The media will nolt speak the truth about MJ's relationship with the company. When ever something bad happens it is all MJ's fault, like Beatles songs and advertising. When ever there s good news, it is Sony.
The fact of the matter is that MJ OWNS the company equally with Sony.
The contract was drawn up so that both sides share equal rights.
Now the media will tell you that MJ borrowed $300 mil loan using his catalogue as colateral. What they refused to tell you is that Sony ALSO borrowed the same amount of money using the assets of Sony/atv as collateral. This lead me to believe that both side were using the assets to get maximum loans for business transactionj for the company. Otherwise, what a coincidence.
Yes, RF constantluy reminded the entire world that Sony may buy MJ's share of his catalogue and sony had up to 6 month to buy it. What RF refused to add was that it was a contractual arrangement giving both sides equal opportunities to buy the others share if the other desires to sell. This opperates on a rotation bases, so I imaging that since the April deadline has passed, it is now MJ's turn to buy out Sony, if Sony wished to sell.
Also, what the media forget to tell the public is that both sides of the partnership have guaranteed a price of $1,3 billion for 1/2 of the othes share, so If Sony did buy out MJ's share, he is guaranteed to walk away with approximately $2-3 billion dollars guaranteed. Signed and sealed.