Michael Jackson Death Hoax Investigators
Hoax Investigation => General Hoax Investigation => AEG ~ Sony => Topic started by: MaryK on August 20, 2012, 08:27:38 AM
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http://www.mjjcommunity.com/michael-jackson-news/sony-atv-music-publishing-signs-exclusive-worldwide-administration-agreement-to-represent-mijac-music-catalo (http://www.mjjcommunity.com/michael-jackson-news/sony-atv-music-publishing-signs-exclusive-worldwide-administration-agreement-to-represent-mijac-music-catalo)
SONY / ATV MUSIC PUBLISHING SIGNS EXCLUSIVE WORLDWIDE ADMINISTRATION AGREEMENT TO REPRESENT MIJAC MUSIC CATALOG
NEW YORK —August 20, 2012—Sony/ATV Music Publishing announced today that the company has entered into a worldwide administration agreement to represent Michael Jackson’s iconic Mijac Music catalog. Founded by Michael Jackson in 1980 as his personal publishing company, Mijac Music grew to include – in addition to all of his own incredible songs – the classic Sly and the Family Stone catalog, songs by the legendary Philadelphia soul team of Kenneth Gamble and Leon Huff as well as songs made famous by other artists such as Ray Charles, Elvis Presley and Aretha Franklin.
Of the announcement, Martin Bandier, Chairman and CEO of Sony/ATV said, “We are thrilled that the Estate of Michael Jackson has entrusted us with this incredible catalog of songs, and everyone at Sony/ATV looks forward to finding innovative ways to use these songs, while protecting their legacy.”
Commenting on the deal, John Branca and John McClain, co-executors of the Estate of Michael Jackson remarked, “Michael’s songs in the Mijac Music catalog not only showcase his greatness as a performer but also his creative genius as a songwriter. We are excited that the company Michael helped found, Sony/ATV Music Publishing, and in which his Estate remains a 50% partner, will represent these amazing songs along with a rich collection of other music recorded by some of our greatest popular artists.”
The agreement comes in advance of the September 18 release of BAD25, a new two-disc-package and DVD that marks the 25th anniversary of Michael’s landmark BAD album.
The Mijac catalog includes all of the songs written by the legendary King of Pop, Michael Jackson, including “Another Part Of Me,” “Bad,” “Beat It,” “Billie Jean,” “Black or White,” “Can You Feel It,” “Dangerous,” “Dirty Diana,” “Don’t Stop ‘Til You Get Enough,” “Earth Song,” “Heal the World,” “I Just Can’t Stop Loving You,” “Jam,” “Scream,” “Smooth Criminal,” “They Don’t Care About Us,” “Wanna Be Startin’ Somethin’,” “The Way You Make Me Feel” and “We Are The World.”
Also included in the catalog are some of the most iconic songs in rock, pop and soul music history, including "Ain't No Stoppin' Us Now," “After Midnight,” “Ease on Down the Road,” “Great Balls of Fire,” "(Your Love Keeps Lifting Me) Higher and Higher," “I Got A Woman,” “If You Don’t Know Me By Now,” “Love Train,” “Mr. Bojangles,” “People Get Ready,” “Runaround Sue,” “Shake, Rattle and Roll,” “Sixteen Candles,” “The Wanderer”, “What’d I Say,” “When a Man Loves a Woman” and “You Don’t Know Me”. Of special note the catalog includes the songs made famous by Rock and Roll Hall of Fame artist Sly and the Family Stone, including such hits as “Dance To the Music,” “Everybody is a Star,” “Everyday People,” “Family Affair,” “Hot Fun in the Summertime,” “If You Want Me To Stay,” “Sing a Simple Song,” “Stand” and “Thank You.”
About Sony/ATV Music Publishing
Sony/ATV Music Publishing, established in 1995 as a joint venture between Sony and Michael Jackson, is the world’s leading music publisher. Together with EMI Music Publishing, Leiber Stoller, Mijac Music, Motown and the Famous Music catalogs, Sony/ATV owns or administers more than 2 million copyrights, including some of the best known songs ever written. Sony/ATV’s catalog includes “New York, New York,” “All You Need Is Love,” “You’ve Got a Friend,” “Moon River,” “Jailhouse Rock,” “The Mission Impossible Theme,” “Ain’t No Mountain High Enough,” “Over the Rainbow,” “Stand By Me,” “I Heard It Through the Grapevine” and “Singin’ in the Rain.” In addition, Sony/ATV represents the copyrights of such legendary artists as The Beatles, Leonard Cohen, Neil Diamond, Bob Dylan, Marvin Gaye, Michael Jackson, Carole King, Kraftwerk, Joni Mitchell, Willie Nelson, Roy Orbison, Queen, The Rolling Stones, Richie Sambora, Sting, Wyclef Jean, Hank Williams and Stevie Wonder, among others. Its ever-growing list of chart-topping artists, writers and producers includes Beyoncé, Fall Out Boy, Jay-Z, Jessie J, Norah Jones, Alicia Keys, Lady Antebellum, Lady Gaga, John Mayer, P!nk, RedOne, Shakira, Ed Sheeran, Stargate, Taylor Swift and Kanye West.
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Statement from John Branca Co-Executor of The Estate Of Michael Jackson regarding Mijac announcement, via MJJCommunity (@MJJCommunity):
I understand that you are being asked a lot of questions about Mijac.
"Yes, there is a matching right that Michael granted to Sony/ATV but they only get to administer the catalog for a limited term AND only if they agree to unprecedented favorable terms. We will not relinquish ultimate control and ownership to anyone. We have favorably refinanced the loans on Mijac which will be paid off and the catalog WILL absolutely be passed to Michael's children as long as we have anything to say about it.
Sony/ATV is a great company and the Estate owns half of it but no one, not even Sony/ATV, will ever own Mijac while John McClain and I remain in charge.
The current Sony team is the one Michael chose to work with on the Thriller 25 release and they are good partners. As stated in the recent court filings, they worked with us to refinance the burdensome debt that had been placed on Michael's interest in Sony/ATV to very favorable terms, an important achievement which insures that Mijac and Michael’s masters remain secure for the benefit of Michael's children for years to come.
I would appreciate your sharing this with the fans that are asking questions."
Thanks – John
John Branca
Co-Executor
The Estate Of Michael Jackson
Los Angeles, CA
http://www.twitlonger.com/show/ium98g (http://www.twitlonger.com/show/ium98g)
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Statement from John Branca Co-Executor of The Estate Of Michael Jackson regarding Mijac announcement, via MJJCommunity (@MJJCommunity):
I understand that you are being asked a lot of questions about Mijac.
"Yes, there is a matching right that Michael granted to Sony/ATV but they only get to administer the catalog for a limited term AND only if they agree to unprecedented favorable terms. We will not relinquish ultimate control and ownership to anyone. We have favorably refinanced the loans on Mijac which will be paid off and the catalog WILL absolutely be passed to Michael's children as long as we have anything to say about it.
Sony/ATV is a great company and the Estate owns half of it but no one, not even Sony/ATV, will ever own Mijac while John McClain and I remain in charge.
The current Sony team is the one Michael chose to work with on the Thriller 25 release and they are good partners. As stated in the recent court filings, they worked with us to refinance the burdensome debt that had been placed on Michael's interest in Sony/ATV to very favorable terms, an important achievement which insures that Mijac and Michael’s masters remain secure for the benefit of Michael's children for years to come.
I would appreciate your sharing this with the fans that are asking questions."
Thanks – John
John Branca
Co-Executor
The Estate Of Michael Jackson
Los Angeles, CA
http://www.twitlonger.com/show/ium98g (http://www.twitlonger.com/show/ium98g)
I always thought that if this catalog goes to other hands that are not the children of Michael, then he would be really dead
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Statement from John Branca Co-Executor of The Estate Of Michael Jackson regarding Mijac announcement, via MJJCommunity (@MJJCommunity):
I understand that you are being asked a lot of questions about Mijac.
"Yes, there is a matching right that Michael granted to Sony/ATV but they only get to administer the catalog for a limited term AND only if they agree to unprecedented favorable terms. We will not relinquish ultimate control and ownership to anyone. We have favorably refinanced the loans on Mijac which will be paid off and the catalog WILL absolutely be passed to Michael's children as long as we have anything to say about it.
Sony/ATV is a great company and the Estate owns half of it but no one, not even Sony/ATV, will ever own Mijac while John McClain and I remain in charge.
The current Sony team is the one Michael chose to work with on the Thriller 25 release and they are good partners. As stated in the recent court filings, they worked with us to refinance the burdensome debt that had been placed on Michael's interest in Sony/ATV to very favorable terms, an important achievement which insures that Mijac and Michael’s masters remain secure for the benefit of Michael's children for years to come.
I would appreciate your sharing this with the fans that are asking questions."
Thanks – John
John Branca
Co-Executor
The Estate Of Michael Jackson
Los Angeles, CA
http://www.twitlonger.com/show/ium98g (http://www.twitlonger.com/show/ium98g)
I always thought that if this catalog goes to other hands that are not the children of Michael, then he would be really dead
Well they only administer the catalog. The Estate clearly states that the catalog will not be owned by anyone else and that it will be passed on to his children.
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Thanks for posting this Mary. It begs the question (yet again) - are McClain and Branca good or bad guys? Can we believe Branca's statement? Are they genuinely doing what's best in the long term for MJ's kids, or are they being given enough rope to hang themselves, or are they (knowingly?) carrying out MJ's plan, following the 'script'?
Another question I had while reading this was: are contracts, deals etc made when someone is dead, still valid if it's later discovered that they are in fact alive? I'd like to look into the legality of this scenario.
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Curls
Thanks for posting this Mary. It begs the question (yet again) - are McClain and Branca good or bad guys?
For me, I'm thinking that if MJ really was the hatman at the X-factor performance featuring MJ music, then they have to be good guys. Branca was sitting right beside this hatman sitting behind Katherine and the kids (He's also seen behind the kids at the hand-print MJ event--bottom pic).
(http://www.michaeljacksonhoaxforum.com/hoaxpic/images/xfactorhat.jpg)
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http://www.mjjcommunity.com/michael-jackson-news/sony-atv-music-publishing-signs-exclusive-worldwide-administration-agreement-to-represent-mijac-music-catalo (http://www.mjjcommunity.com/michael-jackson-news/sony-atv-music-publishing-signs-exclusive-worldwide-administration-agreement-to-represent-mijac-music-catalo)
SONY / ATV MUSIC PUBLISHING SIGNS EXCLUSIVE WORLDWIDE ADMINISTRATION AGREEMENT TO REPRESENT MIJAC MUSIC CATALOG
NEW YORK —August 20, 2012—Sony/ATV Music Publishing announced today that the company has entered into a worldwide administration agreement to represent Michael Jackson’s iconic Mijac Music catalog. Founded by Michael Jackson in 1980 as his personal publishing company, Mijac Music grew to include – in addition to all of his own incredible songs – the classic Sly and the Family Stone catalog, songs by the legendary Philadelphia soul team of Kenneth Gamble and Leon Huff as well as songs made famous by other artists such as Ray Charles, Elvis Presley and Aretha Franklin.
Of the announcement, Martin Bandier, Chairman and CEO of Sony/ATV said, “We are thrilled that the Estate of Michael Jackson has entrusted us with this incredible catalog of songs, and everyone at Sony/ATV looks forward to finding innovative ways to use these songs, while protecting their legacy.”
[...]
This is some shitty scary piece of news! :errrr:
I mean I am like really scared... after a long period of time!!!
I mean that catalogue has always been the source of all evil against Michael, he complained publicly and to so many people and friends of receiving death threats because of that catalogue.
If this "handing over" of the catalogue to the Sony ATV is really part of the hoax for Michael to see who is behind those death threats, than Michael if you're reading this, just know I am really scared right now!!! :icon_pale:
I think everything major that happens with that catalogue is solid proof about Michael being dead or alive!
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I think we must wait...how many ads we've seen in the last three years that have had no foundation.... :icon_e_confused:....keeph the faith !! :icon_razz:
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I don´t understand why anyone would feel afraid now.
This deal does not mean Sony/ATV owns the Catalog- They are only administrating the publishing rights. The MJ Estate still owns Mijac Catalog.
Before another company administrated the publishing rights.
So basically I think this is not giving away the catalog but rather bringing it even closer to home, since Michael (the Estate) is co-proprietor of Sony/ATV.
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OK im starting to worry now to the point i have a very icy feeling in the pit of my stomach ... if this is true .. and you as well as i know how much bulls**t the media pulls then i need some straight talking to .... cos im starting to get ideas that i dont like ... What if Michael is dead, what if he was actually murdered? what if all the clues were actual mistakes we picked up where they didnt do such a brilliant cover up? what if we have let those with blood on their hands get away with murder for the last three years? I agree this is actually quite scary news .... I dont trust Branca & Co .. I never have ... dont know why cos i cant put my finger on why ... but this has actually got me quite worried .... I need some sense talked into me before i loose hope :screaming-7365:
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I don´t feel uncomfortable with this deal.
Really, I don´t.
As I said in my last post: they are NOT giving away/selling the catalog.
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When there's so much money involved, when that catalogue is so valuable that people were willing for so many years to conspire against Michael... to the point where he received so many death threats, that he even started speaking about them to people...
When you take all this^^ into account , it really doesn't matter if "they" buy/sell that catalogue or not! Simply the fact that "they" get to lay their filthy hands on it, by "administering" it, makes me tremble with fear mixed with disgust !! "they" can do so many illegal things in order to get money and other illicit profits out of it, "they" don't even need to own it!
That's why I don't like this new "deal", I don't like it at all ! I have a bad feeling about this!! What in the world were they thinking?? Couldn't they have chosen someone else to administer that catalogue?? Why Sony!???
I hope it's all part of the hoax! it's gotta be!! :bowdown:
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I still don´t understand it Sim.
50 % of "they" is owned by Michael.
Before the deal another company was involved who isn´t owned by him.
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[...]50 % of "they" is owned by Michael.[...]
I hope it still is so .
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Yes of course it is. The catalog is even more valuable now IMO, since it has "come home" now to Michael´s own company.
Before it was administrated by Warner Chappel.
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Yes of course it is.[...]
How can we know that^^ with 100% certainty?
Michael said he owned half of Sony back in that 2001 - Sony speech.
But what about today? 11 years later?
Can we still be 100% sure that he still owns half of Sony ATV and that this "deal" is 100% Michael's plan?
IDK...
All I know is that I HOPE it is that way... and at the same time I have my bad feelings about this "deal".
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So you think the above message of Branca in which he says that they own half of Sony ATV is possibly a lie?
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So you think the above message of Branca in which he says that they own half of Sony ATV is possibly a lie?
I don't know what is a LIE and what isn't!
I’m just saying that I have a bad feeling.... that maybe...just maybe Michael can’t be 100% in control of everything , traitors will always lurk around him and betray his interest when he needs them most, like for ex. NOW: when he’s supposed to be dead and he can’t take legal actions to protect that catalogue as he could have when he was officially alive!
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I get your point and I respect your point of view. It all depends on that, right?
As for me personally I (for the moment) stick to the believe that Estate=MJ and they are executing his plans.
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For additional information on the ownership of Sony ATV:
http://www.sony.com/SCA/outline/atv.shtml (http://www.sony.com/SCA/outline/atv.shtml)
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Branca & Co are already managing. If they are good or bad, do not know, but they did a good job. My question is whether they are inside or outside the hoax. It's not my time yet to really wonder if MJ died.
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LOL, feels like a kind of warning of sorts to the people who feel the administration of the estate should be changed, the challengers. They clearly state that the catalogues will stay with MiJack “as long as Branca & MClain” are the executors. :LolLolLolLol: Leaves it open as to the possible consequences of what could happen shold their managemnt be over turned. In other words, this one’s for the signer’s of the letter.
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I get your point and I respect your point of view. It all depends on that, right?
As for me personally I (for the moment) stick to the believe that Estate=MJ and they are executing his plans.
The debts have been paid, that would be a reason for that the catalog will go to other hands, and in regard to death threats because of that catalog there is no reason why MJ is officially dead, and that you know there are no threats against the Mrs Katherine or children.
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May be that Michael took this decision because the catalog has always given him many problems and in his new life he does not want more for himself and for his childrens.... :icon_razz: :moonwalk_:
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Blankie they did not sell the catalog they only gave the publishing/administrative part to Sony/ATV (and Michael owns 50 % of that).
So basically Sony/ATV does the publishing work, Estate (Michael) owns the catalog.
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Blankie they did not sell the catalog they only gave the publishing/administrative part to Sony/ATV (and Michael owns 50 % of that).
So basically Sony/ATV does the publishing work, Estate (Michael) owns the catalog.
Thanks Mary :bearhug: I still think we should not worry...only wait :icon_razz:
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Thank you for sharing this. I'm with those of you that don't see any reason to worry.
I remember when the discussion was on regarding Sony/ATV signing that billion dollar deal buyout of EMI. I was really excited for that because there were some J5 songs in there. Essentially, Michael got them back as he is part owner of Sony/ATV.
We must remember that it wasn't Sony that Michael had problems with, it was with Motolla and maybe others who were in charge. They are no longer in power at Sony and he is/was comfortable with the ones in charge now (as far as we know).
So, now we have this deal with Sony. To me it's no different. Michael is using Sony's great influence and marketing power to showcase his music. He is still part owner and has a say in how the music will be used. It's a win/win. So far I think it's a great move and there isn't anything that gives me reason to worry.
We do need to keep our eyes open and be watchful though. Because I could be wrong. I sure hope I'm not and I don't feel like I am, but one doesn't know. It just continues to look like a 'TOTAL TAKEOVER' to me.
Blessings
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I agree with what you said voice.
I also think it´s a clever business move.
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From June 29, 2012
With the deal complete, EMI will be folded into Sony/ATV in New York, a Sony subsidiary that is run as a joint venture between Sony and Michael Jackson’s estate. Sony/ATV represents the copyrights of Jackson, Bob Dylan and other legendary artists. Among the coalition of investors involved in the purchase, the largest financial backer is an Abu Dhabi-based firm called Mubadala Development.
http://www.washingtonpost.com/business/economy/sony-buys-emi-publishing-for-22-billion/2012/06/29/gJQARQFTCW_story.html
MJ had friends and connections in the middle-east...and I hope this is one of them.
Hesouttamylife
LOL, feels like a kind of warning of sorts to the people who feel the administration of the estate should be changed, the challengers. They clearly state that the catalogues will stay with MiJack “as long as Branca & MClain” are the executors. Leaves it open as to the possible consequences of what could happen shold their managemnt be over turned. In other words, this one’s for the signer’s of the letter.
Yes I got that too.
Sim
When you take all this^^ into account , it really doesn't matter if "they" buy/sell that catalogue or not! Simply the fact that "they" get to lay their filthy hands on it, by "administering" it, makes me tremble with fear mixed with disgust !! "they" can do so many illegal things in order to get money and other illicit profits out of it, "they" don't even need to own it!
Sounds like it’s a cow! Cash cow… :icon_pale:
Sim I feel your worry, but there aint nuttin we can do about it except ‘keep watching’. We can tell Michael we love and support him, stay here on the site and stay the course. Everyone’s trying to show their support as best they can.
Voice and Mary have helpful thoughts that I agree with too.
Hugs to you Sim!
:bearhug:
I think everything major that happens with that catalogue is solid proof about Michael being dead or alive!
Yes, it would be so nice to get a sign from an insider about this Sony deal—from Paris, Front, siblings, etc.
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[...]
Sim I feel your worry, but there aint nuttin we can do about it except ‘keep watching’. We can tell Michael we love and support him, stay here on the site and stay the course. Everyone’s trying to show their support as best they can.
Voice and Mary have helpful thoughts that I agree with too.
Hugs to you Sim! :bearhug:
Yes, I think you're right.
hugs to all of you :bearhug:
[...]I think everything major that happens with that catalogue is solid proof about Michael being dead or alive!
Yes, it would be so nice to get a sign from an insider about this Sony deal—from Paris, Front, siblings, etc.
(http://smileys.sur-la-toile.com/repository/Respect/number-one-45.gif)
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Guys, I forget to let you know that Sony bought up the other shares of So-Net Entertainment Corporation. Sony was the majority Shareholder with 58% before the buyout. So-Net Entertainment Corporation is I believe an internet provider company.
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So in the LA Times timeline that has been posted there is April 13, 2006:
April 13, 2006
Jackson begins dismantling his empire by agreeing to sell a portion of his publishing catalog. The $325-million refinancing agreement required him to sell half of his 50% state in Sony/ATV to avoid foreclosure on several loans.
So what I understand from this is that he only owned 25 % of Sony ATV after this and now the loans are paid off and he´s back to 50 %?
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Just want to add this document here. Pertaining to the loan to MJ-ATV trust.
This whole Sony ATV/catalog thing is a thicket :Pulling_hair:
http://www.scribd.com/doc/101282769/Goldman-Gets-Michaels-Beatles-if-Goldman-Sachs-Term-Sheet-Inside-Secrets-of-the-Goldman-Proposal-Michael-Jackson-70-Mill-Loan-Trustees-Al-Malnik (http://www.scribd.com/doc/101282769/Goldman-Gets-Michaels-Beatles-if-Goldman-Sachs-Term-Sheet-Inside-Secrets-of-the-Goldman-Proposal-Michael-Jackson-70-Mill-Loan-Trustees-Al-Malnik)
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What confuses me about this is being that the executors get a percentage of Michael’s earnings, how much does the estate really own?
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Ok Im confused, Isn't that statement from Branca an old one?? I thought I read that a while ago but it could just be a simple dejuvu
Secondly if Michael owns 50% would he not get 50% of the profit from publishing it? I read somewhere that with the other company he was paying for them to publish it, where as with Sony/ATV he actually gets 50% of the profit?
If that is so, isn't that a good thng? Mijack is still his catelogues that will still go to his kids, but this way he gets more money? Or am missing something?
In some ways it makes me think that he has decided this and probably has a lot of very tightly contructed conditions, if this was the cause of all his trouble before, maybe it's lke giving them a bone to run aound and be busy with, as so he can move on with what ever he plans in the future without anymore trouble? COuld this be the last thing he needs to tie up before he bams? Who knows? I'm hoping that the estate are good guy.
If i said any thing that makes no sense I apologize, between my computer freezing and my brain being exhausted from any real sleep, I am not sure if i'm making much sense
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This is all as clear as MUD!! :icon_geek:... :confused: :over-react-smiley: :LolLolLolLol:
I still feel that Michael is in TOTAL CONTROL OF EVERYTHING!!! :smiley_abuv: Don't lose hope, or let go of his hand now! Things may look "scary", but we must Keep the Faith going!! We have held on this long, we need to hold on just a little longer!!
:bearhug:'s my sweet, sweet Family...I LOVE you guys!!! Blessings and Healing Positive Energy is being sent your way!! TRUST in God and Michael to guide us through!
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How do we know if this whole Sony/ATV catalogue 50% ownership controversy is only a distraction away from where MJ's money really is. I always remember in 2008, that MJ said to a reporter who asked him how his finances were, that they were great, and that he had just signed a cheque for $500 million, and that the media never likes to report anything that's positive. I thought it was only the post-death money gain that had paid off his debts. MJ owns the Sun(?) hotel in Africa, and I'm almost sure that he invested into Apple as he was friends with Steve Jobs. For the hoax to work, MJ has to appear financially broke, weak, sickly, unable to deal with real life wisely. Just thinking of Back, Front, Sott's utter confidence in victory, as if he already knows the future outcome. Or he really knows how to bluff out the other players. :animal0017::icon_mrgreen:
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A very complex and confused story, it's impossible to know by now what is happening behind the scene but any clue/hint would be appreciated.
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This is all as clear as MUD!! :icon_geek:... :confused: :over-react-smiley: :LolLolLolLol:
I still feel that Michael is in TOTAL CONTROL OF EVERYTHING!!! :smiley_abuv: Don't lose hope, or let go of his hand now! Things may look "scary", but we must Keep the Faith going!! We have held on this long, we need to hold on just a little longer!!
:bearhug:'s my sweet, sweet Family...I LOVE you guys!!! Blessings and Healing Positive Energy is being sent your way!! TRUST in God and Michael to guide us through!
Agree :bearhug:
Keeph the faith :icon_e_wink: :michael-jackson:
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Ask yourself: being the clever businessman that MJ is, he had George Lopez put his assets into a trust to protect it wholeheartedly. Noone else but MJ can own his assets. Only administration can change. Why would he NOT use a trust fully knowing he is surrounded by sharks that would strip him of all assets any second he doesn't look? Brancas' move is another smoke screen to make the mass believe something that isn't.
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This is all as clear as MUD!! :icon_geek:... :confused: :over-react-smiley: :LolLolLolLol:
I still feel that Michael is in TOTAL CONTROL OF EVERYTHING!!! :smiley_abuv: Don't lose hope, or let go of his hand now! Things may look "scary", but we must Keep the Faith going!! We have held on this long, we need to hold on just a little longer!!
:bearhug:'s my sweet, sweet Family...I LOVE you guys!!! Blessings and Healing Positive Energy is being sent your way!! TRUST in God and Michael to guide us through!
Agree :bearhug:
Keeph the faith :icon_e_wink: :michael-jackson:
God Bless you my Beautiful Blankie!!! :bearhug:
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@ mjj4ever777
Love you :bearhug:...really :bearhug: Make me happy !!
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Hi
I know that at the moment there is a lot of stories about Michaels Sony/ATV music deals and we can only thing what is really happening and who has control. We all know that the two people that are in the news at the moment are not the Flavour of the month.
But reading the book "Defending A King" I did find something very interesting about John Branca. On page 104 the following is very interesting
"The Greatest Show On Earth Michael told John Branca he wanted "the greatest show on earth and that John's duty was to help him get there"
So if Michael had no trust in him then why just 8 days before he died Michael rehired him. Could it be that he knew that John and Michaels business minds but together would get Michael The Greatest Show On Earth? That He and Michael knew what people will carry out his legacy as Michael wanted.
So I think that all that is going on could be the front and the real deals are going on behind the scene. And also on another point when Michael "died" John Branca was on vacation in Mexico. Correct me if I'm wrong but also was there not a plane that left LAX airport on 6/25/2009 to Mexico?
You may think where I'm going with this well Think about it
1. Michael wanted The Greatest show on Earth.
2. John Branca sealed the deal with Sony and it was the best Business deal Michael made.
3.Michael trusted him(some might say no but we don't really know) but they are doing a good job.
4 Michael rehired him 8 days before he "died"
5 Michael is "dead" on 6/25/2009 only to be told by Jermaine that" Michael left a long time before the airport"
6. Lax airport closed on 6/25/2009 for a private plane to leave to Mexico.
7. And where was John Branca on vacation Mexico! was he waiting for Michael to arrival all part of the plan!
So yes I would say that John Branca is doing his job and there is no way that Michael would sell MJJAC! because he knows that this is a good business move.
Michael always said " YOU KNOW I DO GOOD BUSINESS"
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Interesting thoughts. The planning of the Greatest Show on Earth takes more time than 8 days. This is of course unless MJ and Branca DID plan WAAAAYY before MJ 'died' and it was planned to rehire Branca 8 days before. However he contradics himself (Branca) with 8 days and now being hired back a month :icon_exclaim: before MJs 'death' (credit goes to the wonderful Bonny Cox Michaels' guardian blog latest of today). Branca is not to trust as far as I'm concerned and A LOT is not what it seems. I even doubt Paris is the real Paris due to her behavior. But that's another story that Bonnie is well documenting and she raises a lot of great questions. However, IF that story is true, and I highly doubt it, then the next questions arises, would Michael do something like that just for the fun of a business move? I would say, no, as there is too much at stake. But that's just my 2 cents - if anyone reads my thought at all ...
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I agree with those who think this is a smart business move of Michael. It is certainly a complicated matter, especially for most of us, not being financial experts and who only get the news from the media outlets. I can only base my faith in Michael's wise business moves on articles and blogs I read on internet. Even though I keep in mind not to believe everything what's been written and a lot is based on assumptions, I'll post a quote which made me understand more about it (at least I think :icon_rolleyes: :icon_e_confused:):
The above confirms what I thought all along. So when the Sony/ATV joint venture was formed Sony and Michael agreed they would supplement their catalog with additional songs and buy more and more. From what we read about it the idea was that the money for those purchases would be generated by the joint catalog itself – they would acquire more songs from the profits the catalog made, not needing any more money input. So when Michael later bought Eminem’s songs it was within their initial plans.
The idea was not bad as it meant to turn Michael into a major musical publishing rights tycoon (with Sony being the other half) and it would have worked perfectly well in case Michael’s success had continued and no financial disasters had taken place. But they did take place – in the form of the 2003 case, the trial and many other projects which failed due to the extremely negative media which nipped each of his projects in the bud.
While Michael was fighting the unjustice Sony evidently went on adding new songs to the catalog and paying their share. I’ve read that they were even paying Michael’s share of the expenses, most probably out of the profit Michael was to receive from his 50% in the joint venture. This must have created constant tension between the partners, because surely Michael would have preferred to have cash instead of having to invest it into more songs. What looked like a good idea in 1995 turned into a big financial burden for him later.
The joint venture was evidently John Branca’s idea. He suggested it instead of selling Michael’s Beatles catalog which was advised by other Michael’s advisors in 1993 when Michael had to pay damages to Marcel Avram for canceling the Dangerous tour and huge costs on litigation with the Chandlers. It was then that the crisis started and Michael first faced the need to sell his Beatles catalog.
Now he could have got out of this joint venture again and by the same method too – by selling his share and at a higher price this time, however he still preferred to fight the circumstances.
I don’t remember the details now but at a certain point things became so bad that Michael was in a danger of losing to some creditors half of his share in the joint venture (or 25%), but his partner Sony helped him to avoid it. They evidently supplied him with some financing in return for the right to be the first to buy those 25% in case Michael had to sell it.
As a result Michael kept his 50% but was still involved in tremendous loans he had to take most of which were spent to fulfill his commitments under the joint venture project (and not on his “lavish style” as the media likes to portray it).
All of the above explains very well Michael’s feelings in respect of Sony – it was like sharing a home with someone you no longer love and even fight, but cannot part with due to the common property you share.
However life proved that Sony as a partner was not that bad after all – they had the right to acquire the 25% share of Michael’s catalog but never used it as Michael still keeps his half in the project.
If my understanding of the situation is correct, than the current merger of Sony/ATV with EMI and creation of a new giant holding music publishing rights this way is very much in line with the original idea Michael liked and went for. He could have sold the catalog long ago, but he still preferred to keep and expand it further – even at a tremendous financial cost and even sacrifice for himself.
If the new project is successful it will turn Michael’s children into tycoons of music publishing rights, but for it to be successful it will again require some money to service Michael’s commitments arising from it. That merger must have required a lot of money already, and this is where some of those millions from Michael’s Estate must have gone.
In short it isn’t ‘embezzlement’ – it is investment of the money, and probably wise investment too because it is meant to generate more money than the sums already spent on it. From the point of view of Michael’s siblings it is unwise of course because 1) it doesn’t bring immediate profit 2) leaves some of MJ’s debts still unpaid 3) will prove its worth in a somewhat distant future.
But from the point of view of Michael’s legacy and the future of Michael’s children the idea is good. I personally would very much like to see Michael’s children to benefit from other people’s songs. Somehow it feels like just the right outcome after all that their father had to endure.
This is my understanding of the situation, though of course the matter should be studied and studied thoroughly.
more on: http://vindicatemj.wordpress.com/
L.O.V.E. always
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Everlastinglove Thanks for the link, well explained and clear chronological order.
Yes of course it is. The catalog is even more valuable now IMO, since it has "come home" now to Michael´s own company.
Before it was administrated by Warner Chappel.
Maryk You said it!
:multiplespotting: