Investor Group acquires Sony/ATV Music Publishing from Sony Corp

Foi a Paulinhatm, quem me esquentou a caxola e me deixou sem chão com a noticia...
Mais tde, publicado no MJJC...





Em Julho/2009: tchan-tchan-tchan... òbvio que um grupo de investidores já tentaram comprar o catalogo ATV/SONY. Não foi fechado (AINDA) mas ja estao na tentativa.  E logo após a ¨passagem¨. Mas o mais curioso é que uma das empresas do tal grupo é a mesma que detem parte de Neverland: Colony Capital.

But, Branca é  O CARA (::assovio::) e logo avisou que o catalogo NAO está a venda:

Jackson Assets Draw the Gaze Of Wall Street
By ANDREW ROSS SORKIN AND MICHAEL J. DE LA MERCED

Published: July 20, 2009
As the world sorts through the pieces of Michael Jackson's life one month after his death, so, too, does Wall Street.
A handful of major financial firms have made inquiries into buying the Jackson estate's 50 percent share of Sony/ATV Music Publishing, the company that controls most of the Beatles song catalog, according to people briefed on the matter. Among them are Colony Capital, Kohlberg Kravis Roberts, Plainfield Asset Management and the media mogul Haim Saban, these people said.

Sony/ATV is by far the most valuable asset in Mr. Jackson's estate, and his 50 percent stake could be worth as much a $500 million. Mr. Jackson bought the majority of the Beatles catalog in 1985 for $47.5 million, after an informal chat with Paul McCartney about the wisdom of buying song catalogs.

Since then, Sony/ATV -- formed from a 1995 partnership with Sony -- has bought up the rights to thousands of songs from artists, including Bob Dylan, Joni Mitchell, Beck and Taylor Swift. In recent years, it made a big push into TV production, helping to balance out its radio business.

''Sony/ATV's really started to gain greater value in recent years,'' said Barry Massarsky, a music industry consultant who has done work for Sony/ATV and its rivals. ''I'm very bullish on its prospects.''

John G. Branca, the entertainment lawyer who structured Mr. Jackson's initial purchase of the Beatles catalog and is now one of two executors of his estate, declined to comment by e-mail on Sunday, saying only that the Jackson stake in Sony/ATV ''is not for sale.''


Mr. Branca and John McClain, a music executive, will make decisions about the estate, pending confirmation at an Aug. 3 court hearing in Los Angeles.


Still, that has not stopped financiers from approaching Jackson family members and Sony, people briefed on the discussions said. Some of these firms already have a connection to the Jackson family.


Colony, for instance, is a co-owner of the Neverland ranch, Mr. Jackson's former home. The firm's chairman and chief executive, Thomas J. Barrack Jr., has contacted representatives of the family, these people said. Plainfield, which lent money to Mijac, an entity that owns Mr. Jackson's own songs as well as those from the likes of Sly and the Family Stone, has also contacted the family, these people said. (Mijac has an estimated worth of $50 million to $100 million and is likely to grow with the pickup in album sales since his death.)


Mr. Jackson nearly lost his stake in Sony/ATV -- and his family's fortune -- in 2006. He was days away from filing for bankruptcy when Howard Stringer, the chief executive of Sony, dispatched his chief financial officer, Robert Wiesenthal, to Dubai to broker a last-minute lifeline for Mr. Jackson. Mr. Jackson was living in the emirate at the time and quickly spending cash.
''His finances were in complete shambles,'' said Duross O'Bryan, a forensic accountant at the consulting firm AlixPartners who served as an expert witness at Mr. Jackson's 2005 child molestation trial. ''There were serious issues with regards to his ability to meet debt when it comes due.''


The deal, negotiated in Mr. Jackson's suite at the Burj Al Arab hotel, saved the singer from bankruptcy. In return, Sony took greater operational control of Sony/ATV and received an option to buy half of Mr. Jackson's share.


Despite earning hundreds of millions of dollars over his lifetime, Mr. Jackson was well known for having a mountain of debt, born of expensive indulgences like the sprawling Neverland estate, costly music and tour productions and art and antiques buying sprees. The estate still carries $400 million to $500 million in debt. Barclays holds about $300 million of debt against the Jackson estate's stake in Sony/ATV.

Mas vamos relembrar que em 2005, Meseareu provou que este catalogo valia 5 bilhoes de dólares(e nao 400 milhoes como falam hoje... ). Ainda em 2005, foi dicutido o valor de ringtones do catalogo... em torno de 500 a 700 milhoes de dólares.

Bem, se a venda se concretiza pode ser o FIM>
- fim da hoax. Ou mike volta e entaão prova que toda a falsificação do testamento e td fechado atraves da adm do espolio anula-se.
- ou Mike tem que se cuidar ainda mais, afinal ele ¨estᨠmorto desde 25/06. Qualquer coisa que aconteça a ele a partir desta data, ninguem ira questionar alem desta data ou além de Murray... (lembrando que já tivemso dois suicidios... e pessoas chaves)
- Ou ainda: realmente pegaram-no (o bem menos provavel) e então RIP, Michael!

1 Response to “Investor Group acquires Sony/ATV Music Publishing from Sony Corp”:

  1. CaCo says:

    Amiga amada,
    É numa dessas que eu me pego chorando feito uma pata choca, como agora. Pode até parecer estranho ficar tão preocupada com algo material, de valor exorbitante, pra quem olha de fora, como se isso fosse o mais importante. Na verdade, o valor não é. Só que o q está embutido nele, a idéia de que 'matam pelo dinheiro', como diz a canção, me amedronta e me deixa absurdamente angustiada.
    Eu não sei para onde olhar, o que é cortina de fumaça, o que é invenção. E nisso, acabo me perdendo de Michael, não onde ele realmente 'está'.
    Dois 'suicídios', que coisa... E pelo q eu vi o adv estava ligado às negociações recentes, 2009 ou algo do tipo. Medo, medo, muito medo.
    Bjoka, se td der certo, volto com a foto de invincible pra ti.

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