New interview with Tom Barrack - Monetizing the Celebrity Meltdown

Net present value of Neverland = Total Loan value +fixed interest spread over number of years calculated on today's value.
Assuming Net present value of Neverland is $70M and
Michael's estate owns 50% and Colony owns (Tom Barrack) 50%, and
if the estate can generate more than $270M to meet some other finainclal obligation & this for 2011, the estate can buy back
Tom Barrack's share.
 
They just added this to the article:

''The original version of this article stated that Jackson had not released an album in 13 years. He released Invincible in 2001. It also should have been stated that the agreement he made with the Prince of Bahrain was for a two-album recording contract, a stage show, and an autobiography, not catalogue rights.''

http://nymag.com/news/business/69782/index5.htmlSee More
 
Made me feel a bit nauseous really...I always knew Michael Jackson at the end of the day was a brand name and an asset but to think that there are people out their ca$hing in on a person now passed away, thanks to michael's talent and sheer hard work over the years a bunch of mofos are cutting deals ....

sickening. guess it is what it is.
 
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