Sunday, February 7, 2010

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



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 to take all from Michael Jackson.

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 Motolla
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

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

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

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??
WAS BRANCA REHIRED? OR WAS BRANCA INSTRUCTED IE:
3rd PARTY, ETC..STAY ON... FINISH THE JOB?

Pellicano and Fields walked while Branca and Weitzman stayed on and now are looking to take all.

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

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 % 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, now even without
preeceding before a judge from the Feb 3rd hearing the judge
approved their demand ...10% and the ability to green light deals w/out the courts approval on behalf of the estate.

WHAT IS BECOMING OF THE MICHAEL JACKSON ESTATE?? WILL WEITZMAN/BRANCA TAKE ALL???

STAY TUNED

3 comments:

  1. If Michael had a problem with John Branca he would not have been having a business meeting with him at the FORUM rehearsals on June 17th 2009. The point of the meeting was to discuss working together again. That does,nt seem to me that Michael had any issue with Branca and it also suggests that anything from 2003 was resolved. So it would be interesting how anyone can explain that. That was just 8 days before his death.

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