Re: Partial quote from the LA times article
'According to Strong, he and Jackson formed an incorporated business partnership in 1989, known as the Jackson-Strong alliance. This gave each partner a fifty-percent stake in the other's art'.
Actually, from the description in the article, if they gave each other a 50% stake in each other's art, that would not mean each would own 100% of the other's, but only half! (so that the Estate should own half of the BLS portion). But this is not what BLS is claiming at all! From Tohme's letter he is saying that Michael gave the whole collection (bar 10) to him 'for you to keep, sell, copy, exhibit or use as you wish'.
The Tohme letter text includes: let me know when you have the art prints ready to sign' 'you have his blessing to market his art' 'Reproduction rights are owned by BLS and the Jackson-Strong Alliance' .
(So I think the hospital pictures could be prints with original MJ signatures...I wonder how many MJ signed?)
I expect that whatever the final legal interpretation by the Estate, BLS will claim that all of the public statements made about the ownership of these drawings (as a complete collection) and of the 'originality' of the selection given to the hospital are down to 'press misunderstandings'. eg In the 'KTLA' (?) TV/video clip the reporter clearly states that the drawings given to the hospital are originals, but the LAweekly article clearly states they are reproductions. I have not however heard what BLS himself says...which is why I was interested to see if anything was said by him in the planned TV/ radio interview the other night.
If the hospital drawings are prints with original signatures, then I guess both descriptions are partially correct (repro and original). I would think that an original MJ signature would comprise the major part of the value of any signed print, whether of BLS art (eg The Book) or of MJ art. Signed copies of 'The Book' are for sale from ebay (not sold by BLS but by a purchaser following the bank 'asset takeover') and the price differential between signed and unsigned copies is about 10Kgbp, I think.
Footnote: I'm not sure if the Jackson-Strong Alliance was ever dissolved...even after BLS' insolvency in appx 2005? You would have thought that the creditors then would go after everything they could, including assets in the partnership.