Rasta Pasta
Proud Member
He Owns his own songs. he has the outright copyright on his songs. now the Masters is where the real big money kicks in and He should be getting all of that real soon. the whole re-release re masters that MJ gave to Sony along with Invincible, and the box set and that Number ones Project were a trade off. now MJ is Smart as a Whip to maintain a Business association with Sony with the whole Sony/Atv association. that is constant money coming in. that deal alone means that sony has to pay him and not spread no BS about his money,etc..... put it like this, even if MJ had debts that were big, Sony would have to pay him a half a Billion dollars just to clear ties with him and he walks with his masters on top of that and in the future there is always gonna be demand for his catelog so MJ will be set for his lifetime through his Great,Great,Great Grandkids lifetime just as long as he handles his business and continues have the right lawyers,etc...
MJ is a Boardroom member at sony and that is big time money. there isn't another artist that is in the same bag as MJ over at Sony. that Man is Gangsta. Catelog, Publishing and Masters is where the real loot is at. that is a veteren Artist's Pension, Social Security, health care etc.... the same reality is that so many artists get older and only get peanuts to half a crack of a nut and have to work like slaves until they drop dead.[/b]
you got it, Max.. I posted my comments before I saw this.. but you are so right..
Michael is the Mac.. in this business..........Diddy and JayZ.. wish they were in the position that Michael has.. that would be the next level..
I can just imagine if he did go ahead and purchase the Motown catalog too...I heard.. he didn't do it.. because alot of those artist ..he grew up with..and they didn't appreciate.. if Michael was the one calling the shots on their songs..
but.. the nice thing about the he's broke stories..everyone keeps underestimating him..