BillieJean84
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Dec.14-20: Social Networking Plots & Underdog Winners
Posted Fri Dec 18, 2009 6:01pm PST by Billy Johnson, Jr. in That's Really Week
If it is true, that any press is good press, then are quite a few folks in the music business who should be happy about the media spotlight shown on them this week.
The approach of year's end ushers in sadness as we remember the loss of the Michael Jackson, who died in June. Jackson's fans showed their support of his works, and spent a lot of money doing it.
According to reports, Jackson's estate is believed to have earned $100 million. While that is a good figure, there's a bit of an issue. The estate's administrators, lawyer John Branca and music business veteran John McClain, have reportedly not been paid.
The administrators filed court documents Tuesday on behalf of themselves and estate attorneys seeking five percent of the earnings. They have not been paid since Jackson died on June 25, AP reports.
In a hearing scheduled for January 4, Los Angeles Superior Court Judge Mitchell Beckloff will determine the amount to be paid to the administrators.
The lapse in payment has posed a hardship for many of the attorneys, some of which have worked up to 14 hours a day on the case. The filing asks the judge to make a decision as soon as possible.
Their payments won't include proceeds anticipated from the tribute concert Jackson's brother Jermaine was organizing. The event has been canceled.
The celebration scheduled to be held in Vienna this past fall and originally listed Mary J. Blige, Chris Brown and Natalie Cole as performers, was called off in September due to poor organization.
The concert was rescheduled for London, but was terminated when the company organizing the event shut down.
Martin Schneider
http://new.music.yahoo.com/blogs/th...4-20-social-networking-plotsunderdog-winners/
Posted Fri Dec 18, 2009 6:01pm PST by Billy Johnson, Jr. in That's Really Week
If it is true, that any press is good press, then are quite a few folks in the music business who should be happy about the media spotlight shown on them this week.
The approach of year's end ushers in sadness as we remember the loss of the Michael Jackson, who died in June. Jackson's fans showed their support of his works, and spent a lot of money doing it.
According to reports, Jackson's estate is believed to have earned $100 million. While that is a good figure, there's a bit of an issue. The estate's administrators, lawyer John Branca and music business veteran John McClain, have reportedly not been paid.
The administrators filed court documents Tuesday on behalf of themselves and estate attorneys seeking five percent of the earnings. They have not been paid since Jackson died on June 25, AP reports.
In a hearing scheduled for January 4, Los Angeles Superior Court Judge Mitchell Beckloff will determine the amount to be paid to the administrators.
The lapse in payment has posed a hardship for many of the attorneys, some of which have worked up to 14 hours a day on the case. The filing asks the judge to make a decision as soon as possible.
Their payments won't include proceeds anticipated from the tribute concert Jackson's brother Jermaine was organizing. The event has been canceled.
The celebration scheduled to be held in Vienna this past fall and originally listed Mary J. Blige, Chris Brown and Natalie Cole as performers, was called off in September due to poor organization.
The concert was rescheduled for London, but was terminated when the company organizing the event shut down.
Martin Schneider
http://new.music.yahoo.com/blogs/th...4-20-social-networking-plotsunderdog-winners/
