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MJ's a "businessman"?

benscarr said:
The thing is that with other artists such as Madonna any move they make to another label is seen as a positive one, even though their reasons for leaving their labels is a negative one. Madonna's move to Live Nation is seen as a cutting edge move because music labels are music sales are seen as being on the wane, and part her contract with Live Nation is based on making profit from her tours. Which is a very risky move for an 50yr old artist, who has signed a 10yr $120 million deal which won't come in to effect until next year. She may not release her first solo album with them until she is 51 or 52 years old, and the why Prince see's recording contracts makes are a slave to a music label. I have no idea if Madonna gets to own her masters for her new albums on Live Nation, but her music sales are past their peak and as most artist age her career will be mainly based on tours. So she could end up in a position like Elvis where she has to tour to make money and make profit for her music label.

I did read in the mid 1990's that any money her recording artists on Maverick lose, would be taken from the profit of her own music. Her deal with Warner didn't sound like a good one, and I don't think Prince had a good deal with them otherwise he wouldn't have make such a public scene and writing slave on his face. Even though leaving Warner in 1995 killed Prince's career as a major force the charts and music sales, it has turned out to be the smartest move he ever made business and profit wise. In recent years Prince has been the highest earning artist in music, and he has made all of the profit not music labels, who only give their artists a percentage of their sales

Some one of Madonna's stature in music should not be bound to a recording contract for 10yrs. I presume she has the money to be an independent artist and just use a major label like Sony (whom David Bowie and Prince use to market their albums from their own label) to promote her albums. From what Michael said at the Killer Thriller Party in 2002 when talking about Sony and saying that he made them $billions over the years. I presume Michael will do what Bowie and Prince have done, and set up his own label where Michael is the only artists and use Sony/Legacy to promote his future albums. Sony actually seems quite promoting major artists albums who have their own labels. And if Michael does do this it will be a very smart move.
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some very good points.... :yes:
 
BONGANI said:
Its funny how nobody is answering my question about the source of the amount MJ supposedly made last year. You guys should realy stop making up stuff. I'm too lazy to go through the thread and pick out the culprits,lol!
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troubleman84 said:
^ LMAO! No one knows. All of us are just running off our mouths on information we don't even know if it's true. :lol: You have Rasta printing the info about MJ's "business deals" every day on the news and mentionings page, lol. :lol:
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to BONGANI... I don't remember who posted what they think is MJ's earnings for last year.. but one can only guestimate what Mike makes per year doing what Forbes does for other celebrities...

If I remember correctly ... in one of those court cases or some report that came out during the trial..it mentioned what Michael gets from his Sony/ATV ownership for one year...and one can only guess what he gets for song publishings for Mijac Music...

These two music publishing ownerships do make him millions.. how much??? its a guess.. and we don't know what else he is involved in.. but just like Forbes... take a guess because IT IS FACT!! that he is the sole owner of Mijac Music and in a joint-venture with Sony/ATV..

to Timmy or troubleman84, please don't insinuate that the business news I post about Sony/ATV and Mijac Music are made up.. :cheeky:

its not made up that he solely owns Mijac Music and its not made up that he is in a joint-venture with Sony/ATV..

everyone of those post always has a link to them.. and I can't understand why its so hard to grasp
that he is involved in a SUCCESSFUL business venture...

and I will continue to post those kind of news.. because sometimes some balance is needed.. .. if the media keeps
saying.. "he is broke"... " he only borrows to live his lifestyle".. "he is a bum"... "he lives off friends"...etc... I will keep posting those MJ business news... with links..to verify the source...

it just seems that if the media don't spell it out ..saying.. MICHAEL JACKSON DID GREAT BUSINESS TODAY WITH SONY/ATV BY ACQUIRING ALL OF ELVIS PRESLEY'S HITS,etc..... then its hard for some to believe...

and as Sony/ATV CEO Martin Bandier once said
Sony/ATV is a traditional music publisher which makes money every time a piece of music is used on a variety of outlets including radio, movies
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here is a link directly to Sony Music that states Michael's joint-venture of SonyATV.. keep the link for the doubters: http://www.sony.com/SCA/outline/atv.shtml
Sony/ATV Music Publishing
  • Sony/ATV Music Publishing owns or administers copyrights and catalogs by such artists as The Beatles, Beck, Brooks & Dunn, Leonard Cohen, Neil Diamond, Bob Dylan, The Everly Brothers, Fall Out Boy, Jimi Hendrix, Billy Mann, Joni Mitchell, Graham Nash, Willie Nelson, Roy Orbison, Richie Sambora, Stephen Stills, KT Tunstall and Hank Williams, among others.
  • Sony/ATV Music Publishing is a worldwide music publishing joint venture between Sony and Michael Jackson.
  • Martin N. Bandier is Chairman and CEO of Sony/ATV Music Publishing
For additional information, please go to: http://www.sonyatv.comOctober 2008
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Unfortunately, Mijac Music doesn't have a website but there are many that have stated Michael's ownership of Mijac Music... one is from the New York Times that states it.... here is the link

http://query.nytimes.com/gst/fullpage.html?res=9F0CE2DB153FF936A15752C1A965958260


it really doesn't matter what anyone here believes about his business acumen... thank goodness.. it doesn't make or break one Michael Joseph Jackson...
 
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well..u know how it goes, Rasta...lol...people take one look at Michael and they think...'naaaa...he can't do this.. naaa..lol..he can't do that. lol...naaaa...he ain't that strong...naaaaa...lol'

MJ said in an interview..'i'm very very very strong...but people don't think that' lol..
 
vncwilliam said:
well..u know how it goes, Rasta...lol...people take one look at Michael and they think...'naaaa...he can't do this.. naaa..lol..he can't do that. lol...naaaa...he ain't that strong...naaaaa...lol'

MJ said in an interview..'i'm very very very strong...but people don't think that' lol..
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Which interview did he say this in? Was in the 60 minutes one with that old guy, after the trial?
 
I did not like the way the question was worded regarding MJ being a businessman. You have to be when you are in the MUSIC BUSINESS. It is a business. Not some playground. So, yes, MJ is an awesome businessman.

but when it came to other things especially "music contracts" and other endeavors. He didn't do so hot:

Remember his perfume?
Remember his soda brand?
Remember him planning other amusement parks?
Remember him planning casinos?
Remember his musical label?
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So, you are implying that MJ is not a great business man because of those things? Tell me, how can he still have his money and still have his business if he never failed? That is how you learn by failing. You see what you made wrong and correct it the next time. All business people make mistakes. That is how it is. I love it when some fans assume that MJ is not a great businessman based on a few failures.

Rasta, as usual, great points that you have made.

You guys should realy stop making up stuff. I'm too lazy to go through the thread and pick out the culprits,lol!
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LOL. You are going to tell a member who has always posted links to the articles to stop making things up because you can't fanthom that MJ is THAT RICH? Pathetic.

and I will continue to post those kind of news.. because sometimes some balance is needed.. .. if the media keeps
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And I want you to keep posting them to educate others who can grasp the truth about the truth.

Benncarr- great points and I did not know that about Madonna. Interesting how the media never even talk about her details regarding why she left Warner Music for Live Nation.
 
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MJ is no doubt a great businessman.

He sure has had projects that failed, or at least turned out not to be good.

But he has always tried again, and made better projects.
 
Hess said:
MJ is no doubt a great businessman.

He sure has had projects that failed, or at least turned out not to be good.

But he has always tried again, and made better projects.
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indeed that swing and miss, then swing and hit a home run path has been travelled by Donald Trump, Steve Wynn and all other successful wealthy business people. it's the people that are afraid to go again, when they miss, who are truly failures.
 
vncwilliam said:
indeed that swing and miss, then swing and hit a home run path has been travelled by Donald Trump, Steve Wynn and all other successful wealthy business people. it's the people that are afraid to go again, when they miss, who are truly failures.
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Correct!

And MJ has never been a failure nor will he ever be!
 
Just thought I'd share this in this thread.=D
It's an article from sometimes ago but worth another read.
It's very informative and respectful.
It's from the New York Times, the only decent news outlet out there
http://www.nytimes.com/2006/05/14/business/yourmoney/14michael.html?pagewanted=3


And regarding the question, is MJ a businessman??
Look what others who've worked for/with him said.

John Branca: MJ was also a marketing genius

James Morey:Michael is very bright, and Michael pretty
much knew — even when he was advised something was
too expensive —if he felt it was right for the art, he had
the means to pay for it. He wasn't oblivious to what
budgets were.

Some would say he is a savvy businessman while others would say the opposite. Or is it that he used to be savvy?
I just think he is such an interesting individual.
 
ilovemjj4ever said:
Just thought I'd share this in this thread.=D
It's an article from sometimes ago but worth another read.
It's very informative and respectful.
It's from the New York Times, the only decent news outlet out there
http://www.nytimes.com/2006/05/14/business/yourmoney/14michael.html?pagewanted=3


And regarding the question, is MJ a businessman??
Look what others who've worked for/with him said.

John Branca: MJ was also a marketing genius

James Morey:Michael is very bright, and Michael pretty
much knew — even when he was advised something was
too expensive —if he felt it was right for the art, he had
the means to pay for it. He wasn't oblivious to what
budgets were.

Some would say he is a savvy businessman while others would say the opposite. Or is it that he used to be savvy?
I just think he is such an interesting individual.
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no. the new york times is not a great newspaper. they are doing what everybody else does with Michael. they use words like 'apparently' 'probably', in other words they are guessing about what MJ did with his money. so they are guessing that he is in debt.

the bottom line is, if you pay cheap and expect great quality, you get cheap. and MJ's detractors believe in getting something for nothing. so they are the ones failing and living less than a quality life and are in debt. MJ is very aware of good managing of money, but he is also willing to pay the worth of something to get a quality return, which is something his detractors are not willing to do. so that's why he's always able to live a quality life. and they are in recession. he's not in debt. when he closed down something it was entirely for reasons other than money. closing Neverland had nothing to do with money. but for those peeps who said good things about MJ....kudos to them.:)

you have to wonder why there are two sides to comments about MJ, financially. they should all agree. so that just leaves us to decide what is the better way to spend money. people who are willing to not hold onto money, if it will get them a quality product that will last them a long time, usually have a better quality financial life, because they don't have to pay money over and over to replace the cheap product they got cus they wanted to hold on so tight to the money. in Michael's case, he was willing to invest a lot of money in the videos. and now look. generation after generation of new fans fall in love with and buy those vids. and that keeps MJ in good financial standing. whereas other artists, and MJ's detractors, if they were artists, practically don't spend anything on a video. and their videos disappear before they get started, and are quickly forgotten. they suck, are not bought, over mulitple generations, and those artists go bankrupt.
 
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I know Michael sells a lot of his videos because a lot of dance schools and instructors across the country use those videos as standards for their dance classes. And Thriller became more in demand once it was inducted into the library in Washington. Michael makes a lot of money. The media just focuses on what he spends.
 
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