Kapital77;3102433 said:I know Friedman has good sources about all the Cascio songs and it´s sure that he help Cascio to sell the songs to Sony/Estate:
5/2/2010:
"That deal does not include newly discovered material. This could mean that other record companies could bid for the collection of songs."
I think that these words were a direct arrow to Sony, to hurry up to buy the Cascio tracks and to avoid other record companies could buy it.
!!! FRIEDMAN LOVES CASCIO, LOVES MONEY, LOVES MJ AND NOW.... LOVES SONY !!!
Let me tell you the major problem with this theory (forcing Sony to buy these songs before the other record companies buy it)
Michael Jackson's name , image, likeliness, copyrights and trademarks are owned and managed by the estate. No record company can put out an album with MJ's name and songs on it without the approval of the estate. (Edited to add: I believe Motown has some control over old Jackson 5 materials so the estate might not have a say on that)
So no company would spend millions on songs that they couldn't release. So the record companies bid would be with the estate for a record deal and not with songwriters etc for songs. And we know that Sony secured their position with the deal they made so other record companies are out of the picture.
And Sony/Estate didn't have to buy or use those songs if they were that bad or unusable - like I said as Michael is listed on the copyright, Cascio/Porte wouldn't be able to sell or release these songs in any other way.