Latest on MJJC

MJ Bizniz news...let's keep it in this thread for months o come

Musicbiz news mix - billboard, variety, musicweek:

Sony/ATV secures admin deal with Hornsby

Sony/ATV has struck a worldwide administration deal with Grammy-winning songwriter Bruce Hornsby.

The long-term agreement covers work from his two-and-a-half-decade recording career, including the song The Way It Is, which topped the Billboard Hot 100 chart for Hornsby and his band The Range in December 1986, was named ASCAP song of the year and helped win him the Grammy award for best new artist.

Also included in the deal are the songs The End Of The Innocence, which he co-wrote with Don Henley, his first US hit Every Little Kiss, Mandolin Rain, which matched The Way It Is by becoming a Billboard adult contemporary number one, and The Valley Road whose parent album was named best bluegrass album at the 1989 Grammy Awards. He subsequently won a third Grammy in 1993 for Barcelona Mona, for best pop instrumental performance.


Sony/ATV co-president Danny Strick says, “Bruce Hornsby’s catalogue is a treasure of great songs written by one of the most important singer/songwriters in contemporary American music.We are very excited to work closely with Bruce and his manager John Scher in seeking new opportunities for his music in all possible ways.”

Hornby’s most recent album Levitate was released last September and was his first release for the Verve label.

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Gaga, Guetta help Sony top radio play
Music publisher tops market share again
By STEVE CHAGOLLAN

For the first quarter of 2010, and for the second quarter running, Sony/ATV Music Publishing claimed the No. 1 market share based on the 100 most-played songs on the radio, according to Nielsen BDS figures for the three months ended March 31.

According to the report published in Billboard, Sony controlled 19.5% of the marketplace, based on radio play from 1,504 radio stations in the U.S. The figure is a considerable improvement over Sony's tally from the same time period in 2009, when the company notched 16.9%, and reps an 11 percentage point bump above its overall performance in 2006.

Leading the charge for the publisher were top 10 hits by Lady Gaga ("Bad Romance"), who was the quarter's top songwriter, and David Guetta ("Sexy Chick"). The publisher also reps Taylor Swift, the quarter's No. 2 tunesmith.

Sony also finished atop Billboard's top 10 country publishers chart with a 14.7 share.

EMI Publishing finished second for the period with 18.9%, a boost from its 17.7% tally from the same period last year, while Warner/Chappell Music (12.5%) and Universal Music Publishing Group (12.3%) finished third and fourth, respectively.

In Billboard's survey, Sony/ATV -- a joint venture between Sony and trusts formed by the late Michael Jackson -- controlled 34 of the top 100 airplay songs. The venture has more than doubled its market share in just three years.

"We have such a great feeling of momentum right now, and it's a remarkable accomplishment to rank first for two successive quarters," Martin Bandier, chairman-CEO of Sony/ATV, said in a statement. "That success is a direct result of our team's hard work."

According to the music trade, the Harry Fox Agency in New York determines the publishers' split for each track to calculate their share of the songs.

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Kasabian, and the band's primary songwriter Sergio Pizzorno, have signed a worldwide publishing deal with Sony/ATV. Pizzorno had previously had a publishing deal with EMI.

Sony/ATV UK MD Rak Sanghvi says this: "I am thrilled to have concluded this deal and it is particularly pleasing that Serge and the band have chosen to come to Sony/ATV at such a vital juncture in their career; they are on the brink of worldwide fame and have chosen the Sony/ATV team as partners in achieving even greater creative and commercial success going forward".

Sergio added: "I'm really looking forward to the next couple of years with the band; we have a fantastic momentum going now and Sony/ATV Music Publishing feels like the right team for where we're going".

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McCartney Says EMI Keeping Beatles Off iTunes
By Antony Bruno, Denver

According to Paul McCartney, EMI Music is the reason there's no Beatles music for sale on iTunes.

"It's been business hassles, not with us, or iTunes," he told BBC Newsbeat. "It's the people in the middle, the record label. There have been all sorts of reasons why they don't want to do it."

The Beatles catalog is the largest, most glaring missing element of iTunes, which is the world's largest music retailer of any format today. McCartney in the interview added that he expects a deal to bring band's music to iTunes will happen "one day."

EMI meanwhile responded: "Discussions are ongoing. We would love to see The Beatles' music available for sale digitally."

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EMI faces bank takeover

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JPMorgan Shopping Bug Music
June 02, 2010 - Publishing

By Ed Christman

Bug Music, which has about $26 million in net publisher's share, is being shopped through an auction process, according to sources.

The company's proposed sale, first reported in this morning's New York Post, has already been through one round of bids, with second round offers due June 18, according to sources.

At least three bidders in the auction have made it to the second round, including Sony/ATV Music and the Warner Music Group. Other bidders are said to include Evergreen Copyrights, the Chrysalis Group and one financial firm that is new to the publishing music space, sources say.

The auction is being conducted by JP Morgan Chase on behalf of Bug Music. In September 2008, JP Morgan Chase was lead bank in a consortium that provided Bug Music with a $200 million credit facility.

According to sources, Bug Music has annual revenues of about $70 million, of which $26 million is NPS and about $14 million is overhead. That would leave about $12 million in earnings before interest, taxes, depreciation and administration. Sources say they expect Bug Music to be sold for $250 million to $300 million, which is a multiple of 10-12 times NPS. While the company's historical copyrights have solid EBIDTA, some executives familiar with the company say that Bug's more recent deals make the valuations tough, because their NPS is lower than the 10-12 NPS multiple being talked about for the overall company. Other aspects of Bug Music that made the deal tricky, according to sources, is that about 25% of its NPS comes through administration deals, which usually run for three to five years, and the company's debt, which it has accumulated through making acquisitions, sources say.

Bug Music, one of the world's biggest independent music publishers, was established in 1975 and houses 250,000 copyrights to songs including "What a Wonderful World," and "The Real Slim Shady." The company was formed by entrepreneur Dan Bourgoise.

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I’m With the Band(ier)

For the 25 students selected for the Bandier Program for Music and the Entertainment Industries each year, music is more than background noise when doing homework. It’s a lifestyle.

The Bandier program began three years ago, supported by a donation from Martin Bandier, Chairman and CEO of Sony/ATV Music Publishing, SU Trustee, and alum of 1962. Martin Bandier, professors of music, and management, and other SU grads designed the program. The program gives students with an interest in the music industry a balanced education that prepares them for a job in the highly competitive music entertainment industry.
 
#1 in US Market Share for Second Quarter
May 20, 2010

According to the most recent Publisher’s Quarterly edition of Billboard magazine (May 22, 2010), Sony/ATV Music Publishing secured the number one (#1) ranking for the second quarter in a row. According to Billboard, “Sony/ATV had a share in 34 of the top 100 songs, including five top 10 songs led by Lady Gaga’s “Bad Romance” at No. 2, “BedRock” by Young Money featuring Lloyd at No. 3 and “Sexy Chick” by David Guetta featuring Akon at No. 4.” Three of the top 10 songwriters of the quarter are signed to Sony/ATV including Lady Gaga (number one), Taylor Swift (number two) and RedOne (number five).

Sony/ATV also held the number one (#1) position as country publisher in market share. According to Billboard,

Sony/ATV garnered 14.7% of the country airplay chart.
Last quarter was the first time in the company's history that it held the number one position in US market share.

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Yoko Ono to Sony – Thank You
May 20, 2010

Yoko Ono thanked Sony Music Publishing (Japan) Inc. for making “All You Need Is Love” (Lennon/McCartney) the highest royalty-earning song from April 2009 to March 2010 at the Japanese Society for Rights of Authors, Composers and Publishers (JASRAC) Awards ceremony held this week in Japan. Ms. Ono’s taped video message also included her gratitude for people's appreciation of her late husband’s wish conveyed through the song. Sony Music Publishing won – for the first time ever – the "Best Foreign Composition” award for the John Lennon and Paul McCartney masterpiece.

“All You Need Is Love” earned the most royalties mainly from the broadcast of a TV commercial for NTT Docomo, the largest mobile communications company in Japan. JASRAC Awards are awarded based on the share of royalties contributed during a one-year period from year to year.

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Sony/ATV Sponsors NYC Creative Week
May 20, 2010

Sony/ATV continued its affiliation with The One Club as a sponsor of Creative Week, a New York City showcase that featured newly-signed pop/rock band Atomic Tom. The group won over the crowd with their high-energy performance and powerful, catchy songs.

Organized by The One Club, Creative Week is one of the premiere marketing festivals in the world, attracting the primary decision-makers from the advertising, brand and sponsorship communities. As a newly signed band, this event helped aggressively market Atomic Tom to the advertising/brand business communities.
 
Music publishers file copyright suit against LimeWire

(AFP)

A group of music publishers filed suit Wednesday against LimeWire, a popular online file-sharing service that has already been found liable for copyright infringement in a separate case.

Eight members of the National Music Publishers' Association (NMPA) filed a copyright infringement suit in US District Court for the Southern District of New York, the NMPA said in a statement.

They accused LimeWire of "copyright infringement of their musical works on a massive scale" and are seeking unspecified relief and damages.
"The pervasive online infringement facilitated by LimeWire and others like them has consequences for everyone in the music chain," NMPA president and chief executive David Israelite said....

"They have robbed every individual in that chain by selling their site as an access point for music and then refusing to properly license the music."
The suit was filed by EMI Music Publishing, Sony/ATV Music Publishing, Universal Music Publishing Group, Warner/Chappell Music, Inc., Bug Music, MPL Music Publishing, Peermusic and The Richmond Organization.

A US District Court judge last month ruled in favor of 13 music companies in another copyright case against LimeWire, finding the company and its owner Mark Gorton liable for copyright infringement and unfair competition.

The companies have asked the judge hearing the case to immediately freeze LimeWire's assets and said the company may be liable for damages totaling "hundreds of millions of dollars, or even billions."

LimeWire software was released in August 2000 and uses peer-to-peer, or P2P, technology to allow users to share music or other files over the Internet.

LimeWire is owned by the Lime Group, a New York-based company.

http://www.google.com/hostednews/afp/article/ALeqM5i3MgE7ZZpbqocL0y9BUP1ZYKjANA


Publishers Sue Limewire

By Ed Christman

...The just filed lawsuit claims the company, its CEO Mark Gorton and its CTO Greg Bildson have committed copyright infringement on a massive scale and the parties seeks equitable relief and damages, according to a press release issued by the National Music Publishers Assn.

The suit was filed by EMI Music Publishing, Sony/ATV Music Publishing, Universal Music Publishing Group, Warner/Chappell Music, Inc., Bug Music, MPL Music Publishing, Peermusic, and the Richmond Organization.

On May 12, U.S. Southern District Court of New York Judge Kimba Wood found that the company and its founder Mark Gorton committed copyright infringement, and faulted the company for unfair competition. That ruling was in response to a lawsuit filed by the RIAA and the major labels who filed suit to protect their master rights. At a June 7 hearing, the RIAA presented its case for forcing a permanent injunction. The result - LimeWire has two weeks to prepare its response to the RIAA's injunction request.

The publishers filed their related lawsuit in that same court today to protect songwriter and music publishing rights.

"The pervasive online infringement facilitated by LimeWire and others like them has consequences for everyone in the music chain," said National Music publishers Assn. president and CEO David Israelite. "Operations like LimeWire must understand the songs that make their illegal venture lucrative don't appear out of thin air.

"Behind every song is a vast network of people - a songwriter, a publisher, a performer, a record label. They have robbed every individual in that chain by selling their site as an access point for music and then refusing to properly license the music."

Israelite notes to Billboard.biz that the publishers’ lawsuit was filed because the RIAA and the majors cannot negotiate on behalf of the music publishers' rights. "To the extant that there is any settlement discussion, songwriters and music publishers should be a part of that" conversation, Isrealite says. "We felt that it was important to be involved in the discussions for the future."

He says the NMPA represents 2,544 music publishing companies who are responsible for the rights of hundreds of thousands of songwriters, who have a stake in those discussions.

Israelite also noted that the lawsuit against Limewire has been filed as the fifth anniversary approaches of the U.S. Supreme Court's landmark June 27, 2005 ruling that Grokster had violated copyright law. "While that was an important victory, it is clear that the war" to protect copyright law continues, Israelite says.

“We definitely want publishers at the table. We have had many promising meetings with labels, publishers, songwriters and artists alike about our new music service and a business model that will compensate the entire industry. Publishers are absolutely a part of that solution, and we’re hopeful that this action will serve as a catalyst to help us get to there,” said George Searle, CEO of LimeWire.

Billboard.biz
 
MsMo said:
Music publishers file copyright suit against LimeWire

(AFP)

A group of music publishers filed suit Wednesday against LimeWire, a popular online file-sharing service that has already been found liable for copyright infringement in a separate case.

Eight members of the National Music Publishers' Association (NMPA) filed a copyright infringement suit in US District Court for the Southern District of New York, the NMPA said in a statement.

They accused LimeWire of "copyright infringement of their musical works on a massive scale" and are seeking unspecified relief and damages.
"The pervasive online infringement facilitated by LimeWire and others like them has consequences for everyone in the music chain," NMPA president and chief executive David Israelite said....

"They have robbed every individual in that chain by selling their site as an access point for music and then refusing to properly license the music."
The suit was filed by EMI Music Publishing, Sony/ATV Music Publishing, Universal Music Publishing Group, Warner/Chappell Music, Inc., Bug Music, MPL Music Publishing, Peermusic and The Richmond Organization.

A US District Court judge last month ruled in favor of 13 music companies in another copyright case against LimeWire, finding the company and its owner Mark Gorton liable for copyright infringement and unfair competition.

The companies have asked the judge hearing the case to immediately freeze LimeWire's assets and said the company may be liable for damages totaling "hundreds of millions of dollars, or even billions."

LimeWire software was released in August 2000 and uses peer-to-peer, or P2P, technology to allow users to share music or other files over the Internet.

LimeWire is owned by the Lime Group, a New York-based company.

http://www.google.com/hostednews/afp/article/ALeqM5i3MgE7ZZpbqocL0y9BUP1ZYKjANA


Publishers Sue Limewire

By Ed Christman

...The just filed lawsuit claims the company, its CEO Mark Gorton and its CTO Greg Bildson have committed copyright infringement on a massive scale and the parties seeks equitable relief and damages, according to a press release issued by the National Music Publishers Assn.

The suit was filed by EMI Music Publishing, Sony/ATV Music Publishing, Universal Music Publishing Group, Warner/Chappell Music, Inc., Bug Music, MPL Music Publishing, Peermusic, and the Richmond Organization.

On May 12, U.S. Southern District Court of New York Judge Kimba Wood found that the company and its founder Mark Gorton committed copyright infringement, and faulted the company for unfair competition. That ruling was in response to a lawsuit filed by the RIAA and the major labels who filed suit to protect their master rights. At a June 7 hearing, the RIAA presented its case for forcing a permanent injunction. The result - LimeWire has two weeks to prepare its response to the RIAA's injunction request.

The publishers filed their related lawsuit in that same court today to protect songwriter and music publishing rights.

"The pervasive online infringement facilitated by LimeWire and others like them has consequences for everyone in the music chain," said National Music publishers Assn. president and CEO David Israelite. "Operations like LimeWire must understand the songs that make their illegal venture lucrative don't appear out of thin air.

"Behind every song is a vast network of people - a songwriter, a publisher, a performer, a record label. They have robbed every individual in that chain by selling their site as an access point for music and then refusing to properly license the music."

Israelite notes to Billboard.biz that the publishers’ lawsuit was filed because the RIAA and the majors cannot negotiate on behalf of the music publishers' rights. "To the extant that there is any settlement discussion, songwriters and music publishers should be a part of that" conversation, Isrealite says. "We felt that it was important to be involved in the discussions for the future."

He says the NMPA represents 2,544 music publishing companies who are responsible for the rights of hundreds of thousands of songwriters, who have a stake in those discussions.

Israelite also noted that the lawsuit against Limewire has been filed as the fifth anniversary approaches of the U.S. Supreme Court's landmark June 27, 2005 ruling that Grokster had violated copyright law. "While that was an important victory, it is clear that the war" to protect copyright law continues, Israelite says.

“We definitely want publishers at the table. We have had many promising meetings with labels, publishers, songwriters and artists alike about our new music service and a business model that will compensate the entire industry. Publishers are absolutely a part of that solution, and we’re hopeful that this action will serve as a catalyst to help us get to there,” said George Searle, CEO of LimeWire.

Billboard.biz
Click to expand...

what really bugs me about this, is that i hear commercials on the radio all the time about SOFTWARE companies that despise piracy of software, and are trying to recruit people, including radio listeners to help them look out for it, and stop it. these a holes are the ultimate hypocrites. they deserve to lose their software to theft, with this hypocrisy. at the very least, i hope they get sued right out of business for stealing from these publishing companies..especially, the one built upon the integrity of Michael Jackson.
 
Publishers sue LimeWire

Thursday June 17, 2010
By Eamonn Forde

Eight music publishers have taken legal action against LimeWire, accusing it of facilitating mass copyright infringement.

The coalition of publishers - including EMI, Sony/ATV, Warner/Chappell, Universal, Bug and Peermusic - are seeking up to $15,000 (£10,230) for each song infringed on the service.

The New York Times interviewed National Music Publishers' Association CE David Israelite about the timing of this action, coming as it does mere weeks after a federal court found LimeWire liable for copyright infringement.

“We want to be at the table for any discussions about settlements,” he said. “We're looking for more than cessation of infringement; we're looking for damages for all of the infringement done over the years.”

Last week, Music Week spoke to LimeWire CEO George Searle about the case. He claimed that the company was working on a new and legal music service that he saw as a “unique opportunity” for the music industry.

Details of what this service will look like are currently unclear but Searle suggested it “will have unrestricted downloading and streaming” and music on it will be “easy to use and easy to pay for”.

In the RIAA's action against LimeWire, it was reported that 93% of its traffic was made up of infringing content, its software has been downloaded more than 200m times and it has 50m unique users a month.

 http://www.musicweek.com/story.asp?sectioncode=1&storycode=1041554&c=1
 
Thank you so much for this thread & thank you for all those who contributed! Hopefully this thread can keep getting updated, we need this to counteract the media & others saying otherwise.
 
nenabunena said:
Thank you so much for this thread & thank you for all those who contributed! Hopefully this thread can keep getting updated, we need this to counteract the media & others saying otherwise.
Click to expand...

it doesn't seem to have worked to counteract much..people believe what they want to believe. but it's still here for the viewing.
 
this thread is really for fans... or potential fans...to remind them Michael is not a financial failure as the media wants people to think
 
MsMo said:
[/SIZE]
Jackson International LLC owns a part of Ticket.com Inc. Ticket.com Inc. is the second largest online ticket-seller.
Furthermore I can assure that Michael has some publicly not known companies in resorts and in the HI-Tech/Internet market, since he has to keep his name out of the records because of the press.

Michael is also a big shareholder of Sun International, which is the owner of Sun City in South Africa.

There are 4 hotels in Sun City and one of them is "The Palace of Lost City" which Michael owns completely.
Very few people know about that...

>>> The Palace of Lost City

PLUS founded sites a few years ago (some of them works some not):
michael-jackson.biz
michael-jackson.net
michael-jackson.org

michael-jackson-live.com (new)
michaeljackson-live.com (new)

thejackson5.com
thejackson5.net
thejackson5.org
thejacksonfive.com
thejacksonfive.net
thejacksonfive.org

thejacksons.com
thejacksons.biz

mjj.net
mjjmusic.net (mjjmusic.com redirects to MichaelJackson.com)
mjjproductions.com

michaeljacksonfanclub.com
themichaeljacksonfanclub.com
michaeljjackson.us
mjexclusive.com
mjj.ca

In addition MichaelJackson.com (owned by Sony) also heavily promotes the new website.​
The Palace of the Lost City
Developed by Sol Kerzner, the boxer-turned-businessman known locally as the "Sun King," who capitalized on South Africa's stern antigambling laws by situating Sun City in the then homeland of Bophuthatswana, Sun City is unlikely to bowl over anyone who's ever been to Vegas, but it continues to rake in visitors and Bollywood film crews who love its larger than life atmosphere. The resort is relatively easy to get around, with shuttle buses constantly moving from one end to the next. A "sky train" takes visitors without cars from the entrance to the entertainment center. Closest to the entrance are the Kwena Crocodile Sanctuary, Waterworld, and The Cabanas, followed by the tacky Sun City Hotel, Casino, and world-famous Gary Player Golf Club. Adjoining this club to the north is the more upmarket Cascades Hotel and Entertainment Centre, from where you enter the grounds of the Palace of the Lost City -- for most visitors, the star attraction.

The Palace was built 12 years after Sun City opened, and the sheer magnitude of its opulence is proof of the amount of money taken from those frequenting Sun City's slot machines and tables. Separated from the rest of the resort by "The Bridge of Time" -- a large stone structure that shudders and rumbles at preappointed times from a mythical earthquake, and is lined with a "guard of honor" of carved elephants -- the Palace is entered through the massive Mighty Kong Gates. Looking down on the rivers and jungle vegetation, it's hard to imagine that 15 years ago this was nothing but a dusty, rocky plain. From the bridge, you can clearly see the "Valley of Waves," where landlocked Gautengers learn to "surf" on simulated waves, tan on man-made beaches, and hurtle down steep waterslides, reaching speeds of up to 35kmph (22 mph; note that the Valley is closed in winter). In the distance, overlooking a lake filled with live flamingos, is the majestic Palace, with what seems like an entire jungle of carved animals in attendance. Surrounding the Palace is what must be the most artfully landscaped garden in Africa, featuring five trails through 22 different sections of forest. The theme (that of a "lost city" that has been rediscovered and restored) is sometimes carried to ridiculous extremes, but the craftsmanship is world-class; the fantasy landscape is quite overwhelming. With Michael Jackson a majority shareholder, things can only get weirder.​
The Palace of the Lost City

http://www.sun-city-south-africa.go2...com/palace.asp

"The Palace of the Lost City in South Africa ranks as one of the world's most extraordinary hotels. The centerpiece of the extraordinary Palace of the Lost City complex is a fairytale palace residence, built with unbelievable attention to detail. The interior features exquisite mosaics, frescoes and hand-painted ceilings depicting South Africa 's wildlife and culture. Hard to believe that this is all located in a remote part of South Africa!"

http://www.suninternational.com/Dest...ThePalace.aspx

95528_2_fsa-g.jpg

the_palace_of_the_lost_city_3.jpg

portfolio_77375067-3048-78A8-DBFB8C0E2522DBB1.jpg
The%20Palace%20of%20the%20Lost%20City%20Main%20Entrance%20evening.jpg

Palace-of-the-Lost-City-aerial480.jpg


+

06-25-2005
Official Michael Jackson Websites
Another research regarding Michael Jackson's official websites:

News and informations - MJJ Source - http://mjjsource.com
Licencing - MJ Licencing - http://www.mj-licensing.com
Merchandising - MJ Merchandising - http://www.mj-merchandising.com
Merchandising and Japán - MJ Japan - http://www.mjjapan.com
Charity - What More Can I Give - http://www.whatmorecanigive.com
Music - Sony/ATV Music Publishing - http://www.sonyatv.com
Music - MJJ Music - http://epicrecords.com/EpicCenter/mjj
Music - Michael at the Sony Music Entertainment - http://www.michaeljackson.com
Music - Number Ones combo pack - http://www.mjcombopack.com
Movie - Miss Cast Away And The Island Girls - http://www.misscastawaymovie.com
Clothing - MJ Brand - http://www.wakita-inc.co.jp/m_suit.html
Music - We Are The World - http://www.usaforafrica.org

************
Several trademarks

"Thriller-Video"
Related to the "Thriller" videoclip from 1985.
a96ec05b76.gif

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"Michael Jackson Signature"
This was a registered trademark until April 2007 in Australia (Triumph International Inc.)


41583521db.jpg

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"The World of Michael Jackson"
Official Michael Jackson fan club from 1987 (Triumph International Inc.)
logo3.gif

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"Michael Jackson"
Logo from 1987 (Triumph International Inc.)
logo4.gif

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"MJJ Productions"
Michael Jackson's production company from 1992 (MJJ Productions Inc.) Last year transformed into The Michael Jackson Company Llc.
logo5.gif

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"Michael's Pets"
Series of Michael Jackson merchandises from 1987 (Triumph International Inc.)
logo6.gif

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"Michael Jackson Official Logo"
Used as a Trademark since 1995 on almost every MJ stuff, it lost its trademark in EU and was sold at the auction in 2007
logo_small.jpg


Source: MichaelFanSK @ MJJB
Click to expand...

Great information! So Michael Jackson OWNS completely the PALACE OF THE SUN CITY? FOR REAL?
 
I wish to thank the posters who keep this thread updated. You do a wonderful job!!!! :clapping:
If I ever go to South Africa,
The Palace of the Lost City will be where I plan to stay.
Since he left us, I believe Michael Jackson has already been back there. It's a Palace fit for the King of Pop.
giveheart.gif


 
smart MJ. i see whatever scrap they could get, as little as it was, they sold it at auction. which furthermore proves that all that MJ did was smart. he could see the vultures and the media coming from miles away.
 
For more info about Sony/ATV:
lesliemjhu@gmail.com

- Sony/ATV and MiJac deal renewal means according to my information: MJ-ATV Publishing Trust (MJ 50% share in Sony/ATV Music Publishing) is under New Horizont Trust II. until December 10, 2012. MJ Publishing Trust (MiJac catalouge mostly) in uder New Horizon Trust III. until the same time. MJ set up these new trusts to get more money against his publishing assets. NHT II's debts are handled by Wells Fargo Bank, NHT III's debts by HSBC Bank and Plainfield Gaming II. Inc. The Estate already refinanced NHT III's debts (MiJac) as it's been reported in the media. These debts might be paid out around late next year, but no later then the end of 2012. What I knew about the refinancing of NHT II's debts (Sony/ATV) was that no later then September 27, 2010 the Estate has to pay off charlie Branca, because of he sold his share in the company. As I can remember it was like $20 million. This summer Estate sources confirmed in the media, that they are in negoitations about getting better terms for a possible renewal of the deal later this year. This all means that the Estate is paying back money on other dates and other installations.

- MiJac public performance agreement renewal: I read in a court paper that last November the Estate sat down with all the companies responsible for collecting MJ's public performance royalties and inked a better deal for the Estate. That included BMI (as for MJ's solo songs) and Warner (as for the MiJac catalouge) amongst others.

- The Estate paying off debts: As to my best knowledge, neither MJ or his Estate used the publishing assets against any loan we didn't knew about. That's what official papers says as well. The amount used to be said between $270-$320 million. According to an Estate leaked information this Summer, the MiJac loan will be repaid no later than the end of 2011. That means $70 million off. We have no official information on the Sony/ATV loan. What we know is that according to an agreement made in December, 2005 MJ agreed to repay the loans from the catalouge's yearly incomes. Back then it meant like $40 million annually. What we know for sure, that MJ relied on different people in the last 4 years of his life in financial matters. There is no way that he would live off $40 million every year while being the guest of the Bower, Oman royal families, living with a family in New Jersey and lately using the money from the AEG deal. According to some information the Sony/ATV incomes were splitted between him and the banks like $10 and $30 millions. If this is true, then since 2005 MJ and his Estate had to pay off like $120 million of the debts, leaving like $80 million unpaid. But. In 2007 Sony/ATV bought the Famous Music catalouge for $400 million. According to sources, the original 1995 Sony-MJ agreement said that MJ has to pay half of the cost of any such purchases. This is why MJ's Sony/ATV debt might be still around $280 million.
Click to expand...
 
:hacker: Sony/ATV Debt Has Been Renegoiated!

The MJ Estate deals with two major debts, the first one has been renegoiated late last year and will be paid off late next year.

The other debt that MJ took against his 50% stake in the Sony/ATV Music Publishing LLC has been just renegoiated! According to the documents dated for September 15, 2010 Wells Fargo Bank will handle the debts in a complicated agreement between the two parties and various Sony entities.

These debts will be paid off no later than 2015!

---------

:hacker: Business Entities Updates

Below you may see a list of the active companies controlled by the MJ Estate:
- The Michael Jackson Company LLC (active in Delaware; owns some intellectual property starting with 2006).
- MJJ Productions Inc. (active both in California and Delaware; owns some intellectual property prior to 2006; MJ's production company between 1979-2006).
- MJJ Kingdom Inc. (active both in California and Delaware; it's profile is unknown, created in the "Tohme era").
- MJJ Legacy Inc. (active in Nevada; it's profile is unknown, created in the "Tohme era").
- Fire Mountain Services LLC (Active in California; owns some intellectual property frtom the "Schaffel era").
- MJJ Records LLC (active both in California and Delaware; owns releases under MJJ Music with Sony).
- MJJ Ventures Inc. (active in California; owns certain MJ musical video rights).
- Optimum Productions Inc. (active in California; owns some MJ musical video rights).
- TTC Touring Inc. (active in California; owns some MJ concert footages).
- Triumph International Inc. (active in California; owns most of the MJ intellectual properties since 1984).
- MJ Licensing LLC (active in Delaware; owns some intellectual property in Europe partly owned by the Estate).
- Nation Comics LLC (active in California; owns some intellectual property).
- SEE Virtual World MJ LLC and SEE Virtual World MJ Operations LLC (Active in California; virtual games partly owned by the Estate).
- Jackson International LLC (active in Californai; owns some old MJ business ventures).
- Sony/ATV Music Publishing (active in Delaware; MJ appointed Joel Katz as his representative in the company; owns publishing rights to other artist),
- MJ Publishing Trust (active in Delaware; owns publishing rights to most of MJ's songs through MiJac Music and other artists).
- New Horizon Trust I. (activce in Delaware; holds publishing rights against debts.)
- New Horizon Trust II. (activce in Delaware; holds publishing rights against debts).
- New Horizon Trust III. (activce in Delaware; holds publishing rights against debts).
- Sycamore Valley Ranch Company LLC (Active in Califorina. The Estate owns 50% of Neverland through this company).

Some interesting changes:
- MJJ Productions Inc. is active again in California.
- MJJ Legacy Inc. is active again in Nevada.
- Nation Comics LLC has been activated.
 
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Rasta Pasta said:
or

with MJ it's called 'debt'. with other rich people, it's called investments...
Click to expand...

absolutely. that's what i meant. the word 'leverage' doesn't come across well, in this case. perhaps i should have used the word investments. i know the word 'leverage' usually means 'advantage', but, in this case, i should have chosen my words differently. indeed, people were always attracted to workin with MJ, knowing that his investments were solid and reliable. no bank can ever resist a timeless song investment. no matter what the media says. that's why people wanted to take the catalogue from him. the media fantasized about having those catalogues, themselves, because they knew he wasn't in debt. if they really thought he was in debt, they wouldn't salivate over the catalogues so much, because they wouldn't see them as having any value. that's why the media always liked to use the 'media prediction' syndrome, in hopes that it would have the power to program someone to be successful in taking the catalogues from him. hence all the 'he should sell the catalogue' stories that the media loved to circulate. well..the media couldn't compete with what MJ had going for him. the investments are secure in the MJ estate.
 
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Music Industry is in love with Glee

Many in the music industry look upon Glee with, well, glee. They look at the show as a money maker, which rarely comes around. It is a show that is able to combine mediums, TV with song and one as popular as this is the perfect vehicle to sell music, both new and old.

The show is owned by Sony/ATV, which also owns much of the song books of Lennon/McCartney, Bruce Springsteen, Taylor Swift, and Lady Gaga. Although they own quite a bit of music, they still have to pay to use music from other labels all the time. But this is money well spent. Glee covers have been on the Billboard Hot 100 more than Beatles. That is certainly nothing to scoff at.

Between having people watch for the storyline, the tunes, buying the music, buying the episode, going to their concerts, the list goes on. But it’s easy to see how Glee can make those close to the show a very happy crowd.

http://cdinsight.com/news.php?readmore=7115


'Glee' Is A 'Goldmine' For The Music Industry, Experts Say

' 'Glee' is a total game changer,' one expert tells MTV News.

..."A show like 'Glee' only comes along once in a blue moon, and it's just such a great platform for our copyrights," added Wende Crowley, vice president of film and TV music for publisher Sony/ATV, which controls not only the bulk of the Lennon/McCartney songbook, but also the songs of Bruce Springsteen, Taylor Swift and Lady Gaga, to name just a few. "It's not only embraced artists like Gaga, who are so huge in the collective consciousness, but it's breathed life into older songs too. It's been an amazing opportunity to work with them, and you wish more shows like it would come out each year. 'Glee' is a total game changer."

http://www.mtv.com/news/articles/1649855/20101012/story.jhtml
 
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In regards to my previous post on ownership of the Glee franchise, I'm not certain that Sony/ATV is actually the owner along with Sony Music Entertainment (SME), just because they are partners in Sony/ATV, or rather they're just under the same umbrella/division of SME. Either way, it's for certain that they will use the music under that umbrella whenever possible. :cheeky:

Review of Operations

MUSIC

Sony’s music business consists of Sony Music Entertainment
(SME), which operates worldwide outside of Japan, and Sony
Music Entertainment (Japan) Inc. (SMEJ), which operates in
the Japanese market, as well as our music publishing joint
venture, Sony/ATV Music Publishing (Sony/ATV).

Amid a music market in transition, SME focused on
developing both well-known and emerging recording artists,
claiming eight of the Top 20 global albums for calendar year
2009, including the global industry’s top-selling title from
Susan Boyle.

While the overall industry’s physical (CD) business
continued to decline, SME experienced market share gains in
physical sales of new releases and catalog albums, driven by
strong demand for CDs from artists such as Susan Boyle and
Michael Jackson.

SME’s continuing dedication to great artistry also yielded
strong sales from Beyoncé, the Glee franchise, Whitney
Houston, Ke$ha, Alicia Keys, Kings of Leon, Leona Lewis,
Maxwell, P!nk, Sade and Carrie Underwood. This past year
saw widespread award recognition for SME artists as well,
including at the 52nd Annual GRAMMY® Awards, where
Beyoncé won six awards—the most ever won by a female
solo artist in a single year—and SME artists took home a total
of 38 awards.

SMEJ also recorded a number of hits from a variety of
artists in fiscal year 2009, led by Michael Jackson, as well as
established artists including ikimono-gakari, Miliyah Kato and
JUJU. In addition, a number of young artists, including Kana
Nishino, Yusuke and JASMINE, debuted and recorded hits for
SMEJ. As a result, SMEJ increased its market share and held
onto the number one position in the Japanese market.

Although overall industry growth for digital media slowed in
part due to contraction in the ringtone business in the United
States and other territories around the world, SME posted
market share gains in its U.S. digital business.

U.S. market share

SME
28.6%
EMI
9.2%
Other
11.4%
Universal
30.2%
Warner Bros.
20.6%

In addition, SME increased the number of digital retailers
offering music from its artists and expanded the ways
consumers can acquire and experience music through buyto-
own, subscription and ad-supported models.

The last year also saw the launch of VEVO, a joint venture
initiative between SME, Universal Music Group and Abu Dhabi
Media Company, offering a premium environment for music
videos powered by Google’s YouTube. Since its introduction
in December, VEVO has been ranked by comScore Media
Metrix as the most popular entertainment-music online
destination in the United States.

SMEJ continues to focus heavily on digital distribution,
with the Chaku-Uta® and Chaku-Uta Full® master ringtone
download services continuing to perform well.

SME continues to diversify across a wide variety of other
new businesses and distribution platforms including television,
touring, sponsorships and merchandising. In January, SME
announced a new long-term global joint venture with Simon
Cowell, Syco, focused on the production and exploitation of
music, television, film and digital content. The new venture
includes the global TV franchises The X Factor and Got Talent,
as well as content from superstar artists such as Leona Lewis,
Susan Boyle and Il Divo.

In the spirit of Sony United, SME partnered with sister
company, Sony Pictures Entertainment, on Michael Jackson’s
THIS IS IT, a special event motion picture that set box office
records around the world, and a companion album featuring
the music that inspired the film, which topped the music
charts. SME also provided marketing and promotion support
for Kenny Chesney: Summer in 3D, the new concert film
project from Chesney and The Hot Ticket, Sony Pictures’ live
events label.

With 2010 off to a strong start with current and new
releases from AC/DC, the Glee franchise, Jimi Hendrix, Ke$ha,
Alicia Keys, Monica, Sade and Usher, among others, SME
will continue to foster great artistry and work to maintain and
enhance its leading position in the global music business in
the year ahead.

Sony/ATV Music Publishing

... By focusing on signing artists and acquiring catalogs,
Sony/ATV, for the first time in the company’s history, was
ranked number one in U.S. market share*9 for the last quarter
of calendar year 2009. This achievement is particularly
noteworthy given that Sony/ATV was ranked fifth in market
share just a few years ago.

*9 U.S. market share is based on the amount of radio airplay that Sony/ATV controlled songs receive in a given period.

Also in calendar year 2009, Sony/ATV Music Publishing
was named the American Society of Composers, Authors
and Publishers (ASCAP) Pop Publisher of the Year for the first
time in the company’s history—one of the industry’s most
prestigious and competitive awards.

http://www.sony.net/SonyInfo/IR/financial/ar/8ido18000003dkyy-att/SonyAR10-06.pdf
 
Michael Jackson Out-Earns Lady Gaga, Beyonce, Madonna And Jay-Z, Combined

Lady Gaga banked an estimated $62 million last year from concert tickets, album sales and a collection of pricey endorsement deals; Jay-Z raked in $63 million while his wife Beyonce grabbed $87 million; and Madonna, the original Material Girl, earned $58 million.

Impressive, until you consider Michael Jackson, the late King of Pop, pulled down $275 million – more than all four artists combined.

He even managed to bank more loot than U2 and AC/DC combined with $275 Million in the last 12 months.

The Superstar raked in many millions from his lucrative Sony/ATV catalog , hit film This Is It and renewed fan interest in music, videos and all things Michael Jackson.

The King of Pop earned more than the combined total of all of the other top 12 late greats as well.

1. Michael Jackson - $275 million
2. Elvis Presley - $60 million
3. J. R. R. Tolkein - $50 million
4. Charles Schulz - $33 million
5. John Lennon - $17 million
6. Stieg Larsson - $15 million
7. Dr. Seuss - $11 million
8. Albert Einstein - $10 million
9. George Steinbrenner - $8 million
10. Richard Rogers - $7 million
11. Jimi Hendrix and Steve McQueen - $6 million each
12. Aaron Spelling - $5 million

http://blogs.forbes.com/laceyrose/2...nd-jay-z-combined/?boxes=financechannelforbes

http://www.singersroom.com/news/6411/Michael-Jackson-is-Top-Earning-Dead-Entertainer
 
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pytUneck_sm.jpg
smoothcriminal_med_sm.jpg


Website Launch Announcement: Lyric Culture Unveils New E-Commerce Site

About Lyric Culture Lyric Culture is a music-driven premium lifestyle brand involving lyrical content on apparel, jewelry and accessories. The company has licensing deals with the largest music publishing companies in the world including EMI, , Sony/ATV and Disney Music Publishing to name a few and has secured the rights to utilize lyrics made famous by The Beatles, The Rolling Stones, Janis Joplin, David Bowie, Marvin Gaye, and many more. Lyric Culture is currently distributed at Bloomingdale's, Nordstrom and specialty boutiques in the United States as well as in Australia, Germany, Austria, Switzerland, Canada and the United Kingdom. The company also distributes a sleepwear collection at Victoria's Secret.

http://www.tradingmarkets.com/news/...ture-unveils-new-e-commerce-site-1265336.html

http://www.lyricculture.com/product...cts_id=1218&osCsid=vr0u1hfks037s1fk1o78ff09s6
 
Getty Images and Sony/ATV Music Publishing Sign Distribution Partnership


Sony/ATV's Expansive Spin City Library to Be Made Available to Customers Worldwide Through Getty Images Leading Platform


NEW YORK, Oct. 28 /PRNewswire/ -- Getty Images, Inc., a leading creator and distributor of digital media, today announced an agreement with Sony/ATV Music Publishing, the renowned music publishing company, to license and distribute its expansive Spin City library of R&B, soul, jazz, urban, hip hop, classical and orchestral music. Custom created for Sony/ATV by some of the leading producers and session players in New York City, the pre-cleared Spin City library is available to Getty Images' customers at www.gettyimages.com/Music for commercial licensing in broadcast and film production, motion pictures, advertising, websites and other new media.
"With the addition of the Sony/ATV Spin City catalog, Getty Images continues to strengthen its position in the global media environment as a leading digital media content provider," says Jonathan Klein, Co-Founder and CEO of Getty Images. "This partnership enables us to support our customers' growing demand for premium music content."

"Sony/ATV recognizes that there is tremendous opportunity for growth in the commercial market through innovative digital media channels," says Martin Bandier, Chairman and CEO of Sony/ATV Music Publishing. "Getty Images' powerful distribution platform and leading multimedia licensing model enables Sony/ATV to further reach these new audiences. "

Renowned for its leading collections of digital media content, Getty Images' extensive music offering contains a growing collection of over 100,000 pre-cleared original music tracks by some of the world's best independent artists and bands for use in broadcast and film production, advertising and other media projects. The new Sony/ATV collection joins Getty Images' existing Pump Audio and Premium Playlist catalogs music from major and independent recording artists, music publishers, and management companies.


About Getty Images
Getty Images is a leading creator and distributor of still imagery, footage and multimedia products, as well as a recognized provider of other forms of premium digital content, including music. Getty Images serves business customers in more than 100 countries and is the first place creative and media professionals turn to discover, purchase and manage images and other digital content. Its award-winning photographers and imagery help customers produce inspiring work which appears every day in the world's most influential newspapers, magazines, advertising campaigns, films, television programs, books and Web sites. Visit Getty Images at www.gettyimages.com to learn more about how the company is advancing the unique role of digital media in communications and business, and enabling creative ideas to come to life.


About Sony/ATV Music Publishing
Sony/ATV Music Publishing was established in 1995 as a joint venture between Sony and trusts formed by Michael Jackson. Sony/ATV Music Publishing owns or administers over 750,000 copyrights by such artists as The Beatles, Beck, Brooks & Dunn, Leonard Cohen, Neil Diamond, Bob Dylan, Fall Out Boy, Lady Gaga, John Mayer, Joni Mitchell, Graham Nash, Willie Nelson, Roy Orbison, Linda Perry, Richie Sambora, Kraftwerk, Shakira, Taylor Swift, Wyclef Jean, Hank Williams, and Diane Warren, among others. Sony/ATV recently acquired both the Leiber Stoller and Famous catalogues.
On the web: www.sonyatv.com.

For further information, please contact:

Jodi Einhorn

Getty Images, Manager, Public Relations

T: 646 613 4121 E: jodi.einhorn@gettyimages.com



Jimmy Asci

Sony/ATV Music Publishing

T: 212 833 4513 E: Jimmy.Asci@sonyatv.com

http://www.prnewswire.com/news-rele...-sign-distribution-partnership-105992683.html
 
Sony Music Revenues Drop 11%
October 29, 2010

<table align="left" border="0" cellpadding="0" cellspacing="0"></table>By Glenn Peoples

Sony Music's revenue dropped nearly 11% in Sony's fiscal second quarter ended September 30, 2010, showing just how much Michael Jackson contributed to the company's 2009 performance. Revenue was $1.33 billion and operating income was $98 million.

In the last two years Sony Music's revenue has dropped about 12.7% even though revenue sank 11% in just the last 12 months. To gauge Sony's performance outside of the extraordinary sales after Jackson's death in June 2009, it's best to compare Sony Music's most recent quarter to the same period in 2008. In that year, Sony BMG's fiscal second quarter revenue was $1.52 billion and Sony's half was $762 million. (Sony completed its acquisition of BMG Music in October 2008, after the end of Sony's fiscal second quarter of 2008.)

The yen's appreciation against the U.S. dollar explained nearly half of the drop in most recent quarter. On a local currency basis, Sony Music's revenue dropped 6% compared to the same period in 2009.

In the first six months of Sony's current fiscal year, revenue is down 5.2% and operating income is up 11.4%.

http://www.billboard.biz/bbbiz/content_display/industry/e3if5ddbe1f0bbd42ecc217a4dd3d18e3aa

by Peter Kafka

Michael Jackson was such a huge star that he was able to stop the music industry&#8217;s perpetual slide: In the aftermath of his death last year, sales perked up at Sony&#8217;s music arm, which puts out the singer&#8217;s catalog.

But there&#8217;s no star big enough to permanently stop gravity. Now that Jackson sales have come back to earth, Sony reports that last quarter&#8217;s sales dropped another 10.8 percent, or a mere 6 percent if you strip out the effect of currency fluctuations. Operating income dropped 6.1 percent.

Sony plans to release more Jackson this year, so perhaps it can wring out another bump.

http://mediamemo.allthingsd.com/20101029/michael-jackson-cant-help-sony-music-any-more/
 
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Zipbox Media Signs Deal With Stetson, SONY/ATV

Stetson&#8217;s Look Book Projects Feature New Artists and Songs From Sony Catalog

Nashville, Tenn. (Vocus) November 2, 2010
ZIPBOX Media, a leading innovator of digital media distribution, has signed an agreement with Stetson and Sony/ATV to provide its technology services for Stetson&#8217;s fall 2010 Look Book projects.

ZIPBOX designed http://www.stetsonlooks.com, which features interviews and music videos by the artists Erin McCarley and The PawnShop kings, a free download of the artists&#8217; featured songs, and a secure store for viewers to purchase Stetson apparel and accessories worn by the artists in their videos.

&#8220;We chose to use ZIPBOX because of their combination of music industry experience and technical know-how,&#8221; said Aaron Mercer, senior director of licensing and marketing, Sony/ATV Music Publishing. &#8220;From the original nugget of our idea, through development of the website and execution of the program, they made the process extremely easy for us and our client.&#8221;

The Look Books are available through http://www.stetsonlooks.com, http://www.stetson.com and Stetson&#8217;s Facebook page. McCarley features a rendition of Hank Williams&#8217; &#8220;I Saw the Light,&#8221; and The PawnShop kings cover The Beatles&#8217; &#8220;Revolution.&#8221; Using the ZIPBOX Media digital distribution platform, visitors to the Stetson Looks site are able to download both songs free, and purchase the Stetson pieces worn by the artists in the videos through a secure online store.

About ZIPBOX Media: ZIPBOX Media is a Web-based media distribution and management vehicle that enables individuals and companies to display, sell and distribute their digital media easily and inexpensively without the need for third-party support or applications. Designed for both novice and advanced users, ZIPBOX includes a customizable website, digital media catalog, secure shopping cart and secure file downloader, as well as accounting and sales reports, marketing components, and integrated e-mail. Visit http://www.ZIPBOXMedia.com for more information.

About Stetson: From its founding by John B. Stetson in 1865 to this day, Stetson has remained true to its heritage and to the timeless standards it represents. Stetson hats continue to encapsulate the finest values, eloquently expressing them in styles ranging from authentic Western wear to sturdy actionwear, to contemporary streetwear for men and women.

About Sony/ATV Music Publishing: Sony/ATV Music Publishing was established in 1995 as a joint venture between Sony and trusts formed by Michael Jackson. Sony/ATV Music Publishing owns or administers more than 750,000 copyrights by such artists as The Beatles, Beck, Brooks & Dunn, Leonard Cohen, Neil Diamond, Bob Dylan, Fall Out Boy, Lady Gaga, John Mayer, Joni Mitchell, Graham Nash, Willie Nelson, Roy Orbison, Linda Perry, Richie Sambora, Kraftwerk, Shakira, Taylor Swift, Wyclef Jean, Hank Williams, KT Tunstall, and Diane Warren, among many others.

# # #

http://www.prweb.com/releases/sellyourmusiconline/sellyoursongsonine/prweb4715934.htm
 
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