Thank you for sharing this. I'm with those of you that don't see any reason to worry.<br /><br />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.<br /><br />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).<br /><br />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.<br /><br />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.<br /><br />Blessings
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.<br /><br />http://www.washingtonpost.com/business/economy/sony-buys-emi-publishing-for-22-billion/2012/06/29/gJQARQFTCW_story.html
<br />MJ had friends and connections in the middle-east...and I hope this is one of them.<br /><br />Hesouttamylife<br />
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.
<br />Yes I got that too.<br /><br />Sim<br />
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!
<br />Sounds like it’s a cow! Cash cow… :icon_pale:<br />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.<br />Voice and Mary have helpful thoughts that I agree with too.<br />Hugs to you Sim!<br /> :bearhug:<br />
I think everything major that happens with that catalogue is solid proof about Michael being dead or alive!
<br />Yes, it would be so nice to get a sign from an insider about this Sony deal—from Paris, Front, siblings, etc. <br /><br />
[...]<br />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.<br />Voice and Mary have helpful thoughts that I agree with too.<br />Hugs to you Sim! :bearhug:
Yes, I think you're right.<br />hugs to all of you :bearhug:<br /><br /><br />
on 1345627924:
[...]
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.
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.
So in the LA Times timeline that has been posted there is April 13, 2006:<br /><br />
April 13, 2006<br />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.
<br /><br />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 %?
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<br /><br />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?<br /><br />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?<br /><br />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.<br /><br />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
This is all as clear as MUD!! :icon_geek:... :over-react-smiley: :LolLolLolLol:<br /><br /><br />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!! <br /><br /> :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!
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:
<br />This is all as clear as MUD!! :icon_geek:... :over-react-smiley: :LolLolLolLol:<br /><br /><br />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!! <br /><br /> :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!<br />
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. <br />
<br />This is all as clear as MUD!! :icon_geek:... :over-react-smiley: :LolLolLolLol:<br /><br /><br />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!! <br /><br /> :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!<br />
Hi<br /> 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.<br /><br />But reading the book "Defending A King" I did find something very interesting about John Branca. On page 104 the following is very interesting<br /><br />"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"<br /><br />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.<br /><br />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?<br /><br />You may think where I'm going with this well Think about it <br /><br />1. Michael wanted The Greatest show on Earth.<br /><br />2. John Branca sealed the deal with Sony and it was the best Business deal Michael made.<br /><br />3.Michael trusted him(some might say no but we don't really know) but they are doing a good job.<br /><br />4 Michael rehired him 8 days before he "died"<br /><br />5 Michael is "dead" on 6/25/2009 only to be told by Jermaine that" Michael left a long time before the airport"<br /><br />6. Lax airport closed on 6/25/2009 for a private plane to leave to Mexico.<br /><br />7. And where was John Branca on vacation Mexico! was he waiting for Michael to arrival all part of the plan!<br /><br />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. <br /><br />Michael always said " YOU KNOW I DO GOOD BUSINESS"
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 ...
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:):<br /><br />
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.<br /> <br />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.<br /> <br />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.<br /> <br />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.<br /> <br />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.<br /> <br />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.<br /> <br />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).<br /> <br />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.<br /> <br />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.<br /> <br />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.<br /> <br />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.<br /> <br />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.<br /> <br />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.<br /> <br />This is my understanding of the situation, though of course the matter should be studied and studied thoroughly.<br />
Everlastinglove Thanks for the link, well explained and clear chronological order.<br /><br /><br />
on 1345550790:
<br />Yes of course it is. The catalog is even more valuable now IMO, since it has "come home" now to Michael´s own company.<br /><br />Before it was administrated by Warner Chappel.<br />
<br /><br />Maryk You said it!<br /><br /> :multiplespotting:
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