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Michael Jackson Domanda

Sony?

Umm this is embarressing to ask but like what is the story with mj and sony cuz I have NOOOOOOO Idea. Like what did sony do? I know he is like a greedy money person but what does he have to do with mj?cuz I dont get it...
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same here! could someone pls tell the true story?? <33
evanescence_ posted più di un anno fa
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Sony sucks monkey balls.
paloma97ppb posted più di un anno fa
 mjhott posted più di un anno fa
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Michael Jackson Risposte

WhisperOfLove said:
There's a good articolo about this, here's a excerpt from it:

"The reason why INVINCIBLE is no longer being promoted da Sony Musica is because the record company is fighting with Michael Jackson over a financial matter. A few years ago, as an advance on payments on the forthcoming sales of INVINCIBLE, Michael Jackson negotiated a loan from Sony Music, a common transaction between artists and record companies. In order to validate the loan, Michael Jackson had to put his ownership in the ATV Musica Publishing catalog (including the 251-song Beatles’ catalog) as collateral. The ATV Musica catalog was bought da Michael Jackson in 1985. In 1995, it was merged with Sony Music’s Sony Musica Publishing catalog to become ATV/Sony Musica Publishing. When merging his ATV catalog with Sony’s, Michael Jackson pocketed a sum estimated to be 95 million dollars. Today, Sony Musica is pressuring Michael Jackson to refund the loan he took from them. And they have the means to do so. The problem is that Sony Musica are simultaneously preventing Michael Jackson from repaying the money he owes them da sabotaging the promotion of the INVINCIBLE album, Jackson’s main fonte of income to refund the loan."

Read the full articolo here:
link
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posted più di un anno fa 
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Exactly + $ony is money-hungry. They hate to invest money into new projects. Michael was not let to fulfill his visions because the costs would have been to high. So, there were arguments between Michael and $ony.
WithAChildHeart posted più di un anno fa
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