On May 25, 2005, Michael went to court, along with his parents, to listen to Chris Tucker's cross-examination. Meanwhile, the two trusts created by Fortress for the specific acquisition of Bank Of America was processing plenty of documents. MJ's loans with Bank of America were an investment deal at ten years, both expiring in December… Continue reading MICHAEL JACKSON MIGHT HAVE WANTED TO SELL SONY/ATV. BUT NOT TO SONY
Category: Intellectual Property & Music Business
MJ:”SOMETIMES PEOPLE DO THINGS BEYOND THE SCOPE OF WHAT I TELL THEM TO DO”
On January 16, 2004, his formal arraignment drew a horde of news media and in Santa Barbara County. The press did not cease to put their nose in his business and in what they called "his mysterious finances." Depending on the source, Jackson was either spending his way into bankruptcy or presiding over wealthy music… Continue reading MJ:”SOMETIMES PEOPLE DO THINGS BEYOND THE SCOPE OF WHAT I TELL THEM TO DO”
MICHAEL JACKSON: NOT TO TRUST EVERYBODY IN THE RECORD INDUSTRY
The 2002 scenario marked the public back and forth of the war and the problems between MJ, Sony, and CEO Tommy Mottola. MJ words on Mottola speak alone. There is no need to comment any further, primarily because it must not be forgotten that Mr. Mottola was a hired man at the end of… Continue reading MICHAEL JACKSON: NOT TO TRUST EVERYBODY IN THE RECORD INDUSTRY
WHEN MJ SPOKE HIS MIND AT THE NATIONAL ACTION NETWORK
When Michael Jackson appeared at the National Action Network in Harlem with Al Sharpton’s, he was trying to let people know how the music industry was hopelessly corrupt. He blamed them, described the recording industry as racist, and denounced the injustice against artists, dead and alive. At that time, it was not just Michael Jackson… Continue reading WHEN MJ SPOKE HIS MIND AT THE NATIONAL ACTION NETWORK
JACKSON’ JOINT VENTURES, MASTER RECORDING AND “SONY SUCKS”
The above excerpt represents the beginning of Jackson's Invincible album promotion that meant the opening of the poisonous Pandora’s box between Sony Music and Michael Jackson Corp. An amendment in Sony ATV Operating Agreement dated 2000 related to section 7.9, the Put Option. The value has been increased by 45 million dollars, bringing the… Continue reading JACKSON’ JOINT VENTURES, MASTER RECORDING AND “SONY SUCKS”