate planning."Things were in transition often in Michael's life," said lawyer Burt Levitch.Katherine Jackson has temporary custody of Michael Jackson's two sons and his daughter and temporary control of his estate with limited powers, including the right to secure his tangible assets. In court filings requesting those powers Monday, her lawyers checked a box indicating that the singer died without a will, but they acknowledged elsewhere in the documents that they had heard of a will but not seen it."It was important for Mrs. Jackson to proactively take legal action and protect the well-being of the children and the personal property and belongings" of her son, McMillan said.He said he represented Jackson in the 3 1/2 years leading up to his death. McMillan said the entertainer never told him that he had rehired Branca but, he said, "It's possible."A statement issued Tuesday on behalf of Branca and Joel Katz, an Atlanta attorney who had been helping Jackson negotiate new record deals, said they "are now carrying out his wishes and desires as expressed in the last will and testament. It is their sincere desire that Michael's affairs be handled with dignity and respect."Branca, whose clients include Santana and Aerosmith, advised Jackson on what is acknowledged as Jackson's smartest business decision: Buying half of the Beatles' catalog in 1985 for $47.5 million. The catalog, supplemented over the years by the work of many other artists, is estimated to be worth at least $1 billion.
In a May interview with The Times, Branca said he stopped working with Jackson because the entertainer brought into his inner circle "people who really didn't have his best interests at heart.""The paradox is that Michael is one of the brightest and most talented people I've ever known," he added. "At the same time, he has made some of the worst choices in advisors in the history of music."
The other executor named in the will, McClain, worked with Michael Jackson, his sister Janet, and the Jackson 5 as well as with rappers Ice Cube and Dr. Dre. He is best known for his work at Interscope Records, where he was responsible for bringing the controversial yet lucrative gangsta rap label Death Row Records into its corporate fold.An executor role would give Branca and McClain power to manage Jackson's finances while the court is settling his affairs, a process that could take years. Jackson, 50, died with more than $400 million in debt, but his assets -- including his musical catalog and his partial ownership of the Sony-ATV catalog -- outweigh his debts by hundreds of millions of dollars."That is going to be a very important responsibility considering the size of the debts and the projected size of the estate. . . . There is also going to be a responsibility during that time to monetize the assets. The judge is going to want to make sure a responsible person is admitted," said Lawrence Heller, a veteran L.A. probate attorney who has handled estate planning for Sammy Davis Jr. and other You are not allowed to view links.
Register or Login staff writers Chris Lee, Andrew Blankstein, Ari B. Bloomekatz, Ruben Vives and Raja Abdulrahim contributed to this report.
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Just have to say I don't like how this all sounds. I'm not losing faith that Micheal is alive but I am losing hope that he will come back to us. And yes I am getting his many messages and not just focusing on his return. I would love to set my eyes on this wonderful man alive and well... and pray that he sticks it to those who haven't believed in him and I was looking forward to that BAM ......
but this stinks!!!!!!!!!!!!!!!!!!!!
However, Michael went great lengths and probably risked alot to let us know how evil Sony/Mottola was to him. Would he actually forget that and make a deal with that devil? over money? That is not a message Michael would want us to hear.
Okay, so I am still confused.
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@ Darkchild...thank you so much. That was very helpful. I wonder who this attorney in Atlanta is.
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There are two main keys in this case:
* the kids
* the money.
Where the kids are going, MJ is not far.
Where the money is going, truth is not far.
One day or the other, the answers will come out of hiding because the money advocats cannot hide. There is one remarkable thing about greedy people: they cannot hide their greed.
Who wants to cash in must show the money to the world. These people define their existence on money. Watch for those boasting on their $$$. Ask them how they got it.
Who fills the bank account of Doc Murray and pays his lawyers knows why Doc Murray did what he did. Same applies to the other bank accounts. Money rules the world. MJ was always target to fill other people's pockets.
Where is Tohme Tohme in this picture? Wanting to represent as president of MJJ productions vs. Julien Auctions (those with the UK furniture now), in Colony Capital owning half ot Neverland and in TRW Advertising who did e.g. the Bush campaign? Weller, one of the partners of TRW was said to have threatened Julien claiming "blodshed and lives at stake" in March 2009.
We have not seen much yet of what is really going on behind the curtains.
Watch out for the money flows.
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There are two main keys in this case:
* the kids
* the money.
Where the kids are going, MJ is not far.
Where the money is going, truth is not far.
One day or the other, the answers will come out of hiding because the money advocats cannot hide. There is one remarkable thing about greedy people: they cannot hide their greed.
Who wants to cash in must show the money to the world. These people define their existence on money. Watch for those boasting on their $$$. Ask them how they got it.
Who fills the bank account of Doc Murray and pays his lawyers knows why Doc Murray did what he did. Same applies to the other bank accounts. Money rules the world. MJ was always target to fill other people's pockets.
Where is Tohme Tohme in this picture? Wanting to represent as president of MJJ productions vs. Julien Auctions (those with the UK furniture now), in Colony Capital owning half ot Neverland and in TRW Advertising who did e.g. the Bush campaign? Weller, one of the partners of TRW was said to have threatened Julien claiming "blodshed and lives at stake" in March 2009.
We have not seen much yet of what is really going on behind the curtains.
Watch out for the money flows.
Scaaaaaaary! :shock:
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Michael isn't in debt it's all bs and I don't think Michael hated Sony just Motolla and he has been terminated so why not get a deal with Sony if they had the highest bid then you take it remember in that vid against Sony "it was just good business" yes indeed Michael, even though this wasn't the main objective of the hoax I think Michael is really observing how people are acting towards the thought of him being dead people using him to gain money and all of a sudden people caring about him remember guys he runs the show.
Yeah I agree. I think MJ had a personal issue with Sony when it was controlled by Tommy Mottolla. MJ couldn't stand Tommy Mottolla. Mottolla was out of Sony pretty much after MJ went off on him and exposed him for who he really was to the public. I think MJ actually owns a stake in Sony if I'm not mistaken. He said so himself in a video on youtube. I heard that he owns the right to songs by Eminem and other artists. This is something else. An artist that is supposedly passed away gets a new record deal worth 200 million. Wow. I also heard Wendy Williams the Queen of gossip making jokes that now all the Jackson will get a cut of MJ's money. How she figure that? I thought that was kinda tacky to say. She also talked about Omer Bhatti wanting MJ's kids to call him Michael and that there's all kind of mess in the house. It's like these stories are just so messed up and how the heck does she know what happens in that house. The media is a trip. I also saw this story on the globe tabloid paper today when I went to the grocery store checking out and they had MJ and his kids plastered on the front of the paper.
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There are two main keys in this case:
* the kids
* the money.
Where the kids are going, MJ is not far.
Where the money is going, truth is not far.
One day or the other, the answers will come out of hiding because the money advocats cannot hide. There is one remarkable thing about greedy people: they cannot hide their greed.
Who wants to cash in must show the money to the world. These people define their existence on money. Watch for those boasting on their $$$. Ask them how they got it.
Who fills the bank account of Doc Murray and pays his lawyers knows why Doc Murray did what he did. Same applies to the other bank accounts. Money rules the world. MJ was always target to fill other people's pockets.
Where is Tohme Tohme in this picture? Wanting to represent as president of MJJ productions vs. Julien Auctions (those with the UK furniture now), in Colony Capital owning half ot Neverland and in TRW Advertising who did e.g. the Bush campaign? Weller, one of the partners of TRW was said to have threatened Julien claiming "blodshed and lives at stake" in March 2009.
We have not seen much yet of what is really going on behind the curtains.
Watch out for the money flows.
I agree with you. The fact MJ rehired Branca June 17/18 2009 plays a big role,IMO. Branca was also the one who "produced" the will after his death. Since so much more security was being observed at Carolwood the days before he died,to me, there are only two possibilities; either MJ took over himself while experiencing serious threats, or MJ was being taken over by threatening people. But then, why did MICHAEL contacted Branca? About a come back or not; I cannot imagine MJ staying in hiding forever.To me, it is not his nature, he wants to be present in the world. But that is only my opinion.
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These are two analyses on the past business of MJ by CNN money / Fortune, giving some background to the recent deal.
1. http://money.cnn.com/2009/10/23/news/companies/michael_jackson_assets.fortune/index.htm
[Citing:
Behind Michael Jackson's mad money
Was the King of Pop smart, lucky, or a little off about how he conducted his finances? Turns out, he managed to be all at the same time.
By Richard Siklos, editor at large
Last Updated: October 23, 2009: 2:23 PM ET
NEW YORK (Fortune) -- We all know that Michael Jackson was one of the greatest entertainers who ever lived. But when it came to how he conducted his business and financial affairs, was he smart, lucky, or mad? As depicted in the Fight Over Michael's Millions, he managed to be all at the same time.
Repeatedly, people who worked with Jackson told me that although he had a shrewd sense of business, he had no appreciation of -- or concern about -- the value of money. He came into an unfathomable amount of it during the 1980s at the apex of his success, and he hit a double-home run when he parlayed $47.5 million into his half-interest in what is today Sony/ATV Publishing, which is now worth more than 10 times that.
It's interesting that despite leaving his famed Neverland Ranch nearly five years ago and vowing never to return, Jackson never bought another home. My impression is that is because he only believed in doing things on an ever grander scale and he was biding his time till he could come back bigger than ever.
This explains the apparent lunacy of Jackson, despite the crippling loans he carried, this year planning to buy a house in Las Vegas for close to $50 million and even having a $15 million advance for the house built into his contract with AEG, the promoter of his comeback concerts.
According to Jackson's recent manager Tohme Tohme, Jackson's largesse extended to people he cared for -- he says Jackson agreed to buy a $600,000 motor home for his mother Katherine and asked that a $400,000 bracelet that he liked be bought and sent to one of his celebrity pals -- both in the past couple of years when he was on the brink of financial ruin.
Yet, Jackson understood that he needed to make money to get out of hock. One of the many ironies in Jackson's tragedy is that he was poised to sell a warehouse full of his vast possessions at an auction in Los Angeles this past April. He called that off at the last minute and now, given the interest in Jackson since his death, his stuff is undoubtedly worth far more.
Plus, some pieces are now about to start earning his estate money as part of a touring exhibition of his memorabilia slated to begin in London next week. (Go here if you want to see the catalogue from the aborted auction.) Whether the Jackson provenance is a plus or minus for the real estate value of Neverland when it is eventually sold remains to be seen.
When it came to negotiating deals (which he often reneged on), Jackson could be sly. He understood that he had assets people coveted -- including proximity to himself -- and that he could find ways to moonwalk around financial disaster.
Sony/ATV was a calling card that separated him from being a mere musical megastar. By following Paul McCartney's advice and buying up music catalogues, Jackson bet wisely on a segment of the music business that has actually grown over the past few years, as music gets licensed for new uses, like ring tones and advertising and TV shows like "American Idol" and video games like Rock Band.
And whether he intended to or not, Jackson picked a business that did just fine -- if not better -- without him involved day to day. During the years Jackson was in the figurative wilderness, he was also an absentee partner at Sony/ATV. Until Sony secured more control over business decisions when it helped Jackson hold onto his stake in the company in 2006, it was apparently impossible to track down Jackson and get him to agree to things.
With a freer hand, Sony was more easily able to make more than $500 million of acquisitions and bring in Martin Bandier, a music industry veteran, to build and run the Sony/ATV in early 2007. Last year, the company made around $65 million in operating profit on revenue of close to $500 million, insiders claim, and the business won an internal award at Sony (SNE) for its rich margins.
Jackson cherished his association with the business and appreciated how Sony had helped him in his pinch, but he was also mistrustful of the Japanese conglomerate after falling out with his record label there a few years ago. It probably didn't help that the partners didn't hold a single board meeting between 2002 and 2007, and Jackson never bothered to meet Bandier in person.
When he agreed to the comeback shows in London, Jackson wanted it known that he was going back to work for the benefit of his three children -- he and his youngest son, Prince Michael II (also known as "Blanket") even showed up in matching black suits when he went to meet Phillip Anschutz, the tycoon whose company, AEG, was to stage the concerts.
Jackson explained that, more than the money, he wanted to show his kids what he had done in his heyday. But at the same time, his advisors say, he mused about a future when he would somehow buy back the other half of Sony/ATV and live off publishing riches in his big mansion in Las Vegas while making movies and doing other things.
It was an impossible dream.
Read the full story on Michael Jackson's assets. To top of page
First Published: October 23, 2009: 4:18 AM ET]
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2. http://money.cnn.com/2009/10/23/news/companies/michael_jackson_money_assets.fortune/index.htm?postversion=2009102310
[Citing:
The fight over Michael's millions
The King of Pop's posthumous success has produced a gusher of money. Now, where his estate is concerned, the Michael Jackson show is just getting started.
By Richard Siklos, editor at large
Last Updated: October 23, 2009: 2:25 PM ET
(Fortune Magazine) -- On a recent Friday afternoon, workers toiled away at Neverland Ranch as part of a curious restoration effort that accelerated after Michael Jackson's sudden death on June 25. The main grounds of the 2,700-acre property had been cleared of encroaching chaparral and were now close to the condition they had been in when Jackson last set foot here some five years ago.
The flower beds next to the Disneyland-replica train station were pristine, though the trains were in storage and the midway amusement rides and zoo animals that once populated the property were gone. The Tudor-style mansion, guesthouse, and separate movie theater/dance studio were in move-in condition. The theater even had fresh candy at its concession stand, though the building's only inhabitant was a wayward bat stranded in the restroom.
It was a bit sad and eerie, albeit, from an MTV Cribs kind of viewpoint, quite excellent.
Through all the hoopla following Jackson's death, no one has said publicly what will become of Neverland, which Los Angeles private equity firm Colony Capital took control of after the property nearly went into foreclosure last year.
The Jackson family's desire to have Michael's body interred here proved too complicated, as has the notion of turning it into a Graceland-like destination for fans. There is talk of moving some of the property's structures, which include a giraffe barn, to Las Vegas with an eye to establishing a Neverland attraction there and selling the ranch.
Under terms of an agreement struck with Jackson after Colony purchased the note on the property for $23.5 million, when Neverland is eventually sold, Colony will recoup its investment in the note plus accrued interest, its management and upkeep expenses, and around 12% of everything above that as a success fee. The rest will go to Jackson's estate.
While he declined to confirm the details of his arrangement with Jackson, Tom Barrack, the CEO of Colony, says the Neverland property ought to be worth $60 million to $70 million.
If so, that would be just one source of a sudden gusher of money into Jackson's estate, the bulk of which he left to his mother and three young children.
Two years ago Jackson was headed for insolvency, a consequence of having barely worked in nearly a decade, a period during which he fought child molestation charges and became better known for his eccentricities than for his musical skills. The deal with Colony, and Jackson's decision to stage a series of comeback concerts, were his way out from under debts that had grown from $90 million a decade ago to around $435 million today.
Though Jackson made some savvy investments early in his career, his loans piled up through an astonishing combination of careless financial decisions -- made with an oft-changing and colorful parade of business advisers -- a mountain of legal bills and distractions, and uncontrollable spending.
"When it came to money, he was almost a contradiction," says Randy Phillips, who runs the company that planned to stage Jackson's comeback. "He didn't care about money but liked to spend money and knew that he had to make money."
His demise might have been a tragic postscript to a faded career. Instead, the singer is having a posthumous comeback that promises to dwarf that of Elvis Presley (whose daughter Jackson was once married to). This year Jackson's estate stands to bring in close to $200 million from music sales, merchandising, and book deals; an exhibition of memorabilia; and especially a hastily made documentary based on his comeback concert rehearsals that hits theaters Oct. 28.
The film, "This Is It," is tracking to be a box office success -- with more tickets presold than the next "Twilight" installment -- and riches from DVD sales could follow. Jackson has sold some 5 million albums and 10 million downloads since his death in the U.S. alone, according to Soundscan, and plans are in the works for at least two albums of unreleased songs. (To put that in perspective, he had sold just under 300,000 records in the half-year before his death.)
In all, Jackson's estate would likely be worth $100 million or more if it were liquidated today, but properly managed, it ought to be worth multiples more in time.
The story of Michael's millions -- reconstructed here from private documents, court files, and dozens of interviews with people who worked with the singer -- is as off-the-wall as he was. Barrack recalls being charmed by the self-proclaimed King of Pop when he first met him last year but deeply skeptical about doing business with him.
"Everybody said two things about him," Barrack says. "Firstly, if Michael Jackson came back it would be the greatest thing in music history. And secondly, it would never happen." Improbably, both have come true.
A brief recounting of tragic and familiar facts: Jackson died suddenly in Los Angeles at age 50 amid final rehearsals for what was expected to be a 50-date gig at London's O2 arena. The cause was a combination of prescription drugs, including a surgical anesthetic, propofol, that Jackson was reportedly being given to treat insomnia. The death is being treated as a homicide, and an investigation continues.
As demand for the London shows demonstrated -- all 800,000 tickets sold out within five hours -- Jackson, despite his tabloid travails, was still a megastar. From child stardom with his brothers in the group the Jackson 5, the Gary, Ind., native skyrocketed as a solo act in the 1980s. His album "Thriller" has sold more than 70 million copies, and he is the biggest-selling recording artist of all time.
Between "Thriller," its very successful follow-up, "Bad," and a 120-date stadium tour and sponsorship deals, Jackson earned as much as $350 million, estimates his manager during that period, Frank DiLeo. Paul McCartney, with whom Jackson recorded the single "Say Say Say," turned him on to the idea of buying music publishing rights, reportedly saying, "This is the way to make big money."
Jackson began buying some publishing catalogues with his earnings, including those of Sly and the Family Stone. But McCartney ended up miffed when, in 1985, Jackson -- with the help of his then-lawyer, John Branca -- paid $47.5 million for ATV Music Publishing, a catalogue that included more than 250 Beatles songs. (It was around this time that Jackson also bought Neverland, for $17 million in cash, after visiting McCartney, who happened to be renting it during a video shoot for "Say Say Say.")
Separately, Jackson set up a company called MiJac to hold the publishing rights for what would eventually be eight studio albums of his own music, plus the other catalogues he owned pre-ATV.
In the 1990s, Jackson's ambitions grew ever larger, but his meteor started to sputter. He faced accusations of child molestation and settled a civil suit for $15 million. He burned through piles of money on movies and other ventures that didn't pan out. In 1995 he merged ATV with a publishing business owned by his recording label, Sony (SNE), in a deal that valued ATV at far more than what Jackson had paid -- $115 million plus half the combined company.
Jackson wanted to transcend being a music performer by making films and theme park attractions and videogames. His short video, "Captain EO," directed by Francis Ford Coppola, was shown in 3-D at Disney theme parks. But the only feature movie project he ever completed, called "Moonwalker," failed to find a U.S. distributor when it was released.
By the late 1990s, according to court filings, Jackson had borrowed $90 million from NationsBank, collateralized by his half-interest in what was now called Sony/ ATV. Myung-Ho Lee, a Korean businessman who for a time was Jackson's business manager, claimed in a lawsuit that he lined up "desperately needed financing" from Bank of America (BAC, Fortune 500) (which had merged with NationsBank) to refinance that loan and borrow more -- increasing Jackson's debts to $220 million.
Some of that new money was pumped into dotcom ventures, including Tickets.com, a gaming company, and a fuel-cell business. In court papers Lee also claimed he was not paid for his services and accused Jackson of "bizarre and extravagant" behavior. (Jackson claimed in response that it was Lee who had defrauded him.) "Michael Jackson was -- and is -- a ticking financial time bomb waiting to explode at any moment," Lee said in his complaint.
The case was settled not long after Jackson's last studio album, "Invincible," was released, in 2001. Compared with his past chart busters, "Invincible" had lackluster sales, and Jackson was unhappy.
Bob Daly, who ran Warner Music (WMG) for years and later the Warner Bros. studio, knew Jackson through his wife, the songwriter Carol Bayer Sager, to whom Jackson had dedicated the album. One day Jackson asked Daly, as a favor, to investigate whether Sony had cheated him in the making of the album. Daly reviewed the album's financing and found nothing untoward.
"When I told him that, he sort of disappeared on me," recalls Daly. "Some people don't like hearing what they don't want to hear." Soon after, Jackson had a blowup with Sony during which he was photographed carrying a placard portraying Sony Music's then chief as a devil-like figure.
Before long Jackson and Sony Music parted ways -- a situation that layered tension and mistrust onto his continuing partnership in Sony/ATV, which was operated as a separate entity from the music business.
At this point Jackson had a staff (or "organization," as he liked to say) numbering some 50 people on his payroll. Upkeep at Neverland was costing upwards of $4 million a year, and Jackson was also underwriting the staff and upkeep costs of the Encino, Calif., compound where his mother and other family members lived.
Jackson sought help from a colorful roster of managers and advisers that included a guy who Jackson didn't realize was a gay porn producer, a Florida lawyer who once represented mobster Meyer Lansky, a prominent member of the Nation of Islam, and Michael's own brother Randy.
Finances took a back seat as Jackson spent two years fighting new child molestation charges filed against him in 2003. During his successful defense, according to court papers, Jackson received $2 million from Sheikh Abdulla, the 33-year-old son of the ruler of Bahrain, to help foot his legal bills.
The sheikh, who had ambitions to be in the music business, had taken a shine to Jackson after being introduced by Michael's brother Jermaine. He says in court papers that he took care of the utility bills at Neverland for a time and helped Michael arrange his first mortgage on the property. The sheikh would describe his new friend as "a person who is very switched on, a fantastic businessman and fantastic intellectual."
Several weeks before he was acquitted, Jackson attended the funeral of lawyer Johnny Cochrane. There Jackson confessed his financial straits to Ron Burkle, the Yucaipa Cos. financier, whom Jackson had befriended.
Jackson asked Burkle if he would have an accountant look at Jackson's troubled finances. Burkle agreed, eventually telling the singer that his spending was untenable and he either needed to cut back dramatically or go back to work.
But Jackson told him, as he did others, that under no circumstances did he want to go back to performing. At the very least, Burkle insisted that Jackson begin signing all his own checks so that he could see how much he was paying for things.
Most of Neverland's staff was laid off, and Jackson -- who said he felt violated after police raided his home -- vowed never to return there. Soon after his acquittal, Jackson was living in Bahrain with his children as a guest of the sheikh.
Amid all the negative publicity swirling around Jackson, Bank of America quietly sold the loans it held on Jackson's interest in Sony/ATV, MiJac, and Neverland at a steep discount to Fortress Investments (FIG), a big hedge fund that specialized in distressed assets.
Because of covenant breaches and penalties, the loans now carried stiff terms, with an interest rate in the mid-teens, say two people who were involved in Jackson's finances.
Jackson's income consisted of small dividends from Sony/ATV, $10 million or so from MiJac, plus roughly $10 million from music royalties and other sources -- but that was not enough to stay ahead of his mounting interest payments and his legal and living expenses.
"He always was asset rich and cash-flow poor," one of these people says. "The best way to think about it is a middle-income family that spends too much on their credit card and doesn't care about the fees."
In late 2005, Jackson received a fax from Robert Wiesenthal, the chief financial officer of Sony's U.S. business. Wiesenthal understood that Jackson was days from defaulting on his Fortress publishing loan and offered to meet to discuss ways to help.
Besides aiding a partner, Sony was concerned that Jackson's half of Sony/ATV could end up in bankruptcy court -- or in the hands of an outsider like Burkle or Fortress. (Burkle declined to be interviewed, and Fortress did not respond to an interview request.)
Howard Stringer, Sony Corp.'s chairman, dispatched Wiesenthal to Dubai. In a gilded hotel suite, Wiesenthal met with Jackson and several of the sheikh's advisers and explained that Sony had lined up bankers from Citi who were willing to refinance Jackson's ATV debt on much better terms. And Sony agreed to a dividend policy from the publishing company that would help cover interest payments on the ATV loan.
In exchange, Sony received a freer hand to make investment decisions without Jackson's approval; a right of refusal on his stake; and an option to buy half of Jackson's half for around $250 million. To everyone else's surprise, Fortress exercised a right it held to match any financing terms and held onto its Jackson loans, though only for a short term.
Problems solved? Of course not. In Bahrain, Abdulla had given Jackson use of a Rolls-Royce and a Maybach and bought him jewelry and watches and a gold statue. But after a few months their relationship became another tale of mutual hurt.
Jackson left Bahrain, and Abdulla sued him for reneging on an agreement to start a label and record songs together -- including a Hurricane Katrina relief song they'd spent weeks preparing. Jackson claimed that he either did not know what he was signing or was misled. The case went to trial in London but was settled just before Jackson was to testify.
Jackson moved mostly around Europe with his children, at one point in 2006 living in Ireland and contemplating settling there. According to Raymone Bain, Jackson's spokeswoman and general manager at the time, although Jackson was focusing on raising his children, he was also determined to revive his career.
Jackson told Bain, a crisis specialist who had been spokeswoman for incarcerated D.C. mayor Marion Barry, that two constant subjects of media inquiry were off-limits: his children and his finances. "My finances are my business," he said. "Let them think I'm broke."
Jackson invited Bob Sillerman, the Wall Street entrepreneur who had acquired Elvis Presley Enterprises, to visit him in Ireland to talk about ways to turn Neverland into a fan destination. And although he had been hands-off at Sony/ATV, he was excited about acquisitions the company was making, even calling the legendary songwriter Mike Stoller before the company acquired the catalogue owned by him and Jerry Lieber, which, to Jackson's delight, included the Elvis hits "Hound Dog" and "Jailhouse Rock." "He wanted to really assure Jerry and me that we would be in the best of hands," recalls Stoller.
The Fortress loans were coming due yet again at the end of December 2007. Barclays refinanced the $300 million loan against Sony/ATV from Fortress. HSBC (HBC) lent $30 million against MiJac. Plainfield Asset Management, a hedge fund, loaned another $40 million against MiJac at a 16% interest rate on terms that allowed Jackson to defer payments while the amount due grew.
The financing was supposed to enable Jackson to settle 13 outstanding lawsuits and still have roughly $11 million on hand for creative ventures. The other loans against Sony/ATV and MiJac were both structured so that Jackson was unable to access any of the money -- dividends and profits went directly toward debt payments. And additional money was raised to have "interest reserves" that would make interest payments when Jackson couldn't. Frank DiLeo, Jackson's manager during his heyday, still can't believe the star let it all pile up. "I want to wake him up and slap him," he says.
Jackson was still, according to two people who advised him, running a deficit of $10 million to $15 million a year beyond a similar amount that he would bring in from royalties and new ventures like a special 25th anniversary "Thriller" album released last year.
Not counting financing charges, last year Jackson's personal expenses were around $8 million, says an adviser who reviewed his books -- counting everything from rent and Neverland upkeep to security, child care, and tutoring Jackson was receiving for moviemaking.
Fortress had held onto the mortgage on Neverland, and in early 2008 -- to the surprise of Bain and some of Jackson's other former advisers -- reports emerged that Neverland was going to be sold in a foreclosure auction, only to be "saved" for Jackson by Colony Capital.
By then Bain was out of the picture after Jackson had changed his phone numbers, which he did frequently. This time he didn't give her the new ones. Several months before he died, Bain filed a $44 million lawsuit against Jackson for, you guessed it, unpaid services.
"This is the saddest story in history," says Tohme Tohme, the man who succeeded Bain. "I had no purpose except to help him, to bring Michael Jackson back and make him the King of Pop. One consolation for me: I did it. He died the King."
In the days following Jackson's death, Tohme was portrayed in media reports as a mysterious if not sinister figure -- a portrait he feels besmirched him. A longtime Los Angeleno of Lebanese heritage and habitué of the Bel Air Hotel, Tohme comes from outside the entertainment business but declines to say what businesses he is in.
"If you are writing about Linda Lovelace, you don't need to know about John Holmes," he laughs, making an unexpected reference to 1970s porn stars.
Say what you will, Tohme was able to get Jackson working again. Tohme says that he has known the Jackson family for years, and that Jermaine asked Tohme to help his brother out in early 2008 when Neverland faced foreclosure.
Tohme had done some work with Colony Capital, which has done $39 billion worth of transactions since 1991 and owns 9% of French retailer Carrefour. Tohme persuaded Colony's Barrack to meet with Michael in Las Vegas at the rented stucco compound where the King of Pop and his kids were living. Colony owns the Vegas Hilton, and Barrack had played a role in resuscitating the career of Barry Manilow via a five-year run of shows there.
Barrack also has a ranch near Neverland, and he expressed interest in both Neverland and some kind of permanent Vegas show based on Jackson's music. He in turn spoke to Phil Anschutz, the owner of AEG (it stands for Anschutz Entertainment Group), which led to a meeting between Anschutz and Jackson at the MGM Grand late last year. Jackson was "very laser focused," says AEG Live's Phillips, who also attended. "He wanted to meet the guy who owned the company."
AEG and Tohme subsequently hashed out Jackson's deal for what eventually became 50 shows. Among its terms: Jackson would get 90% of all profits, and AEG would advance some $15 million toward the purchase of a palatial house that had been built by Prince Jefri of Brunei in Las Vegas, which had been listed for more than $100 million and which Jackson envisioned as his new Neverland.
But first AEG had to pay $5 million to Sheikh Abdulla to finally settle his dispute with Jackson (a figure that hasn't previously been disclosed). Tohme worked on other deals on Jackson's behalf, including one for a "Thriller"-based show on Broadway, TV specials, a film, and even a casino.
But several weeks before his death, there was fresh unrest in Jackson's world. Tohme was on the outs after Jackson was upset by the way he managed an auction of truckloads of his eclectic personal possessions this past April.
Jackson was apparently horrified to see the catalogue on the Internet, and the auction ended up being stopped after Jackson sued. (Tohme denies ever receiving a letter from Jackson dismissing him and says he hasn't been paid for the work he did for the singer.)
Around that time, Jackson brought back his old manager DiLeo, who in turn helped bring back John Branca, who had been Jackson's lawyer for the better part of three decades and helped him buy ATV, but with whom the singer had a sometimes strained relationship. Branca, who declined to be interviewed, has said that he last stopped working for Jackson in 2006 because he didn't like the people Jackson was surrounding himself with.
Some in the Jackson orbit, including his father, Joe (with whom Michael had long-standing and very public differences), have contended that Michael was manipulated by people without his son's best interests in mind and hint at nefarious forces behind his demise.
Both the rented $100,000-a-month Bel Air mansion where Jackson fell ill and a doctor who lived with him -- who was to be paid $150,000 a month -- were being funded by AEG. Phillips, the president of AEG Live, says he objected to having the doctor, but Michael Jackson insisted, saying that his body was their venture's most important asset.
"It's easy to make us look like the corporate villains who took advantage of Michael Jackson," Phillips told me one day in his office near Los Angeles' Staples Center, which AEG owns and where Jackson held those final rehearsals. "It's quite the opposite -- we were the people who empowered Michael Jackson and gave him his dream back."
AEG, despite having invested close to $30 million in Jackson's unrealized dream, will make money on its involvement with the estate, thanks largely to the rehearsal footage that was shot and the swiftness with which AEG and Jackson's executors formulated a plan to salvage a calamitous situation.
Sony paid what one company insider called an unprecedented $60 million to Jackson and AEG for the rights to release "This Is It" -- a price justified in part by the fact that the film deal precluded, for now, a televised tribute concert recreating Jackson's fateful stage show, which AEG has explored.
The movie is slated for a limited, two-week run. But where his estate is concerned, the Michael Jackson show is only just underway.
New creditor claims are being filed on a weekly basis, and yet to be resolved is whether Jackson's family can get along with the executors who were named in Jackson's 2002 will: Branca and music industry veteran John McClain.
Katherine Jackson's attorneys have accused the executors of conflicts of interest (their precise objections are sealed from public view) while criticizing aspects of the deals they struck with Sony and AEG.
The probate judge, Mitchell Beckloff, recently took the unusual step of granting Katherine the ability to challenge the executors without jeopardizing her inheritance, and both sides' lawyers have been trying to work out a compromise that would avoid a trial.
Estate lawyers know that high-profile celebrity cases can drag on for years, the most extreme example being Marilyn Monroe's probate, which lasted more than three decades.
Jackson's cultural resurgence will certainly continue to brighten the estate's financial situation, but more challenges are on the horizon. Next year, insiders say, the estate's groaning debts will need to be refinanced yet again.
Down the road, MiJac may be merged into Sony/ATV, which has thrived over the past couple of years. Or the estate may eventually decide that it wants to sell Jackson's musical jewels to the highest bidder to finally settle all the singer's debts and lawsuits. One day, in Las Vegas or elsewhere, fans may visit a new Neverland.
Creatively, Jackson's legacy in the pantheon of musical superstars is already secure. But when it comes to the big financial questions, it's a good bet that Jackson's executors will not be asking themselves, "What would Michael do?"
Reporter associates Marilyn Adamo and Kim Thai To top of page
First Published: October 23, 2009: 4:26 AM ET
Jackson Inc.
The King of Pop, by the numbers
700 million Total albums sold to date
16 million Albums/songs sold since his death
200 million Estimated box office for "This Is It"
1 billion People worldwide estimated to have watched Jackson's memorial
435,000,000 Debts
]
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
I love this idea. MJ is the estate himself. 8-) I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D
He could even write new material and have it released through the Estate whilst being totally hidden and anonymous. Nobody would know that it is not old material
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
I love this idea. MJ is the estate himself. 8-) I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D
He could even write new material and have it released through the Estate whilst being totally hidden and anonymous. Nobody would know that it is not old material
yeah I realize that :D
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Maybe this is a good thing? I'm not really too sure. How do we know that he wasn't the one that pushed for this deal to happen. To all of us the estate could just mean the estate where as it's really MJ himself, but to the public it has to say estate, and maybe even to sony it's just the estate. He could just keep releasing music for years and stay in hiding for years. You never know
8-) I think I like that
I love this idea. MJ is the estate himself. 8-) I also wondered why on June 17th or June 18th, 2009, that he wrote a letter shifting the control of his money from the Jackson Family Trust to the Estate. Maybe this is the possible answer to this question. I hope that I have stated this correctly. God bless you all! :D
He could even write new material and have it released through the Estate whilst being totally hidden and anonymous. Nobody would know that it is not old material
yeah I realize that :D
:? dang but how will the lawyers explain me & michael's future babies & marriage? okay I kept his used profilactics :lol: :lol: and we were secretly married June 23 :lol: :lol:
8-)
JUST KIDDING!! :lol: :lol: ;)
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Is it just me, or does it strike you odd that Sony would put out that much money for a record deal on a dead person? :lol: He's got to be alive. Otherwise, it makes no sense to me. Even if there are songs that have never been released before, usually, doesn't a singer go on tour to promote the new material? I know, MJ would sell no matter what, but still.
And how do we know there are old songs that have never been released? We hear it from the media. What if, there are no old songs that haven't been released, but in reality, *NEW* songs that he is coming up with right now, after his publicized death. Just a thought ...
And wasn't the computer that supposedly stored these old songs confiscated? Wasn't it thought that LaToya got it at first, but then she denied it.
Well, I believe he's alive, as I know a lot of you all do, otherwise, why are we on this board, no? :)
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I THINK MJ IS BEHIND THE CONTRACT SIGNING .. WHO KNOWS HE MIGHT HAD PATCHED UP WITH THEM N THAT CAN BE POSSIBLE....NOW AT PRESENT HE MAY BE AT GOOD TERMS WITH THEM.... MAY BE THAT COULD BE THE REASON OF SIGNING 7 YEARS CONTRACT VIT THEM....... JUST SEEING A POSSIBILITY NO OFFENSE. GOOD LUCK MJ. I THINK NEED RELIEF FROM UR MOUNTED DEBTS. THERE IS ONE MORE THING TO ADD UP...........IF MJ IS ALIVE THE CONTRACT MUST HAVE BEEN SIGNED BY MJ OR ELSE IF HE IS REALLY DEAD THEN SOMETHING TERRIBLE N SINISTER IS HAPPENING . IF MJ IS REALLY DEAD THEN , HE WAS BRUTALLY MURDERED FOR HIS MUSIC STUFF TO ACQUIRE HIS ESTATE BY CREATING FAKE WILL.... OR IS HE DOING ALL THIS TO EXPOSE SOMEONE WHO TRIED TO BRING HIM DOWN........
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I THINK MJ IS BEHIND THE CONTRACT SIGNING .. WHO KNOWS HE MIGHT HAD PATCHED UP WITH THEM N THAT CAN BE POSSIBLE....NOW AT PRESENT HE MAY BE AT GOOD TERMS WITH THEM.... MAY BE THAT COULD BE THE REASON OF SIGNING 7 YEARS CONTRACT VIT THEM....... JUST SEEING A POSSIBILITY NO OFFENSE. GOOD LUCK MJ. I THINK NEED RELIEF FROM UR MOUNTED DEBTS. THERE IS ONE MORE THING TO ADD UP...........IF MJ IS ALIVE THE CONTRACT MUST HAVE BEEN SIGNED BY MJ OR ELSE IF HE IS REALLY DEAD THEN SOMETHING TERRIBLE N SINISTER IS HAPPENING . IF MJ IS REALLY DEAD THEN , HE WAS BRUTALLY MURDERED FOR HIS MUSIC STUFF TO ACQUIRE HIS ESTATE BY CREATING FAKE WILL.... OR IS HE DOING ALL THIS TO EXPOSE SOMEONE WHO TRIED TO BRING HIM DOWN........
Hello friends miss you!
I'll be honest, I have not read the 8 pages, but the last comment Deepu Pryanka, spoke little but all I think.
For me Michael is very much alive, and this is a great test.
Last night on a news program here in Rio de Janeiro, they reported this major contract, soon after on another channel the journalist reported this:
Family of Jackson signs the largest contract in history!
I thought: How so? Children can not sign anything, the family does not have any commitment to anything, who did it?
Lawyers, ok, but with orders? He had left it in the will? From what was reported the document was nothing authorizing the Sony and lawyers to create a contract of this magnitude.
Friends, this only confirms my theory.
Michael was behind everything, he sees everything, he knows everything, and manipulating, calling the shots in everything and everyone.
My fear is, that if he comes back, things can turn against him if there's one thing we can do is play with human feelings, you'll forgive me but this joke has gone too far.
I do not like, do not agree, I prefer the all clear, as it depends on me, no cd be bought, that he pay his debts, the clear so we can see,
This is the right attitude and just as it should be.
None of us deserve to pass and pay for it.
Again excuse the frankness. :(
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I THINK MJ IS BEHIND THE CONTRACT SIGNING .. WHO KNOWS HE MIGHT HAD PATCHED UP WITH THEM N THAT CAN BE POSSIBLE....NOW AT PRESENT HE MAY BE AT GOOD TERMS WITH THEM.... MAY BE THAT COULD BE THE REASON OF SIGNING 7 YEARS CONTRACT VIT THEM....... JUST SEEING A POSSIBILITY NO OFFENSE. GOOD LUCK MJ. I THINK NEED RELIEF FROM UR MOUNTED DEBTS. THERE IS ONE MORE THING TO ADD UP...........IF MJ IS ALIVE THE CONTRACT MUST HAVE BEEN SIGNED BY MJ OR ELSE IF HE IS REALLY DEAD THEN SOMETHING TERRIBLE N SINISTER IS HAPPENING . IF MJ IS REALLY DEAD THEN , HE WAS BRUTALLY MURDERED FOR HIS MUSIC STUFF TO ACQUIRE HIS ESTATE BY CREATING FAKE WILL.... OR IS HE DOING ALL THIS TO EXPOSE SOMEONE WHO TRIED TO BRING HIM DOWN........
Hello friends miss you!
I'll be honest, I have not read the 8 pages, but the last comment Deepu Pryanka, spoke little but all I think.
For me Michael is very much alive, and this is a great test.
Last night on a news program here in Rio de Janeiro, they reported this major contract, soon after on another channel the journalist reported this:
Family of Jackson signs the largest contract in history!
I thought: How so? Children can not sign anything, the family does not have any commitment to anything, who did it?
Lawyers, ok, but with orders? He had left it in the will? From what was reported the document was nothing authorizing the Sony and lawyers to create a contract of this magnitude.
Friends, this only confirms my theory.
Michael was behind everything, he sees everything, he knows everything, and manipulating, calling the shots in everything and everyone.
My fear is, that if he comes back, things can turn against him if there's one thing we can do is play with human feelings, you'll forgive me but this joke has gone too far.
I do not like, do not agree, I prefer the all clear, as it depends on me, no cd be bought, that he pay his debts, the clear so we can see,
This is the right attitude and just as it should be.
None of us deserve to pass and pay for it.
Again excuse the frankness. :(
OK I LIKE UR FRANKNESS
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I THINK MJ IS BEHIND THE CONTRACT SIGNING .. WHO KNOWS HE MIGHT HAD PATCHED UP WITH THEM N THAT CAN BE POSSIBLE....NOW AT PRESENT HE MAY BE AT GOOD TERMS WITH THEM.... MAY BE THAT COULD BE THE REASON OF SIGNING 7 YEARS CONTRACT VIT THEM....... JUST SEEING A POSSIBILITY NO OFFENSE. GOOD LUCK MJ. I THINK NEED RELIEF FROM UR MOUNTED DEBTS. THERE IS ONE MORE THING TO ADD UP...........IF MJ IS ALIVE THE CONTRACT MUST HAVE BEEN SIGNED BY MJ OR ELSE IF HE IS REALLY DEAD THEN SOMETHING TERRIBLE N SINISTER IS HAPPENING . IF MJ IS REALLY DEAD THEN , HE WAS BRUTALLY MURDERED FOR HIS MUSIC STUFF TO ACQUIRE HIS ESTATE BY CREATING FAKE WILL.... OR IS HE DOING ALL THIS TO EXPOSE SOMEONE WHO TRIED TO BRING HIM DOWN........
Hello friends miss you!
I'll be honest, I have not read the 8 pages, but the last comment Deepu Pryanka, spoke little but all I think.
For me Michael is very much alive, and this is a great test.
Last night on a news program here in Rio de Janeiro, they reported this major contract, soon after on another channel the journalist reported this:
Family of Jackson signs the largest contract in history!
I thought: How so? Children can not sign anything, the family does not have any commitment to anything, who did it?
Lawyers, ok, but with orders? He had left it in the will? From what was reported the document was nothing authorizing the Sony and lawyers to create a contract of this magnitude.
Friends, this only confirms my theory.
Michael was behind everything, he sees everything, he knows everything, and manipulating, calling the shots in everything and everyone.
My fear is, that if he comes back, things can turn against him if there's one thing we can do is play with human feelings, you'll forgive me but this joke has gone too far.
I do not like, do not agree, I prefer the all clear, as it depends on me, no cd be bought, that he pay his debts, the clear so we can see,
This is the right attitude and just as it should be.
None of us deserve to pass and pay for it.
Again excuse the frankness. :(
I was talking to my aunt about this (she is MJ age) last week about MJ could still be alive... at first she was like no... then she thought about it, and was like you know what? Michael Jackson would do something like fake his death with his wild imagination LOL she laughed about it... I expect anything from Mr. Entertainment lol
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I THINK MJ WILL BE THE RICHEST MAN AGAIN....... N WILL REGAIN HIS GLORY. :)
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I THINK MJ IS BEHIND THE CONTRACT SIGNING .. WHO KNOWS HE MIGHT HAD PATCHED UP WITH THEM N THAT CAN BE POSSIBLE....NOW AT PRESENT HE MAY BE AT GOOD TERMS WITH THEM.... MAY BE THAT COULD BE THE REASON OF SIGNING 7 YEARS CONTRACT VIT THEM....... JUST SEEING A POSSIBILITY NO OFFENSE. GOOD LUCK MJ. I THINK NEED RELIEF FROM UR MOUNTED DEBTS. THERE IS ONE MORE THING TO ADD UP...........IF MJ IS ALIVE THE CONTRACT MUST HAVE BEEN SIGNED BY MJ OR ELSE IF HE IS REALLY DEAD THEN SOMETHING TERRIBLE N SINISTER IS HAPPENING . IF MJ IS REALLY DEAD THEN , HE WAS BRUTALLY MURDERED FOR HIS MUSIC STUFF TO ACQUIRE HIS ESTATE BY CREATING FAKE WILL.... OR IS HE DOING ALL THIS TO EXPOSE SOMEONE WHO TRIED TO BRING HIM DOWN........
Hello friends miss you!
I'll be honest, I have not read the 8 pages, but the last comment Deepu Pryanka, spoke little but all I think.
For me Michael is very much alive, and this is a great test.
Last night on a news program here in Rio de Janeiro, they reported this major contract, soon after on another channel the journalist reported this:
Family of Jackson signs the largest contract in history!
I thought: How so? Children can not sign anything, the family does not have any commitment to anything, who did it?
Lawyers, ok, but with orders? He had left it in the will? From what was reported the document was nothing authorizing the Sony and lawyers to create a contract of this magnitude.
Friends, this only confirms my theory.
Michael was behind everything, he sees everything, he knows everything, and manipulating, calling the shots in everything and everyone.
My fear is, that if he comes back, things can turn against him if there's one thing we can do is play with human feelings, you'll forgive me but this joke has gone too far.
I do not like, do not agree, I prefer the all clear, as it depends on me, no cd be bought, that he pay his debts, the clear so we can see,
This is the right attitude and just as it should be.
None of us deserve to pass and pay for it.
Again excuse the frankness. :(
BE CAREFUL CAUSE FRANK PEOPLE HERE GET BASHED UP FOR EVERYTHING....
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This is getting good. Iam so excited to hear "new" old music from Michael
On here however it says the first batch is expected by November. So do you think Michael may not come back this year now because of this?
http://www.reuters.com/article/idUSN162 ... arketsNews (http://www.reuters.com/article/idUSN1624975020100316?type=marketsNews)
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I THINK MJ IS BEHIND THE CONTRACT SIGNING .. WHO KNOWS HE MIGHT HAD PATCHED UP WITH THEM N THAT CAN BE POSSIBLE....NOW AT PRESENT HE MAY BE AT GOOD TERMS WITH THEM.... MAY BE THAT COULD BE THE REASON OF SIGNING 7 YEARS CONTRACT VIT THEM....... JUST SEEING A POSSIBILITY NO OFFENSE. GOOD LUCK MJ. I THINK NEED RELIEF FROM UR MOUNTED DEBTS. THERE IS ONE MORE THING TO ADD UP...........IF MJ IS ALIVE THE CONTRACT MUST HAVE BEEN SIGNED BY MJ OR ELSE IF HE IS REALLY DEAD THEN SOMETHING TERRIBLE N SINISTER IS HAPPENING . IF MJ IS REALLY DEAD THEN , HE WAS BRUTALLY MURDERED FOR HIS MUSIC STUFF TO ACQUIRE HIS ESTATE BY CREATING FAKE WILL.... OR IS HE DOING ALL THIS TO EXPOSE SOMEONE WHO TRIED TO BRING HIM DOWN........
Hello friends miss you!
I'll be honest, I have not read the 8 pages, but the last comment Deepu Pryanka, spoke little but all I think.
For me Michael is very much alive, and this is a great test.
Last night on a news program here in Rio de Janeiro, they reported this major contract, soon after on another channel the journalist reported this:
Family of Jackson signs the largest contract in history!
I thought: How so? Children can not sign anything, the family does not have any commitment to anything, who did it?
Lawyers, ok, but with orders? He had left it in the will? From what was reported the document was nothing authorizing the Sony and lawyers to create a contract of this magnitude.
Friends, this only confirms my theory.
Michael was behind everything, he sees everything, he knows everything, and manipulating, calling the shots in everything and everyone.
My fear is, that if he comes back, things can turn against him if there's one thing we can do is play with human feelings, you'll forgive me but this joke has gone too far.
I do not like, do not agree, I prefer the all clear, as it depends on me, no cd be bought, that he pay his debts, the clear so we can see,
This is the right attitude and just as it should be.
None of us deserve to pass and pay for it.
Again excuse the frankness. :(
YES I THINK THE WAY U EXACTLY THINK..... MJ IS BEHIND ALL THIS.. KEEP WATCHING WITH THE MONEY HE GETS AFTER RELEASING HIS ALBUMS,,, HE WILL PAY ALL HIS DEBTS N MOVE WITH HIS CHILDREN TO A SECRET LOCATION WHICH WILL BE UNKNOWN TO THE WORLD..... AND GIRL PEOPLE WILL KEEP BELIEVING HE IS DEAD.... MAY BE THIS COULD BE HIS PLAN....OR HE MAY SHOW UP NEXT YEAR SUDDENLY... NOT THIS YEAR BECAUSE HIS MUSIC IS BEING RELEASED THIS YEAR..... N IF HE COMES BACK NO ONE WILL HIS STUFF.... BUT MJ PLEASE COME BACK .... ILU.
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So do you think Michael may not come back this year now because of this?
Ehm...new deal is untill 2017...
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@ Darkchild...thank you so much. That was very helpful. I wonder who this attorney in Atlanta is.
You are so welcome, Jill. I hope that the article was helpful to you. I never heard of that lawyer before. God bless you, Jill. Thank you for being here with us on this great adventure! :)
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LET US KEEP THE DEAL THING ASIDE.... WHAT I THINK IS MJ WONT BE SHOWING UP TILL HIS DEBTS ARE PAID OUT.... IF MJ IS ALIVE ,THE MAIN PURPOSE OF HOAXING HIS DEATH COULD BE DUE TO MOUNTED DEBTS.... TO BE FRANK MOST OF THE PEOPLE WERE LEAST INTERESTED IN HIM N HIS MUSIC , EXCEPT FANS LIKE US.... OUR POOR MICHAEL WAS COMPLETELY FADED N WAS CRITICIZED N RIDICULED BY EVERYBODY EXCEPT SOME... N WAS SURROUNDED BY FROM ALLSIDES... AFTER HIS SUDDEN DEATH ,PEOPLES INTEREST IN HIM WAS AWAKENED N REVIVED TOTALLY N EVERYONE STARED BUYING HIS STUFF N STARTED LOVING HIM AGAIN. KEEP WATCHING HIS ALBUMS, WILL BE SOLD LIKE HOT CAKES .... I FEEL HAPPY FOR MJ.LU.
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MJ doesn't own a large chunk of Sony. He's 50/50 of the publishing divison and of that 50% he owned he refinanced a large loan with Sony using the catalogue as collateral. With this deal came the conditional option giving Sony the right to purchase 25% of his remainding 50%. There was news as far back as 2006 regarding Sony refinancing his loans with Fortess. He merged his ATV calatolgue with the publishing division. That is only part of Sony, not half the company.
It was in Sony's best interest that they refinanced for him. They didn't do it for Michael. They did it for themselves. If he had gone into bankruptcy or default or whatever, his share of the catalogue would of been up for grabs and there would not be any shortage of buyers. Sony want the rest of the catalogue and keeping it with Michael would give them more a chance.
Again, this new contract is a win-win situation for Sony.
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http://www.probatelawyerblog.com/2010/0 (http://www.probatelawyerblog.com/2010/0) ... .html#more
Michael Jackson Estate's record deal raises questions
The Probate Lawyer Blog featured this article about the Michael Jackson Estate several weeks ago, posing the question of whether it is ethical for estate executors to seek a 10% fee for certain business deals they reach for such a high-profile estate. It's especially problematic when you factor in that one of the executors was Michael Jackson's attorney.
Well, this attorney, John Branca, and his co-executor, John McClain (a music executive), just hit the mother-load. It was widely reported yesterday that they brokered a deal worth up to $250 million dollars (that's right -- one quarter of a billion dollars!). What was the deal for? Sony announced a seven-year distribution agreement for unreleased music recorded by the late King of Pop (as well as related video footage).
Yes that means that Branca and McClain earned $12.5 million each for one deal.
Why do we question this? For several reasons, actually. First, it's the job of executors to bring in as much money as possible for an estate that has earning potential like this estate has. They shouldn't need a 10% incentive to do the job they're required by law to do.
Second, Branca, reportedly, is the attorney who prepared the will and trust that named him as the co-executor and co-trustee. Because of these documents that he created, he just made $12.5 million -- in addition to the other fees he's already earned (and will continue to earn).
Would it be ethical for an attorney to create a will for a client to sign that leaves $12.5 million to that attorney as a direct beneficiary? In most cases, no, it wouldn't. So why is this attorney allowed to earn that much as an executor fee?
Finally, there's the issue which we discuss in our book, "Trial & Heirs: Famous Fortune Fights!", that Michael Jackson's Trust wasn't funded properly. If it had been, then his estate would have been kept out of court and handled in private. It's also entirely possible that his trust document (which hasn't been released to the public) may have specified what compensation the trustees would have received.
IF that's the case (just speculating here), then Branca and McClain wouldn't necessarily have been able to receive this percentage fee. But, because Jackson's Trust wasn't properly funded, thereby requiring it to pass through the probate court process, it opened the door to allow this type of fee to be approved by the judge (again, if the trust document addressed their compensation, which isn't unusual). And the judge did approve the executors' 10% fee in this case.
A properly-used estate plan would have bypassed court entirely. Jackson's estate plan didn't do that. The attorney who prepared that estate plan now just earned tens of millions of dollars because of that estate plan.
And it's all legal. But is it ethical?
Some feel it is. After all, Branca is a respected entertainment lawyer and McClain is an experienced music executive. They have the expertise to broker deals like this. And clearly, judging by the amount of money they've brought into the estate, they're good at what they do. And Michael Jackson's heirs are benefiting from their expertise.
If it's standard to compensate entertainment industry experts with this type of fee, why shouldn't Branca and McClain earn what may be considered fair compensation in that line of business?
There is some merit to this position. After all, Michael's mother, Katherine Jackson, spent months battling McClain and Branca in court over this estate (until she hired a new attorney, at which time she changed her position). Yet she didn't object to their 10% fee. If a primary beneficiary of Michael's estate didn't object to this generous fee, why should anyone else?
What do you think?
Posted by: Andrew W. Mayoras & Danielle B. Mayoras, co-authors of Trial & Heirs: Famous Fortune Fights! and co-founders of The Center for Probate Litigation and The Center for Elder Law in metro-Detroit, Michigan, which concentrate in probate litigation, estate planning, and elder law. Andrew & Danielle are husband and wife attorneys, professional speakers and consultants across the country.[/b]
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ARTICLE DATED JULY 2009
Los Angeles
2009 July 3 /PRNewswire/ -- Mina Sirkin, an expert Trust and Estates attorney in Los Angeles says, "I have seen a lot of wills in my career, but the copy of Michael Jackson's will filed with the court leaves me with way too many questions as a trust and estates lawyer!"
While some believe everything they see filed in the courts as true, sometimes, you just have to ask questions about those documents.
In Michael Jackson's case, the copy of Michael's signature on the will (copy) doesn't look like the copy of Michael's signature on the birth certificate of his son Michael Joseph Jackson, Jr., also known as Prince Michael Jackson. Some people may say, it's just the size of the signature because it is in a small box, but look closer ...
See the Will and signature of Michael Jackson on the copy of the will filed with the court here:
Michael Jackson Will Copy (http://lawmarketingsystems.typepad.com/ (http://lawmarketingsystems.typepad.com/) ... py2002.pdf)
See Birth Certificate Picture here: Copy of Birth Certificate of Michael Joseph Jackson, Jr. (http://lawmarketingsystems.typepad.com/ (http://lawmarketingsystems.typepad.com/) ... icates.pdf)
I'm not a document examiner, but I'm sure if the original actually turns up, that there will be dozens of forensic document examiners looking at the original signatures on all documents Michael may have signed around 2002.
Now, looking at all the other flaws, I noticed that the press version of the copy of the will redacted all the names and addresses of the witnesses, but my pre-press copy has the names of all the witnesses.
Two of the three witnesses are John McLain and Barry Siegel. Barry Siegel, a CPA who ran the Provident Financial Management, appears to have declined to act as a co-executor. But the letter attached to the petition which looks like a declination is not current. It is dated in 2003. This is unusual in that in most cases where a nominated executor declines to serve as executor, he or she will usually sign a declination after the death of the testator. This might infer some incident which caused Siegel to refuse the duty of executor between July, 2002 and August, 2003.
Need I say that even the copy of the signature of Barry Siegel on the alleged declination letter dated 2003 doesn't look like the copy of the Barry Siegel signature on the witness area dated 2002! Why on earth would the declination referred to in the August 26, 2003 letter not be an actual attachment to the petition? Who would think of that one?
The addresses of John McClain, and Barry Siegel are both redacted. The signature of the third witness is not legible. In California, witnesses are needed to authenticate a typed will. My guess is that Mr. McLain and Mr. Siegel, in the words of Desi Arnaz, "will have some esplaining to do... !"
"When they say, why, why, tell em' that it's human nature..." -- Michael Jackson
Mina Sirkin is a Family Trust Lawyer in Los Angeles, California. She was the expert on the Anna Nicole Smith case for CBS/KCAL9, Britney Spears Conservatorship and is currently the expert to CNN and Inside Edition (CBS). http://SirkinLaw.com (http://SirkinLaw.com). 818-340-4479. Press and Media Contact only: You are not allowed to view links.
Register or Login or Karen Reyes for interview scheduling: 818-340-4479 and 818-438-7170.
SOURCE Sirkin & Sirkin
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“In October 2001, Jackson released Invincible. This was his first full-length album in six years, and it turned out to be the last album of new material he released while still alive. The release of the album was preceded by a dispute between Jackson and his record label, Sony Music Entertainment. Jackson had expected the licenses to the masters of his albums to revert to him sometime in the early 2000s. Once he had the licenses, he would be able to promote the material however he pleased and he would also be able to keep all the profits. However, due to various clauses in the contract, the revert date turned out to be many years away. Jackson discovered that the attorney who represented him in the deal was also representing Sony.Jackson was also concerned about another conflict of interest. For a number of years, Sony had been pushing to buy all of Jackson's share in their music catalog venture. Jackson feared that Sony might have something to gain from Jackson's career failing, since if his career did fail he would have to sell his share of the catalog.
These conflicts were utilized by the entertainer to leverage an early exit to his contract. Just before the release of Invincible, Jackson informed the head of Sony Music Entertainment, Tommy Mottola, that he was leaving Sony. As a result, all singles releases, video shootings and promotions concerning the Invincible album were canceled. In spite of the uproar preceding its release,”
BELOW IS REGARDING COURT TRANSCRIPT INFO IN 2005 TRAIL
Branca was an attorney in Los Angeles doing music work for Michael.
Branca was a partner at the Ziffren law firm in LA. That firm also represented Sony.
Sony paid money into the offshore account for Branca with the intent for Branca to sell out Michael.
Bear in mind that in this time period, Michael was in conference talks with Sony concerning both of their interests in the catalog.
Michael cleaned house so to speak, firing Branca and other associates. He also had Branca and a few other investigated.
Snippet below is from the 2005 court transcripts:-
Here is one question put to LeGrand by Mr Mesereau during the 2005 trial
Q: Was it your belief when you started this investigation that Al Malnik, Tommy Motolla, John Branca and people at Sony were trying to find a way to get Mr Jacksons interest in that Music Catalog.
A: I'm not sure that I would include Al Malnic in that group, but certainly was concerned that Branca and Motolla in particular, had set the stage so to speak, for Sony to be able to obtain Michaels interest in the Sony/ATV joint venture.
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I THINK MJ IS BEHIND THE CONTRACT SIGNING .. WHO KNOWS HE MIGHT HAD PATCHED UP WITH THEM N THAT CAN BE POSSIBLE....NOW AT PRESENT HE MAY BE AT GOOD TERMS WITH THEM.... MAY BE THAT COULD BE THE REASON OF SIGNING 7 YEARS CONTRACT VIT THEM....... JUST SEEING A POSSIBILITY NO OFFENSE. GOOD LUCK MJ. I THINK NEED RELIEF FROM UR MOUNTED DEBTS. THERE IS ONE MORE THING TO ADD UP...........IF MJ IS ALIVE THE CONTRACT MUST HAVE BEEN SIGNED BY MJ OR ELSE IF HE IS REALLY DEAD THEN SOMETHING TERRIBLE N SINISTER IS HAPPENING . IF MJ IS REALLY DEAD THEN , HE WAS BRUTALLY MURDERED FOR HIS MUSIC STUFF TO ACQUIRE HIS ESTATE BY CREATING FAKE WILL.... OR IS HE DOING ALL THIS TO EXPOSE SOMEONE WHO TRIED TO BRING HIM DOWN........
yes i feel the same who knows anything can happen in show biz . enemies can turn into friends n it is vice versa ... :)
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Branca and McClain were grossly negligent in their
statements to the court. They have concealed material
information from the court. They have conducted themselves
in a fraudulent deceptive manner where their veracity can
no longer be trusted.
Furthermore Michael Jackson terminated John Branca in writing
as his attorney on February 3 2003 (Exhibit B) He instructed Branca
to resign from all positions in his personal and business life. However,
unknown to Michael Jackson, Branca failed to follow his instructions
regarding any purported will.
Nevertheless, Branca remains obligated to comply with those
instructions and resign as Executor.
On February 3, 2003 Michael Jackson instructed Branca to turn
over to his new attorneys all records, files and papers dealing
with the personal and Business life. While Branca turned over
his other files Branca secretly refused to turn over the purported
July 7. 2002 Will and March 2002 Trust.
In violation of his fiduciary duties, Branca concealed the purported
will and concealed his refusal to resign. Branca's secret concealment
of the purported Will and failure to resign continued for six (6) years
despite Michael Jackson numerous demands Branca turn over all
documents and resign from all positions.
It wasn't until July 1, 2009, that Branca produced the previously
concealed Will which he had intentionally concealed for six (6) years.
The courts should not permit this unethical violation.
Michael Jackson Terminated Branca because of Embezzlement.
In 2003, Michael Jackson launched an investigation into Branca
embezzlement activities regarding Michael Jacksons money.
The investigators, the firm of INTERFOR in New York, reported
in February , March with a final report on April 15, 2003 there
was an improper relationship between Sony Executive Tommy
Mottola and John Branca whereby Branca and Motolla were
illegally funneling Michael Jackson's money to off shore accounts
in the Caribbean. (Exhibit C)
INTERFOR REPORT: The Interfor Report caused Michael
Jackson great anger and Michael Jackson demanded Branca
never have anything to do with him his business his family
or his personal life again.
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Sorry...meant to add that these are not my own words....it is from a blog I came across...my own words are these:
JOHN BRANCA IS THE PERSON TO WATCH!
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I agree 100% x 10...lol. Branca creeps me out more than DiLeo or Tohme. Thugs aren't just found standing on dimly lit streets or lurking in dark alleys. They can hide behind custom-made suits, college degrees and sit in fancy corporate offices.
MJ fired Branca February 3, 2003 and the Bashir documentary aired in the UK that same day. It was aired February 6th in the US and a school official filed a complaint on behalf of Gavin Arvazio after watching the show. Janet Arvazio was interviewed by Dept of Child & Family Services on February 20th as a result. February was a very high voltage month as this stuff started to unravel.
The timing stinks and makes me think that Branca was moving the "take MJ down" plans to the next level. What many people fail to realize is that when someone is motivated by greed or revenge they don't care about their history/past relationship with someone. It may even be because of their personal knowledge of their target that they are better equipped to aim below the belt and aim hard. Sure ..at one time ..Branca and MJ were friends. That was before MJ discovered that Branca was screwing him over. To paraphrase a line from The Godfather...It's not personal...it's business.
Does anyone else find it weird that there were just a few people managing MJs affairs. C'mon no one is a jacks of all trades. Why did MJ have one or possibly two people managing such a vast business empire? That in itself leaves too much power and control in the hands of just a few people. If more people were involved and delegated to handle certain aspects of business then there would have been more checks and balances across the board.
Sorry...meant to add that these are not my own words....it is from a blog I came across...my own words are these:
JOHN BRANCA IS THE PERSON TO WATCH!
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I agree 100% x 10...lol. Branca creeps me out more than DiLeo or Tohme. Thugs aren't just found standing on dimly lit streets or lurking in dark alleys. They can hide behind custom-made suits, college degrees and sit in fancy corporate offices.
MJ fired Branca February 3, 2003 and the Bashir documentary aired in the UK that same day. It was aired February 6th in the US and a school official filed a complaint on behalf of Gavin Arvazio after watching the show. Janet Arvazio was interviewed by Dept of Child & Family Services on February 20th as a result. February was a very high voltage month as this stuff started to unravel.
The timing stinks and makes me think that Branca was moving the "take MJ down" plans to the next level. What many people fail to realize is that when someone is motivated by greed or revenge they don't care about their history/past relationship with someone. It may even be because of their personal knowledge of their target that they are better equipped to aim below the belt and aim hard. Sure ..at one time ..Branca and MJ were friends. That was before MJ discovered that Branca was screwing him over. To paraphrase a line from The Godfather...It's not personal...it's business.
Does anyone else find it weird that there were just a few people managing MJs affairs. C'mon no one is a jacks of all trades. Why did MJ have one or possibly two people managing such a vast business empire? That in itself leaves too much power and control in the hands of just a few people. If more people were involved and delegated to handle certain aspects of business then there would have been more checks and balances across the board.
Mo and I have been discussing Branca many times. I get you, but the thing that is bugging me and that I don't get, is why should Branca be able to be an executor of the estate while th will is false? Why is no one fighting the will if Branca is in the bad camp? Why is Branca working for 'only' 10%? I hope you get what I mean. It confuses the hell out of me. And still there is a little voice in my head saying this deal is not that bad.... "They never thought I would out think them". Branca screwed Mike, Sony screwed Mike, Sony trusts Branca because he screwed Mike... But on who's side is he? There is a very good chance Sony is screwed and if that is the case, Branca has to be on Mike's side.
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I agree 100% x 10...lol. Branca creeps me out more than DiLeo or Tohme. Thugs aren't just found standing on dimly lit streets or lurking in dark alleys. They can hide behind custom-made suits, college degrees and sit in fancy corporate offices.
MJ fired Branca February 3, 2003 and the Bashir documentary aired in the UK that same day. It was aired February 6th in the US and a school official filed a complaint on behalf of Gavin Arvazio after watching the show. Janet Arvazio was interviewed by Dept of Child & Family Services on February 20th as a result. February was a very high voltage month as this stuff started to unravel.
The timing stinks and makes me think that Branca was moving the "take MJ down" plans to the next level. What many people fail to realize is that when someone is motivated by greed or revenge they don't care about their history/past relationship with someone. It may even be because of their personal knowledge of their target that they are better equipped to aim below the belt and aim hard. Sure ..at one time ..Branca and MJ were friends. That was before MJ discovered that Branca was screwing him over. To paraphrase a line from The Godfather...It's not personal...it's business.
Does anyone else find it weird that there were just a few people managing MJs affairs. C'mon no one is a jacks of all trades. Why did MJ have one or possibly two people managing such a vast business empire? That in itself leaves too much power and control in the hands of just a few people. If more people were involved and delegated to handle certain aspects of business then there would have been more checks and balances across the board.
Mo and I have been discussing Branca many times. I get you, but the thing that is bugging me and that I don't get, is why should Branca be able to be an executor of the estate while th will is false? Why is no one fighting the will if Branca is in the bad camp? Why is Branca working for 'only' 10%? I hope you get what I mean. It confuses the hell out of me. And still there is a little voice in my head saying this deal is not that bad.... "They never thought I would out think them". Branca screwed Mike, Sony screwed Mike, Sony trusts Branca because he screwed Mike... But on who's side is he? There is a very good chance Sony is screwed and if that is the case, Branca has to be on Mike's side.
I get you: he's like Severus Snape in the Harry Potter books, LOL!