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A consortium led by Sony/ATV, a joint venture between Sony Corp. and the Michael Jackson estate, says it is buying the music copyright division of EMI Group Ltd., for $2.2 billion.

Earlier Friday, Vivendi SA's Universal Music Group said it was buying EMI's recording division for $1.9 billion.

Citigroup is selling the British music company after taking it over in February when private equity firm Terra Firma defaulted on its debts.

EMI's copyright division has copyrights to 1.3 million songs and manages the works of such artists as Rihanna, Norah Jones, Beyonce and Alicia Keys.

Sony/ATV, which has a catalog of 750,000 songs, is a 38 percent partner in the consortium, according to a person familiar with the situation. The person was not authorized to speak publicly and requested anonymity.
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anewfan

Thank you for sharing this. Wouldn't it be wonderful if Michael completely took over the entire music industry and ran it the right, ethical way? (I can keep dreaming, right?)
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Your true character is how you act when no one is looking.

uggg duhhhh 
I wrote about this like...years ago now... LOL
I knew this was gonna happen. 
We know Michael ;)
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Sorry, someone posted it on twitter the other day...I kinda find it strange that his estate would spend this kind of $$ without consent from MICHAEL....
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WHO'S BAD! - GAME OVER!
November 18, 2011, 03:37:15 PM
MJ is the ESTATE.   moonwalk_/

This was a MJ move.  Period!  This is the greatest thing that has happened to him this millennium; other than the fact that because of the HOAX, he could restructure his estate and ensure he holds on to his assets until the 5th World.  LOL!

This Is It!  This is huge.  You wanna know why?  Well, Berry Gordy sold Jobete Publishing to EMI in 1997 (part of it anyway).  MJ almost put in a bid for the 4 straight number 1 hits the Jackson 5 had in a row and his songs as a solo artist, but it didn't pan out.  Of course, the astute amongst us know that it bothered him that he was unable to get those bad boys - so I suspect, he made a vow to himself that one day, he'll be in a position to not only get them, but around 100 Number One Motown Hits (to include everrrrrbody - Diana's, Supremes', et al) - and he claimed/willed it and IT happened.  /bravo/

The man is brilliant, and he prayed that he would bring the Motown hits and songs back HOME. Remember in the movie The Wiz, Diana sings about a place called HOME.  Motown is their family.  MJ's two nephews and a niece by Jermaine are Berry Gordy's grandchildren.  MJ has known and been close to Diana before her oldest child was born, and on the set of the movie the Wiz, he played with her children and watched them and what not.  They love him.  He is like their Stepfather. 

On the Oprah show, I'd bet big money that Diana and her five children were singing 'I Love You' (song she had written for MJ) to MJ and not Oprah.  I mean really!  The children were in the video with Diana - and the boys/sons were not singing.  That would have been too mushy for the boys to be singing to Mike, but I bet them all being in the video was to show love to/for MJ.  The ladies/daughters and Diana were laughing and having fun singing the song.  Out of all of the songs that Diana could have sung to Oprah, why did she choose that one?  Notice that she didn't sing the entire song - because some of the parts wouldn't have fit.  "When you love - you don't count", and so on.  LOL!  They were singing to MJ.

Sony/ATV is MJ.  He could care less about the original recordings to any of the 1.3 million songs they'll pick up to add to the already 750k that Sony/ATV has in its stash.  He wanted the PUBLISHING.  It/publishing should come back over here across the pond to their rightful owners.  WHAT A COUP. 

I know that this woke up and shook up the entire music industry.  Look how far that boy has come from when back in 2002, he was calling Tommy Matolla a devil for how they were trying to put the squeeze on him by not promoting his latest album/CD 'Invincible', which he was so proud of and anxious to put out.  They made him release 'Rock My World' first and so on, and he didn't want to do it, etc.

So again, I LOVE IT!  This is not an Estate move unless one counts MJ as the estate.  MJ is the ONLY ONE that wanted this to happen as it pertains to those Motown songs.  Darn Skippy, this move is a complete TAKEOVER as it pertains to Music Publishing.  This a way, Biopics can be made that would shock the world.  Songs by the original artists would be used with no problems.  Anyone wish to use said songs in commercials, movies, etc would have to pay licensing fees to Sony Music/MJ.  MJ is getting paid all the way round, over and over again.  Again, this move was not about leaving 50% of Sony/ATV to MJ's children (and Diana if something happened - God forbid to Mama Kate).  Those children would never be able to spend all of the money they're estimated to get now, let alone the additional funds this move would make.

This is part of MJ's Master Plan.  This is part of his GAME OVER plan, as it pertains to the Big Payback.  Remember, MJ was pissed about how they/haters/controllers ruined his reputation here in the US especially, and in some quarters, All Around the World.  He hated that people were told filthy lies about him.  Being as astute and brilliant as he is, he knew that hearing and reading such negative things about him would hurt his appeal to the masses as it pertained to his music/art and his legacy.  He is paying folks back for funking up his life in this a way, thereby almost tainting his children's name.  michael-jackson/

GENESIS
ADVENTURE
MASTER
EXCELLENCE

ONE
VICTORIOUS
ENTERTAINMENT
REVENGE

=

GAME OVER!!!!!!! - Now homie has almost revved it up to 1st gear.  Who's BAD?! mj_bad/

"I'm the King of the world.  I feel grand."  That'll do it.  He's been so-called BAMMING all along,, and this one is huge.  TRUST!
Last Edit: November 18, 2011, 03:44:53 PM by peacock7
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