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TONI BRAXTON TALKS MONEY, MICHAEL JACKSON & MORE!
THE FACTS
Excerpts from Toni Braxton’s recent interview with Lime magazine have been released.
THE SPIN
When people have albums to promote they get to talking. When people who haven’t had a hit in years (no shade) have an album coming out, they really get to talking. That said, Toni Braxton had a very candid interview with London’s Lime magazine in which she discussed her finances and those of other artists, her connection to Michael Jackson, and some little known facts about her biggest hits.
Excerpts below:
Your bankruptcy was very messy and highly publicized at the time – what happened?:
The bankruptcy was a good thing in a way as it allowed me to help other artists. For example my case was made public like that because I was at the pinnacle of my career but Usher, TLC, NSYNC were going through it but no one really knew – they only knew about me and TLC, so the girls tend to be made an example of. When you file bankruptcy it means all your contracts are null and void, the reason my case was made as public as it was is because that meant my music would be null and void, so the record company was fighting that. The second thing that a lot of people don’t know about is my royalty statement at that time was just under two thousand dollars. For 10 years I couldn’t talk about it because there was a gagging order but now my 10 years has passed and I can say what happened. So imagine I’m on tour with UnBreak My Heart and I get my royalties statement and its one thousand and nine hundred plus dollars!
How did you feel about having such a private matter out in the public domain like that?
Yes it is a very private matter but I was to be made an example of. My situation went to congress because they wanted all artists who file for bankruptcy in the future to have rights. As it was when you file bankruptcy all contracts are made null and void except recording artists so my case was to be made the example.
Did all of this take a big toll on your health?
Yes over a period of time I think it did. I think going through the court thing and then going through getting out of my deal with Blackground and then the stress of my son having autism, it really did beat my body up a little bit and then that’s when I got ill last year.
Was that experience the dark side of fame for you?
Probably yes that was the dark side but right now my husband and I are separated so it’s dark once again. We’re fine, we’re friends and it’s amicable; we’re just trying to raise our kids together without actually being together and it’s new, it’s only been six weeks.
How did you feel when you heard about the death of Michael Jackson?
Gosh it was very surreal to me, I heard about his passing before the press did because I’m with AEG and so was Michael Jackson. When I found out I didn’t believe it because I’m a huge fan. I remember when I first met him; he came over to me which was a really big deal. We were at a charity ball and he came over to me and said, ‘Toni Braxton oh my God I love you, your voice is so incredible, so androgynous – it’s so unique. Breathe Again is my favorite song, let’s take a picture together.’ Of course I was like, ‘it’s Michael Jackson!’ Years later he called me on my phone and introduced himself but I was like, ‘yeah right please like that’s Michael Jackson’ and put down the phone! Then his assistant called and was like, ‘no seriously Toni – it’s Michael Jackson’, when he called back I was like ‘Michael I’m so, so sorry’ and he said: ‘everyone does that, I’m used to it!’
What are your favorite songs that you’ve sang?
Breath Again is my all time favorite song, I remember when I first heard it, but it wasn’t for me it was for Pebble (Producer L.A. Reid’s wife). Un-break My Heart I loved but Seven Whole Days I hated it! There’s apart in the song where I say, ‘Seven Whole Nights aahhh’ I did that on purpose because I hated that song and they kept that bit in the song because they liked it. Let It Flow, I love but that wasn’t for me either, that was for Whitney (Houston) because it was for the soundtrack ‘Waiting To Exhale’. It was in a higher key but they had to lower it considerably for me.
http://tvoneblogs.com/thespin/?p=5435
Michael Jackson boosts Chrysalis
An "extraordinary surge" in sales of Michael Jackson's records following his death this summer has helped music publisher Chrysalis stem its losses.
Chrysalis, which publishes several of Jackson's hits including Thriller, Off The Wall and Rock With You, reported a full-year pre-tax loss of £3.8m compared to £18.8m last year.
However, after stripping-out the cost of hedging interest rates and other financial charges, the company swung to a pre-tax profit of £500,000 compared to a loss of £700,000 a year earlier.
Jeremy Lascelles, chief executive, said he expected Michael Jackson's death to provide the company with an even bigger boost next year as its financial year ended on September 30 – only two months after the music legend's death.
Mr Lascelles said next year's figures will also benefit from "very significant" sales of The Beatles ' digitally re-mastered back catalogue.
He said the company also benefited from strong demand for a host of up-and-coming artists including the Yeah Yeah Yeahs, White Lies and the Fleet Foxes. Mr Lascelles said the company has a share in 10 of the current top 20 album's according to Music Week.
The company said its back catalogue also performed strongly thanks to "evergreen" stars such as Blondie, David Bowie and Billy Idol.
Net publishers share, the amount of royalties it gets after payments to writers, performers and others, was up 19pc on last year, helped by a restructuring of its cost base.
Revenues from music publishing rose by £6.4m to £36m, while profits at its wholesaling arm Lasgo jumped 67pc to £2m. Chrysalis said Lasgo had taken advantage "the unique market opportunity provided by the failure of a number of distributors in the UK entertainment product market".
The company will not pay a dividend.
http://www.telegraph.co.uk/finance/...6834530/Michael-Jackson-boosts-Chrysalis.html
THE FACTS
Excerpts from Toni Braxton’s recent interview with Lime magazine have been released.
THE SPIN
When people have albums to promote they get to talking. When people who haven’t had a hit in years (no shade) have an album coming out, they really get to talking. That said, Toni Braxton had a very candid interview with London’s Lime magazine in which she discussed her finances and those of other artists, her connection to Michael Jackson, and some little known facts about her biggest hits.
Excerpts below:
Your bankruptcy was very messy and highly publicized at the time – what happened?:
The bankruptcy was a good thing in a way as it allowed me to help other artists. For example my case was made public like that because I was at the pinnacle of my career but Usher, TLC, NSYNC were going through it but no one really knew – they only knew about me and TLC, so the girls tend to be made an example of. When you file bankruptcy it means all your contracts are null and void, the reason my case was made as public as it was is because that meant my music would be null and void, so the record company was fighting that. The second thing that a lot of people don’t know about is my royalty statement at that time was just under two thousand dollars. For 10 years I couldn’t talk about it because there was a gagging order but now my 10 years has passed and I can say what happened. So imagine I’m on tour with UnBreak My Heart and I get my royalties statement and its one thousand and nine hundred plus dollars!
How did you feel about having such a private matter out in the public domain like that?
Yes it is a very private matter but I was to be made an example of. My situation went to congress because they wanted all artists who file for bankruptcy in the future to have rights. As it was when you file bankruptcy all contracts are made null and void except recording artists so my case was to be made the example.
Did all of this take a big toll on your health?
Yes over a period of time I think it did. I think going through the court thing and then going through getting out of my deal with Blackground and then the stress of my son having autism, it really did beat my body up a little bit and then that’s when I got ill last year.
Was that experience the dark side of fame for you?
Probably yes that was the dark side but right now my husband and I are separated so it’s dark once again. We’re fine, we’re friends and it’s amicable; we’re just trying to raise our kids together without actually being together and it’s new, it’s only been six weeks.
How did you feel when you heard about the death of Michael Jackson?
Gosh it was very surreal to me, I heard about his passing before the press did because I’m with AEG and so was Michael Jackson. When I found out I didn’t believe it because I’m a huge fan. I remember when I first met him; he came over to me which was a really big deal. We were at a charity ball and he came over to me and said, ‘Toni Braxton oh my God I love you, your voice is so incredible, so androgynous – it’s so unique. Breathe Again is my favorite song, let’s take a picture together.’ Of course I was like, ‘it’s Michael Jackson!’ Years later he called me on my phone and introduced himself but I was like, ‘yeah right please like that’s Michael Jackson’ and put down the phone! Then his assistant called and was like, ‘no seriously Toni – it’s Michael Jackson’, when he called back I was like ‘Michael I’m so, so sorry’ and he said: ‘everyone does that, I’m used to it!’
What are your favorite songs that you’ve sang?
Breath Again is my all time favorite song, I remember when I first heard it, but it wasn’t for me it was for Pebble (Producer L.A. Reid’s wife). Un-break My Heart I loved but Seven Whole Days I hated it! There’s apart in the song where I say, ‘Seven Whole Nights aahhh’ I did that on purpose because I hated that song and they kept that bit in the song because they liked it. Let It Flow, I love but that wasn’t for me either, that was for Whitney (Houston) because it was for the soundtrack ‘Waiting To Exhale’. It was in a higher key but they had to lower it considerably for me.
http://tvoneblogs.com/thespin/?p=5435
Michael Jackson boosts Chrysalis
An "extraordinary surge" in sales of Michael Jackson's records following his death this summer has helped music publisher Chrysalis stem its losses.
Chrysalis, which publishes several of Jackson's hits including Thriller, Off The Wall and Rock With You, reported a full-year pre-tax loss of £3.8m compared to £18.8m last year.
However, after stripping-out the cost of hedging interest rates and other financial charges, the company swung to a pre-tax profit of £500,000 compared to a loss of £700,000 a year earlier.
Jeremy Lascelles, chief executive, said he expected Michael Jackson's death to provide the company with an even bigger boost next year as its financial year ended on September 30 – only two months after the music legend's death.
Mr Lascelles said next year's figures will also benefit from "very significant" sales of The Beatles ' digitally re-mastered back catalogue.
He said the company also benefited from strong demand for a host of up-and-coming artists including the Yeah Yeah Yeahs, White Lies and the Fleet Foxes. Mr Lascelles said the company has a share in 10 of the current top 20 album's according to Music Week.
The company said its back catalogue also performed strongly thanks to "evergreen" stars such as Blondie, David Bowie and Billy Idol.
Net publishers share, the amount of royalties it gets after payments to writers, performers and others, was up 19pc on last year, helped by a restructuring of its cost base.
Revenues from music publishing rose by £6.4m to £36m, while profits at its wholesaling arm Lasgo jumped 67pc to £2m. Chrysalis said Lasgo had taken advantage "the unique market opportunity provided by the failure of a number of distributors in the UK entertainment product market".
The company will not pay a dividend.
http://www.telegraph.co.uk/finance/...6834530/Michael-Jackson-boosts-Chrysalis.html
Today in
Michael Jackson History
Michael Jackson History
1995 - Janet Jackson's album "Design of a Decade" was certified Gold and double Platinum by the RIAA.
1996 - Michael Jackson's "Dangerous - The Short Films" was certified 2 times Platinum.
2003 - In Santa Maria, CA, Michael Jackson was charged with seven counts of molesting a child under 14 and two counts of supplying the child with "an intoxicating agent." Jackson's lawyer denounced the allegations and said they were driven by money and revenge.
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