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frank dileo now on the atv board

What exactly does it mean for someone to be on the ATV board?

Or more clearly, what powers come with it and what functions do people on the board have to perform?
 
MJJ:G.O.A.T said:
What exactly does it mean for someone to be on the ATV board?

Or more clearly, what powers come with it and what functions do people on the board have to perform?
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To my knowledge board members of any organization have alot of power in the decison making and the direction of where the investment goes. In other words, as a board member Frank Dileo gets to vote on or direct the path of any moves Sony makes in regards to the material owned by Michael through the atv catalogue. Board members are advisors, they hold lots and lots of power and control.
 
Soso Deaf said:
so whatcha think?
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I'm not at all suprised. not even when we initially got the official word.

Now watch and wait for all the people of whom Michael onced canned all one by one come forward( now that he has been murdered) saying or showing "their" proof of having some kind of stake /ownership in something that once belonged to MJ.
 
The term is probably for one year. The estate will revisit this probably with the year anniversary of his appointment comes up.
 
well, Frank was fired in the late eighties because he agreed to get money to convince mj to do a concert he did not want to do , Frank did the same thing with allgood, he was offered money and agreed to try to convince mj to do the concert with the siblings.

in other words, Frank has always been willing to get paid to try and convince mj to do something mj usually refused to do . THAT WILL NOT CHANGE .the problem now MJ is no longer here to say no to Frank deals , for the RIGHT amount of money Frank will sell MJ and his share together for 1 $ .
 
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I don't think much of anything anymore. Not even justice being served. Sad but true.....
 
Frank did not sell MJ to tabloids although he had no career whatever after he was fired , so that is important to consider . hopefully his hate toward the jacksons will prevent him from doing such a thing because he knows the only one who is gonna benefit from this are the siblings . on the other hand if the executors want to sell the share , they would not have refused to appoint Randy as an executor . we all know the first thing Randy is gonna do if he was appointed as an executor is to sell the catalog and give his mama 40% of it .
 
I do not want them to sell the catalogue. Why does Frank has so much say in all this?
Michael pride himself with the buying of the Catalogue. Michael fired all these pests only for them to raise their ugly head after he is gone..Now they are experts on him and his life.
 
Michael's enemies were in his own, "house". Now that he lays in an eternal sleep, "they" profit from it.

Crooks and Murders. They could not have pulled this off, had it not been a well thought out and meticulous plan with multiple players.

Sure, I can very well see him selling, just to spite Michael for having enough business savvy to purchase it in the first place. They ALL have wanted the catalogue for decades now!!!
 
To answer you question
I dont believe Frank will sell it :)
There is no need to sell it.The estate is doiing great.
Plus he doesnt have the power to just up an sell it on his own.

Michale is the one who placed Frank on the ATV board
and Michael is the one who hired Frank as his manager.

myself I trust Frank more than I trust the whole lot of them
to do right by Michael. Everyone is not a crook or conspirater
just my humble opinion -
 
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williamorange1 said:
Frank did not sell MJ to tabloids although he had no career whatever after he was fired , so that is important to consider . hopefully his hate toward the jacksons will prevent him from doing such a thing because he knows the only one who is gonna benefit from this are the siblings . on the other hand if the executors want to sell the share , they would not have refused to appoint Randy as an executor . we all know the first thing Randy is gonna do if he was appointed as an executor is to sell the catalog and give his mama 40% of it .
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Actually it was Frank who started selling MJ to tabloids. He sold them the Picture of Michael in the hyperbaric chamber as well as the elephant mans bones story. According to Randy Taraborrellii , that was the reason Mike fired Frank, he wouldn't stop with the BS stories to the tabs. Katherine Jackson even wrote about it in her book. She asked Frank to stop as it was hurting her son, and Frank told her, it was good for Michaels career.
I was suprised about him being on the board at Sony. Just one more connection in the circle of bad businessmen in my eyes. They are the "good ol' boys". I don't trust a one of them!
Frank can't sell the catalog on his own but wait a few years. Everyone of those business men will have there hand in the pot of gold! Branca, McCain, Phillips, Barrack, Tohme. They are all connected. Frank is a liar. I saw a couple of them right in that interview. Anyone else pick them out?
 
If you start connecting the dots, all of these people around Michael doing various jobs for him were connected to Sony/Colney Capital.

It just heaps on the suspicion that Michael was murdered, he was worth more dead than alive.
 
that was frank way of keeping mj in the news , he did not sell stories , he just leaked what he wanted the media to talk about . katherine hates frank because he was never on her side and he played a part in keeping her and her children away from mj .
 
I don't think he will suggest selling it...within the next year or so that is. But when Michaelmania dies down after a year or two (we still have the TII dvd to come out in feb) then that's when the real question will arrive. Unless the estate is smart in releasing things in a timely manner for the next few years I'm sure the question will come up. My question is how is the estate doing now? I know half of the debt has been eliminated (still don't believe the amount of the debt) but its all checks and balances. And by Michaelmania I'm meaning some of the newer wayward fans and even some of the old wayward fans who found that spark again sadly after 6/25. I do think the catalogue is safe for at least 3/4 more years *hopefully* and when it comes down to it, I think the pressure to sell will come more from sony's side than from the estates side. Hopefully Branca will stick to his guns when it counts.
 
earth child said:
Actually it was Frank who started selling MJ to tabloids. He sold them the Picture of Michael in the hyperbaric chamber as well as the elephant mans bones story. According to Randy Taraborrellii , that was the reason Mike fired Frank, he wouldn't stop with the BS stories to the tabs. Katherine Jackson even wrote about it in her book. She asked Frank to stop as it was hurting her son, and Frank told her, it was good for Michaels career.
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god stop reading Taraborelli's book I keep hearing these new fans referring to his book like it's the Bible on Michael's life I want to cry when I think how much he must be profiting off Michael's death he was the first one who insinuated in 1991 that MJ enjoys the company of kids too much he insinuated there were morbid hidden interests he participated in the destruction of MJ's reputation he's a tabloid writer he's shit. go read his Daily Mail articles then tell me if you still want to read his book
if this is how the new wave of fans will represents Michael's legacy then I might just throw myself out the window and call it a day. it's pointless
 
Soso Deaf said:
so how many think he'll try to sell it?
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Actually I don't they'll sell it. I don't know if its true, but it was reported in Vanity Fair that Jacksons half is more profitable than Sonys, so as long as the executors can control that & just give Katherine & the kids an allowance I think they might want to keep it that way, at least for a while.

Jackson told Gordon Novel he wants to bring suit against Sony on financial-conspiracy charges. His former business adviser Myung-Ho Lee, who once sat on the board of Sony/ ATV Music, says that Sony's half of the catalogue is unprofitable, due partly to heavy administrative costs, while Michael's share is very profitable. "He's in a box," Lee told me. "The only way out of the box is to sue Sony."

this is the old link, no longer valid - but is in the forum archives
http://www.vanityfair.com/commentary/conte...01?page=8\


I think Branca & Weitzman made a deal with Al Malnik. Google Malnik, there are pages of him saying to various reporters that he had a 2003 will, then he shuts up. Hmmmmmm.

Malnik was able to bleed Meyer Lansky out of 200-400 million dollars before he died in the 70's & 80s. I am sure Branca, Malnik & Weitzman will figure a great deal for themselves. & the will can't be challenged. Great clause for the executors.
 
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Can anybody explain to me what is the connection between ATV and MJ estate if there is the one?
 
i can see the countdown...i can see them trying to block lucrative deals for the estate, not approving mj songs for use etc....so to force the sale of the atv. but that's just mho
 
snowhite said:
god stop reading Taraborelli's book I keep hearing these new fans referring to his book like it's the Bible on Michael's life I want to cry when I think how much he must be profiting off Michael's death he was the first one who insinuated in 1991 that MJ enjoys the company of kids too much he insinuated there were morbid hidden interests he participated in the destruction of MJ's reputation he's a tabloid writer he's shit. go read his Daily Mail articles then tell me if you still want to read his book
if this is how the new wave of fans will represents Michael's legacy then I might just throw myself out the window and call it a day. it's pointless
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Number one I am not a new fan!! Just because of haven't spent my life on a fan board doesn't mean I am not a fan. I have been a fan since the very start. Michael and the Jackson 5 on Ed Sullivan, American Bandstand. That is 40 years worth of being a faithful and loyal fan to Mike.
No, not all Taraborelli's book is TRUTH. Duh. Tarborelli is a back stabbing dick. However, the Tabs that got those stories said years and years ago that it was Frank Dileo from Michael's camp giving them the stories. If you don't know that you must not have been a fan long! Michael himself has stated he would never hire Frank back and I don't think he did. I think it was AEG. They had to get Frank working for their side getting the AEG concerts instead of working trying to get the All Good Entertainment ones, which is the concert Frank signed a contract for, look it up in the Dileo interview thread.
By the way, you should take a clue from Michael and learn how to treat people with dignity and respect.
Peace
 
The estate( including the catalog) is in their hands,so why bother?!At least for 10 years ahead they will milk it in full power!
 
hilliver said:
If you start connecting the dots, all of these people around Michael doing various jobs for him were connected to Sony/Colney Capital.

It just heaps on the suspicion that Michael was murdered, he was worth more dead than alive.
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Exactly!!!!! I could not have said it better.
 
Lily said:
I don't think much of anything anymore. Not even justice being served. Sad but true.....
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I can totally get where you are coming from. I feel this exact same way alot of times too.


The more we buy into their spin and lies, the more it appears justice may not be served.
 
everyone is connected to everyone. coincidence?

jermaine to thome. thome to barrack. barrack to philips and the aeg shows....u got ortega and payne working for aeg, dileo on the payroll as well...

kai chase working w/ murray before, one of mj's bodyguards now working for murray....it's just insane. there are so many links
 
why does everything need to be a conspiracy theory?

MJ has a 50% share at the Sony/ATV catalog , it is only logical that he has somebody on the board to watch for his best interest.

Do you really think that MJ runs all of his business himself? Do you think that he writes all his checks, files his taxes etc. No of course he does not he has lawyers, accountants, manager and representatives.. Frank is just that in this case..

What kind of decisions a member of the board does? things like which song to sell to a company for a commercial, who to include in a complatition album etc etc.

Can Frank sell MJ's share? No he can't. That can be done by Branca and McClain. check the interview Branca did saying that they would not sell the catalog.

furthermore and most importantly read this

In 2006 after the trial and the financial difficulties MJ had to arrange his financial position

As part of a $300 million refinancing, Mr. Jackson agreed to sell half of his 50 percent stake in Sony/ATV Music Publishing, the company that controls the song catalog, to its co-owner, the Sony Corporation, at some point in the future, according to people involved in the transaction.

http://www.nytimes.com/2006/04/14/b...l=1&adxnnlx=1257620853-YuyAPGQchfUfZ2cB5oWL7Q

so MJ had already consented to sell 25% of the catalog back to Sony in 2006. This "future" date was reached in 2008. At that time Sony decided not to buy the 25% share from MJ.

So if Sony wanted they could have bought 25% of the catalog when MJ was alive and without Frank being on the board..

In regards of the catalog from Sony's perspective it doesn't matter if Mj is dead or alive as MJ already agreed to sell 25% due to financing help. furthermore an alive and in debt MJ would / could mean more financing and eventually forcing him to sell his whole share at the catalog. On the other hand a dead and "worth more dead than alive" MJ means that there is more money to pay his debts and therefore no more need to refinance and/or borrow against the catalog and never having to sell the catalog.
 
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