Articles on Michael Jackson’s finances getting stronger
By Roger Friedman
HollywoodNews.com: The proliferation of articles about Michael Jackson’s finances is getting stronger as tomorrow approaches. Most of what you’re reading is incorrect.
The strangest story came today from Bloomberg News. It was titled, “Jackson Advisers to Keep Stake in Beatles Catalog.” It should have been followed by a story called, “The Sky Is Blue.”
There’s no question that Michael Jackson’s estate will continue to be a partner in Sony/ATV Music, the company that contains the Beatles catalog. And there’s no consideration about selling the fifty percent stake. I’m not sure how that became a headline.
For one thing, Michael’s executors, John Branca and John McClain, hold seats on the board of Sony/ATV. They’re not going to give those up. They represent power and a certain standing in the music business.
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