Thursday, March 18, 2010

THE JACKSON STAKE IN SONY/ATV " IS NOT FOR SALE " JOHN BRANCA



The whole thing centered on Tommy Mottola
setting him up," Novel told me.

"Mottola and him were at odds, and Jackson's
information was that Mottola and Malnik got
together to fu*k him. He said he believed
Malnik was representing the Mob."

THEY NEVER THOUGHT THIS PERFORMER "MYSELF" WOULD OUT THINK THEM. WE CAN'T LET THEM GET AWAY WITH WHAT THEY ARE TRYING TO DO.

MICHAEL JACKSON 4:38
* * * * * * * * * *

THE JACKSON STAKE IN SONY/ATV "IS NOT FOR SALE"
JOHN BRANCA

Will these words come back to haunt John Branca.

If it is true that Mottola, along with others worked
to set up Jackson to bring him down, would they go as far as cohearsing w/ those closest to Michael, even those now running the MJ estate?

Do you think that could happen?? Well it's happening.

WHY DID BRANCA NOT TAKE HEED TO JACKSON'S REQUEST HE WAS DEMANDED TO RESIGN OF HIS DUTIES BY MICHAEL JACKSON BACK IN 2003.

Michael Jackson Terminated John Branca because of Embezzlement. In 2003, Michael Jackson launched an investigation into Branca’s embezzlement activities regarding Micheal Jackson’s money.

The investigators, the firm of Interfor in New York,
reported in February, March, and with a final report on
April 15, 2003, there was an improper relationship between
Tommy Mattola and John Branca whereby Branca and Matolla
were illegally funneling Michael Jackson’s money to off-shore
accounts in the Caribbean. (Exhibit “B”).

MJHOAXLIVE: CONNECTING THE DOTS: THE WILL, JOHN BRANCA AND MOTTOLA

MJHOAXLIVE: MICHAEL JACKSON FIRED BRANCA: EMBEZZLEMENT

MJ WAS VERY ADAMANT ABOUT BRANCA LEAVING, INFACT, IT WAS DEMANDED OF HIM BY MICHAEL JACKSON NEVER AGAIN HAVE ANYTHING TO DO WITH HIS BUSINESS. NOW HE IS RUNNING THE ESTATE OF MICHAEL JACKSON?? WE KNOW NOW THAT BRANCA WAS NEVER REHIRED. SO WHO'S ORDERS IS HE GOING UNDER TO STAY ON?? BRANCA AND WEITZMAN ARE GOOD AT THERE GAME THEY HAVE DONE THIS BEFORE ASK COURTNEY LOVE..COULD BRANCA HAVE BEEN ORDERED OR INSTRUCTED 3RD PARTY, ETC..STAY ON... FINISH THE JOB? Pellicano and Fields walked while Branca and Weitzman stayed. What have we here??

THE LETTER WRITTEN BY JACKSON FIRING BRANCA jacksonfiringbrancaletter.jpg (image)

SO JUST HOW DID SONY BUY INTO THE ATV CATALOG?
THERE SEEMS TO BE MIXED REPORTS OF THIS.
THE SONY/ATV MUSIC PUBLISHING CATALO G

JACKSON ASSETS DRAW THE GAZE OF WALL STREET
By ANDREW ROSS SORKIN and MICHAEL J. de la MERCED
Published: July 19, 2009 from the NYT

Howard Stringer, top, Sony’s chief, and Thomas J.
Barrack Jr., the head of Colony Capital, had deals
with Michael Jackson.

A handful of major financial firms have made
inquiries into buying the Jackson estate’s
50 percent share of Sony/ATV Music Publishing,
the company that controls most of the Beatles
song catalog, according to people briefed on
the matter. Among them are Colony Capital,
Kohlberg Kravis Roberts, Plainfield Asset
Management and the media mogul Haim Saban,
these people said.

Sony/ATV is by far the most valuable asset in
Mr. Jackson’s estate, and his 50 percent stake
could be worth as much a $500 million. Mr. Jackson
bought the majority of the Beatles catalog in 1985
for $47.5 million, after an informal chat with Paul McCartney about the wisdom of buying song catalogs.

Since then, Sony/ATV -formed from a 1995 partnership
with Sony — has bought up the rights to thousands of
songs from artists, including Bob Dylan, Joni Mitchell,
Beck and Taylor Swift. In recent years, it made a big
push into TV production, helping to balance out its
radio business.

“Sony/ATV’s really started to gain greater value in
recent years,” said Barry Massarsky, a music industry
consultant who has done work for Sony/ATV and its rivals.
“I’m very bullish on its prospects.”

John G. Branca, the entertainment lawyer who structured
Mr. Jackson’s initial purchase of the Beatles catalog
and is now one of two executors of his estate, declined
to comment by e-mail on Sunday, saying only that the
Jackson stake in Sony/ATV “is not for sale.”

Mr. Branca and John McClain, a music executive,
will make decisions about the estate, pending
confirmation at an Aug. 3 court hearing in Los Angeles.

Still, that has not stopped financiers from
approaching Jackson family members and Sony,
people briefed on the discussions said. Some of these firms already have a connection to the Jackson family.

Colony, for instance, is a co-owner of the Neverland ranch Jackson’s former home. The firm’s chairman and chief executive, Thomas J. Barrack Jr., has contacted representatives of the family, these people said. Plainfield, which lent money to Mijac, an entity that owns Mr. Jackson’s own songs as well as those from the likes of Sly and the Family Stone, contacted the family, these people said. (Mijac has an estimated of $50 million to $100 million and is likely to grow with the pickup in album sales since his death.)

Mr. Jackson nearly lost his stake in Sony/ATV —
and his family’s fortune — in 2006. He was days
away from filing for bankruptcy when Howard Stringer, the chief executive of Sony, dispatched his chief financial officer, Robert Wiesenthal, to Dubai to broker a last-minute lifeline for Mr. Jackson. Mr. Jackson was living in the emirate at the time and quickly spending cash.

“His finances were in complete shambles,”
said Duross O’Bryan, a forensic accountant at
the consulting firm Alix Partners who served
as an expert witness at Mr. Jackson’s 2005
child molestation trial. “There were serious
issues with regards to his ability to meet
debt when it comes due.”

The deal, negotiated in Mr. Jackson’s suite
at the Burj Al Arab hotel, saved the singer
from bankruptcy. In return, Sony took greater
operational control of Sony/ATV and received
an option to buy half of Mr. Jackson’s share.

Despite earning hundreds of millions of dollars
over his lifetime, Mr. Jackson was well known for
having a mountain of debt, born of expensive
indulgences like the sprawling Neverland estate,
costly music and tour productions and art and
antiques buying sprees.

The estate still carries $400 million to $500
million in debt. Barclays holds about $300 million
of debt against the Jackson estate’s stake in Sony/ATV.

Jackson Assets Draw the Gaze of Wall Street - NYTimes.com

Click here: Article / Column excerpts by Firipo Carr
Sony, the One and Only:

But how did it come to be called "Sony/ATV Music Publishing"? Indeed, how exactly did Sony enter the picture? Actually,insofar as the details are concerned there's more than one version as to what happened.

So with that said who is it that isn't happy with this deal??

Now that they have tied the knot with Sony once again many questions arise as to what John Branca's real motivation is.

Michael despised Sony and was thrilled to be out of his deal He worked to keep himself clear of Mottola and all that he stood for and looked to gain from Michael Jackson...

So what is the real motivation behind Branca for the new deal that was just inked Branca has now positioned himself one step closer to achieving his goal... which is to take all in the Michael Jackson estate....

WHY ARE WE GETTING THE CONTINUED RUN AROUND ,IS THERE SOMETHING MORE..SO MANY SECRET'S ON THE OTHER END THAT COULD UTTERLY DETROY AND ARE BEING HELD OVER EVERYONE'S HEAD HERE???

IF SO, IT MUST BE TRUE THAT PELLICANO'S GREATEST STRENGTH IS GETTING PEOPLE NOT TO TALK?? IS HE GETTING READY TO TELL ALL?

STAY TUNED

5 comments:

  1. SORRY, but you are pathetic.

    mj is owner or almost sony ower
    second> his will has the wrong name. how the hell branca is representing him?? HELOOOO

    WHY DO U BELIEVE IN BRIAN OXMAN???
    THINK FOR A MINUTE: HOAX HONEY!
    THIS IS A HOAX!

    DO U BELIEVE IN KAREN FAYE?? HOHO SHE IS A LIAR!. READ HER WORDS.

    FOR GOD'S SAKE. WAKE UP!
    u are following the wrong thimgs!
    do u think MJ is doing it all, just because sony, or branca??? ohhhhh come on!!! welcome to the reality!!!
    this is too much to being only about MJ. and...what a coward isnt???

    PLEASE STOP IT NOW!
    WAKE UP

    ReplyDelete
  2. Twiggy you Know nothing, nothing! Hai rotto!

    ReplyDelete
  3. I'm tired of this legal stuff!

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  4. Court transcript May 13, 2005. Answers by witness (& former attorney of MJ) David LeGrand.

    21 RECROSS-EXAMINATION BY MR. AUCHINCLOSS (Prosecution):

    Q. As far as the John Branca and Tommy Motolla investigation by Interfor, Interfor never found any evidence that Mr. Motolla or Mr. Branca were engaged in any fraud with Mr. Jackson, did they?
    A. That’s correct. I had no evidence delivered with that report to substantiate those claims.

    Q. And in fact, that report only indicate that Sony was depositing money in some offshore account, apparently for Mr. -- on Mr. Jackson’s behalf, true?
    A. I’m not sure about the “Mr. Jackson’s behalf.” I would need to see the report.

    Q. Okay. But you have no reason to believe that any funds transferred to an offshore account by Sony, you have no reason to believe that those funds were somehow defrauding Mr. Jackson?
    A. I was given no credible evidence to support those charges. I would be doing Mr. Branca and Mr. Motolla a great wrong if I said otherwise.

    http://www.geniusmichaeljackson.com/court/Transcripts/Court%20Transcript%205%2013%202005.txt

    ReplyDelete