troubleman84
Proud Member
I don't know if this was the start of his "businessman career" but I do believe when you start musical publishing firms and production companies that's when you start doing "business" per se.
In 1976, MJ formed MiJac Music, two years later, he and Randy formed Miran Publishing, Jackie had his own publishing too, Siggie Music.
In 1980, the Jacksons formed Peacock Productions. Joseph Jackson had started Joseph Jackson Productions around the same time.
So MJ probably did know a bit before hearing about buying stock from other musicians. So after he fully established him as a musician, he and his attorney looked at what was the most valuable thing to buy and that was the Northern Songs/ATV catalog, which just happened to include 200 of the Beatles' songs but they had other songs in there by other artists. I hate it now how people keep referring to it as "The Beatles catalog" when it's not, the only reason they call it so is because the Beatles signed rights to some of their songs to Northern Songs in 1969 after settling a lawsuit.
MJ also bought the South Carolinian state anthem, I forget what year. I don't know if he gets a lot of money for that but sensing it's a state song he probably does own a lot of stock on it. I wonder which of the catalogs it's under?
MJJ Music could've worked out had MJ moved the label to another distributor and not through Epic. Because it did have some success but at the end it fell out of favor as did the artists who signed with them (3T, Brownstone, etc.).
In 1976, MJ formed MiJac Music, two years later, he and Randy formed Miran Publishing, Jackie had his own publishing too, Siggie Music.
In 1980, the Jacksons formed Peacock Productions. Joseph Jackson had started Joseph Jackson Productions around the same time.
So MJ probably did know a bit before hearing about buying stock from other musicians. So after he fully established him as a musician, he and his attorney looked at what was the most valuable thing to buy and that was the Northern Songs/ATV catalog, which just happened to include 200 of the Beatles' songs but they had other songs in there by other artists. I hate it now how people keep referring to it as "The Beatles catalog" when it's not, the only reason they call it so is because the Beatles signed rights to some of their songs to Northern Songs in 1969 after settling a lawsuit.
MJ also bought the South Carolinian state anthem, I forget what year. I don't know if he gets a lot of money for that but sensing it's a state song he probably does own a lot of stock on it. I wonder which of the catalogs it's under?
MJJ Music could've worked out had MJ moved the label to another distributor and not through Epic. Because it did have some success but at the end it fell out of favor as did the artists who signed with them (3T, Brownstone, etc.).
, however my point is this, last year Elvis Presley made $52 million in the past year and he's dead. If MJ was so great then he'd be making this type of money now whilst he's alive like many big names such as Madonna, Justin Timberlake (earning $44 million in 2007), P.Diddy, Jay-Z, Sir Paul McCartney etc, as Michael Jackon is better than all of them IMO.
