seeingvoices12 said: Timmy84 said: Was that song even "finished" though? Don't sound like it was. :huh: I don't know, I'm just finding it hard to believe that's that's an MJ song... [Edited 3/15/10 16:21pm] I think it’s maybe a demo or a finished track, and some parts and verses are missing, they are missing because tempamental fucked up and edited the entire track to add his outrageous vocals . Same thing happened with “another day” , unknown cat added his vocals. It was confirmed in an article earlier this week more or less that R. Kelly leaked another day, even though he had nothing to do with the production of the song at all. Still confusing as to how he had a copy of it though. MJ Fan 1992-Forever
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AP Source: Jackson in $200 million-plus posthumous recording deal with Sony Music
at 22:21 on March 15, 2010, EDT. By Ryan Nakashima, THE ASSOCIATED PRESS In this Feb. 24, 1988 file photo, Michael Jackson performs during his 13-city U.S. tour in Kansas City, Mo. The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. (THE ASSOCIATED PRESS/Cliff Schiappa, File) LOS ANGELES - The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. The record-breaking contract could be worth up to $250 million if certain conditions are met. One of the albums will be of never-before-released Jackson recordings that will come out in November, the person said. The person spoke on condition of anonymity because the official announcement is expected Tuesday. ©The Canadian Press, 2010 Ohh purple joy oh purple bliss oh purple rapture! REAL MUSIC by REAL MUSICIANS - Prince "I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben |
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luv4u said: AP Source: Jackson in $200 million-plus posthumous recording deal with Sony Music
at 22:21 on March 15, 2010, EDT. By Ryan Nakashima, THE ASSOCIATED PRESS In this Feb. 24, 1988 file photo, Michael Jackson performs during his 13-city U.S. tour in Kansas City, Mo. The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. (THE ASSOCIATED PRESS/Cliff Schiappa, File) LOS ANGELES - The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. The record-breaking contract could be worth up to $250 million if certain conditions are met. One of the albums will be of never-before-released Jackson recordings that will come out in November, the person said. The person spoke on condition of anonymity because the official announcement is expected Tuesday. ©The Canadian Press, 2010 RIP MJ. Hope you are smiling about this from above. MJ Fan 1992-Forever
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More reissues from Mj. Just what the world needs. | |
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mookie said: http://online.wsj.com/article/SB10001424052748704588404575124023860735864.html?mod=googlenews_wsj
Sony Places Big Bet on a Fallen 'King' Music Company Signs $250 Million Album Deal With Jackson Estate Months after his death, Michael Jackson set a music-industry record, thanks to a deal between his estate and Sony Corp. valued at as much as $250 million, according to people familiar with the terms. The deal—touted by both Sony and Mr. Jackson's estate as the most lucrative recording contract ever— guarantees the estate at least $200 million. With 10 albums over seven years, the deal will involve a mix of previously unreleased songs and new packages of familiar ones. The dollar amount is especially striking against the backdrop of the music industry as a whole, in which U.S. album sales have plunged 52% in a decade. Superstar deals worth tens of millions of dollars per album were rare even at the peak of the CD-sales boom in the late 1990s. Yet it also underscores that the biggest acts are becoming even more essential to record labels, as individual fans purchase fewer albums each year. [JACKSONjump] European Pressphoto Agency Sony has sold an estimated 31 million Jackson albums since his death. Since Mr. Jackson's death on June 25, Sony has sold an estimated 31 million of his albums globally. By the first anniversary of his death, his estate expects to have earned $250 million from sales of music, merchandise and tickets to the posthumous concert film "This Is It." The advances being paid by Sony are to be offset by sales of albums as well as revenue generated by licensing Mr. Jackson's music for uses like videogames, movies and theatrical performances. But unlike the megadeals struck in recent years by concert promoter Live Nation Entertainment Inc. with pop stars Jay-Z and Madonna, the Jackson deal doesn't give Sony income from other parts of the late singer's business, such as merchandise sales or fees for licensing his name and likeness. In an interview, Rob Stringer, chairman of Sony Music Entertainment's Columbia/Epic Label Group, said that his company was confident it would more than recoup its hefty investment, which he characterized as more than just a record deal. "We see it as a partnership," Mr. Stringer said. The deal should give Mr. Jackson's heirs plenty of breathing room with respect to the crushing debt load he had built up in his final years. With his album sales dwindling and concert touring ground to a halt, Mr. Jackson borrowed heavily to finance his lavish lifestyle The estate is likely to pay off about $125 million in debt by the end of this year, including $35 million owed to AEG Live, the promoter that was to stage a series of concerts by Mr. Jackson in London. The estate is likely to refinance another $325 million backed by Mr. Jackson's two biggest assets: Sony/ATV Music Publishing, his venture with Sony that owns copyrights to 251 Beatles songs; and his 2,600-acre Neverland Valley Ranch outside Santa Barbara, Calif. A $300 million loan backed by Sony/ATV and held by Barclays PLC matures at the end of the year, and before Mr. Jackson's death it loomed as a major financial challenge. In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then. The new deal, like the one from the 1980s, was negotiated by John Branca, Mr. Jackson's long-time lawyer and now an administrator of the estate. The deal retroactively covers the soundtrack album to "This Is It," plus a range of other releases, some of which have been mapped out, with others to be determined later. An album of previously unreleased songs is likely to hit stores before the end of this year, and another collection is due out later. The deal is also likely to cover expanded reissues of Mr. Jackson's albums "Off the Wall" and "Bad," as well as collections of remixes. A DVD of all of Mr. Jackson's music videos is likely to be created at some point. Speculation has circulated that Cirque du Soleil would create a Las Vegas show based on Mr. Jackson's music, as it already has done with Beatles' music. If it does, a soundtrack album of some kind would likely be part of the deal. The estate could probably wipe out the debts entirely by selling its half of Sony/ATV, although such a drastic step is viewed as unlikely now that Mr. Jackson's posthumous business is generating so much cash. Mr. Jackson acquired ATV for $47.5 million in 1985. Sony in 1995 paid $150 million to become a 50% partner in the venture. Mr. Jackson's half is now valued at at least $1 billion. Sony.. There is already DVD's on Michael's videos! Give us the damn tours!! Music washes away from the soul the dust of everyday life. ~Berthold Auerbach | |
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Great so another 50 years of being ripped off by Sony.
I was really hoping Universal or even some other company would get this. It was hard enough being a MJ fan 1993-2005, now Sony is going to make it a bitch being a fan who has all the Off The Wall - Invincible stuff. MJ Fan 1992-Forever
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http://www.latimes.com/en...2645.story
Michael Jackson estate, Sony Music Entertainment strike distribution deal The contract includes unreleased recordings, DVDs, video games and theater. It could be worth $250 million. Administrators of Michael Jackson's estate and his longtime record label, Sony Music Entertainment, Monday announced a seven-year distribution deal for as many as 10 new Jackson projects, including unreleased recordings, DVDs and perhaps even video games, valued at as much as $250 million. "We and Sony feel that the future for Michael Jackson is unlimited," said John Branca, a special administrator for the estate. Rob Stringer, chairman of the Columbia Epic label group, a division of Sony, described the deal as a landmark for the recording industry. "The audio rights span across different projects," Stringer said. "There may be theater. There may be films and movies. There may be computer games -- or multimedia platforms that I don't know about today that will happen in 2015." Jackson died in Los Angeles on June 25, 2009 of acute intoxication from the powerful anesthetic propofol as he was preparing for a series of comeback concerts in London. Monday's deal eclipses such agreements as Bruce Springsteen's $110-million, seven-album deal with Columbia Records signed in 2005 and British pop crooner Robbie Williams' $150-million, five-album deal with EMI in 2002. Although Sony enters into the new agreement at a time of plummeting album sales and widespread music industry contraction, sales of so-called "legacy acts" and Jackson's in particular, suggest the potential upside of the agreement. In the nine months since Jackson's death, more than 31 million of his albums have been sold worldwide (with two-thirds occurring overseas), according to a source with knowledge of Jackson's financial dealings who insisted on anonymity because he was not authorized to speak publicly. Those sales and various recent licensing deals have brought in close to $250 million to the estate -- easing a substantial portion of the nearly half-billion dollars in debt Jackson owed to financial institutions at the time of his death. The Elvis Presley's estate takes in between $50 million and $60 million annually through music sales and licensing deals. Jimi Hendrix's posthumously released album "Valleys of Neptune" may sell 100,000 copies in its first week of release according to Billboard magazine. And in addition to several recent re-releases and repackaging of the singer's CDs and movies, Frank Sinatra's estate signed a deal with Warner Music Group in 2008 to explore projects including a restaurant chain, an Old Blue Eyes-themed casino and the use of Sinatra's image to market luxury goods. The Beatles continue to thrive in the marketplace four decades after their breakup and despite the deaths of two members, John Lennon and George Harrison. More than 60 million Beatles albums have been sold domestically since Nielsen SoundScan began tracking retail sales in 1991. "If you look at Elvis and the Beatles, and how their brands are thriving, they only hint at what the future holds for Michael," Branca said. Sony and the Jackson estate already have plans in place for a reissue of Jackson's multi-platinum selling 1979 album "Off the Wall" next year, that will contain a trove of new, exclusive material. "The stuff we have in the vaults around that record is fascinating and remarkable," Stringer said. "We're going to build a whole platform with a documentary. The outtakes are fantastic! We have a lot of great stuff from around every time period [in Jackson's career]. We're plowing through everything now to understand what we've got." As well, Jackson estate co-executor John McClain -- a 40-year confidant of the entertainer who produced part of Jackson's 2001 album "Invincible" -- is spearheading the selection of an album of previously unreleased material that could hit shelves late this year. "John McClain tells me they've got over 60 unreleased recordings that they're choosing from," Branca said. "The first album will have around 10. There's some very recent stuff and vintage stuff that deserves to be shared with Michael's fans." | |
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Every few years get prepared for releases of Off The Wall-Thriller-Bad-Dangerous-HIStory-Blood On The Dance Floor-Invincible with 1 demos on the collections.
Oh and DVD's of his music videos, This Is It 2.0, ect. PRINCE: Always and Forever
MICHAEL JACKSON: Always and Forever ----- Live Your Life How U Wanna Live It | |
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If the reissues don't included concert DVDs from the Jacksons/Goin' Places, Destiny, Triumph and Victory tours...
FUDGETABOUTIT!!!! | |
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Timmy84 said: If the reissues don't included concert DVDs from the Jacksons/Goin' Places, Destiny, Triumph and Victory tours...
FUDGETABOUTIT!!!! I didn't see any mention of "The Jacksons" in the article. It's like they really don't exist in Sony's eyes. PRINCE: Always and Forever
MICHAEL JACKSON: Always and Forever ----- Live Your Life How U Wanna Live It | |
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LittleBLUECorvette said: Timmy84 said: If the reissues don't included concert DVDs from the Jacksons/Goin' Places, Destiny, Triumph and Victory tours...
FUDGETABOUTIT!!!! I didn't see any mention of "The Jacksons" in the article. It's like they really don't exist in Sony's eyes. No surprise there. | |
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EmeraldSkies said: mookie said: http://online.wsj.com/article/SB10001424052748704588404575124023860735864.html?mod=googlenews_wsj
Sony Places Big Bet on a Fallen 'King' Music Company Signs $250 Million Album Deal With Jackson Estate Months after his death, Michael Jackson set a music-industry record, thanks to a deal between his estate and Sony Corp. valued at as much as $250 million, according to people familiar with the terms. The deal—touted by both Sony and Mr. Jackson's estate as the most lucrative recording contract ever— guarantees the estate at least $200 million. With 10 albums over seven years, the deal will involve a mix of previously unreleased songs and new packages of familiar ones. The dollar amount is especially striking against the backdrop of the music industry as a whole, in which U.S. album sales have plunged 52% in a decade. Superstar deals worth tens of millions of dollars per album were rare even at the peak of the CD-sales boom in the late 1990s. Yet it also underscores that the biggest acts are becoming even more essential to record labels, as individual fans purchase fewer albums each year. [JACKSONjump] European Pressphoto Agency Sony has sold an estimated 31 million Jackson albums since his death. Since Mr. Jackson's death on June 25, Sony has sold an estimated 31 million of his albums globally. By the first anniversary of his death, his estate expects to have earned $250 million from sales of music, merchandise and tickets to the posthumous concert film "This Is It." The advances being paid by Sony are to be offset by sales of albums as well as revenue generated by licensing Mr. Jackson's music for uses like videogames, movies and theatrical performances. But unlike the megadeals struck in recent years by concert promoter Live Nation Entertainment Inc. with pop stars Jay-Z and Madonna, the Jackson deal doesn't give Sony income from other parts of the late singer's business, such as merchandise sales or fees for licensing his name and likeness. In an interview, Rob Stringer, chairman of Sony Music Entertainment's Columbia/Epic Label Group, said that his company was confident it would more than recoup its hefty investment, which he characterized as more than just a record deal. "We see it as a partnership," Mr. Stringer said. The deal should give Mr. Jackson's heirs plenty of breathing room with respect to the crushing debt load he had built up in his final years. With his album sales dwindling and concert touring ground to a halt, Mr. Jackson borrowed heavily to finance his lavish lifestyle The estate is likely to pay off about $125 million in debt by the end of this year, including $35 million owed to AEG Live, the promoter that was to stage a series of concerts by Mr. Jackson in London. The estate is likely to refinance another $325 million backed by Mr. Jackson's two biggest assets: Sony/ATV Music Publishing, his venture with Sony that owns copyrights to 251 Beatles songs; and his 2,600-acre Neverland Valley Ranch outside Santa Barbara, Calif. A $300 million loan backed by Sony/ATV and held by Barclays PLC matures at the end of the year, and before Mr. Jackson's death it loomed as a major financial challenge. In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then. The new deal, like the one from the 1980s, was negotiated by John Branca, Mr. Jackson's long-time lawyer and now an administrator of the estate. The deal retroactively covers the soundtrack album to "This Is It," plus a range of other releases, some of which have been mapped out, with others to be determined later. An album of previously unreleased songs is likely to hit stores before the end of this year, and another collection is due out later. The deal is also likely to cover expanded reissues of Mr. Jackson's albums "Off the Wall" and "Bad," as well as collections of remixes. A DVD of all of Mr. Jackson's music videos is likely to be created at some point. Speculation has circulated that Cirque du Soleil would create a Las Vegas show based on Mr. Jackson's music, as it already has done with Beatles' music. If it does, a soundtrack album of some kind would likely be part of the deal. The estate could probably wipe out the debts entirely by selling its half of Sony/ATV, although such a drastic step is viewed as unlikely now that Mr. Jackson's posthumous business is generating so much cash. Mr. Jackson acquired ATV for $47.5 million in 1985. Sony in 1995 paid $150 million to become a 50% partner in the venture. Mr. Jackson's half is now valued at at least $1 billion. Sony.. There is already DVD's on Michael's videos! Give us the damn tours!! BUT we don't have a COMPLETE collection of his videos. This gives them the opportunity to release all of his videos in HIGH DEFINITION quality Keep On Dancing Goin' Places Blame It On The Boogie Shake Your Body Down To The Ground Don't Stop Til You Get Enough She's Out Of My Life Rock With You Off The Wall The Triumph: Can You Feel It Billie Jean Beat It Say Say Say Thriller Billie Jean '84 Bad The Way You Make Me Feel Speed Demon Liberian Girl Another Part Of Me Man In The Mirror Dirty Diana Smooth Criminal Leave Me Alone 2300 Jackson Street Jam In The Closet Remember The Time Heal The World Black Or White Who Is It Who Is It (US version) Give In To Me Will You Be There Will You Be There (Alternate Version) Gone Too Soon Gone Too Soon (Alternate Version) Whatzupwitu Scream They Don't Care About Us (Prison Version) They Don't Care About Us (Brazil Version) Stranger In Moscow Earth Song Come Together You Are Not Alone Childhood HIStory Blood On The Dancefloor Why Ghosts You Rock My World Cry What More Can I Give? Cheater Wanna Be Startin' Somethin' 2008 This Is It "We may deify or demonize them but not ignore them. And we call them genius, because they are the people who change the world." | |
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bboy87 said: EmeraldSkies said: Sony.. There is already DVD's on Michael's videos! Give us the damn tours!! BUT we don't have a COMPLETE collection of his videos. This gives them the opportunity to release all of his videos in HIGH DEFINITION quality Keep On Dancing Goin' Places Blame It On The Boogie Shake Your Body Down To The Ground Don't Stop Til You Get Enough She's Out Of My Life Rock With You Off The Wall The Triumph: Can You Feel It Billie Jean Beat It Say Say Say Thriller Billie Jean '84 Bad The Way You Make Me Feel Speed Demon Liberian Girl Another Part Of Me Man In The Mirror Dirty Diana Smooth Criminal Leave Me Alone 2300 Jackson Street Jam In The Closet Remember The Time Heal The World Black Or White Who Is It Who Is It (US version) Give In To Me Will You Be There Will You Be There (Alternate Version) Gone Too Soon Gone Too Soon (Alternate Version) Whatzupwitu Scream They Don't Care About Us (Prison Version) They Don't Care About Us (Brazil Version) Stranger In Moscow Earth Song Come Together You Are Not Alone Childhood HIStory Blood On The Dancefloor Why Ghosts You Rock My World Cry What More Can I Give? Cheater Wanna Be Startin' Somethin' 2008 This Is It They ain't gonna do it. | |
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Timmy84 said: bboy87 said: BUT we don't have a COMPLETE collection of his videos. This gives them the opportunity to release all of his videos in HIGH DEFINITION quality Keep On Dancing Goin' Places Blame It On The Boogie Shake Your Body Down To The Ground Don't Stop Til You Get Enough She's Out Of My Life Rock With You Off The Wall The Triumph: Can You Feel It Billie Jean Beat It Say Say Say Thriller Billie Jean '84 Bad The Way You Make Me Feel Speed Demon Liberian Girl Another Part Of Me Man In The Mirror Dirty Diana Smooth Criminal Leave Me Alone 2300 Jackson Street Jam In The Closet Remember The Time Heal The World Black Or White Who Is It Who Is It (US version) Give In To Me Will You Be There Will You Be There (Alternate Version) Gone Too Soon Gone Too Soon (Alternate Version) Whatzupwitu Scream They Don't Care About Us (Prison Version) They Don't Care About Us (Brazil Version) Stranger In Moscow Earth Song Come Together You Are Not Alone Childhood HIStory Blood On The Dancefloor Why Ghosts You Rock My World Cry What More Can I Give? Cheater Wanna Be Startin' Somethin' 2008 This Is It They ain't gonna do it. party pooper we should write to them, i want the tours so bad! "we make our heroes in America only to destroy them" | |
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luv4u said: AP Source: Jackson in $200 million-plus posthumous recording deal with Sony Music
at 22:21 on March 15, 2010, EDT. By Ryan Nakashima, THE ASSOCIATED PRESS In this Feb. 24, 1988 file photo, Michael Jackson performs during his 13-city U.S. tour in Kansas City, Mo. The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. (THE ASSOCIATED PRESS/Cliff Schiappa, File) LOS ANGELES - The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. The record-breaking contract could be worth up to $250 million if certain conditions are met. One of the albums will be of never-before-released Jackson recordings that will come out in November, the person said. The person spoke on condition of anonymity because the official announcement is expected Tuesday. ©The Canadian Press, 2010 orgasms everywhere "We may deify or demonize them but not ignore them. And we call them genius, because they are the people who change the world." | |
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is that lil girl Holly Robinson Peete? "we make our heroes in America only to destroy them" | |
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I have mixed feelings about the MJ announcement today.
Part of me thinks anything that wasn't released as part of OTW, Thriller, Bad, Dangerous, HiStory, Blood on the Dancefloor, or Invincible wasn't included for a reason and should be kept that way. As for the new works, well again he didn't see them as fit for release in their current state and knowing the perfectionist he is he wouldn't want them released. Then the completist in me wants to hear what else he did. What new songs was he writing, what hidden gems weren't included in the official releases. And I know when they are released I'll be there grabbing my copies. The way I see the roll out will be: New Album - June 25 2010 Off The Wall Anniversay Edition - November 2010 (expanded edition) from there it's anyone's guess. Probably a new release every year around the anniversary of his date plus: A remix album December 2011 a covers v originals album. Most likely a double release of Thriller with one album compiled of covers and the other the original release. As for Sony doing the releases - fact is any record company would be looking to drag it out and exploit the catalogue best they can. They need to maximise their investment and each will do it in their own way. Swa "I'm not human I'm a dove, I'm ur conscience. I am love" | |
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mimi07 said: is that lil girl Holly Robinson Peete? | |
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Swa said: I have mixed feelings about the MJ announcement today.
Part of me thinks anything that wasn't released as part of OTW, Thriller, Bad, Dangerous, HiStory, Blood on the Dancefloor, or Invincible wasn't included for a reason and should be kept that way. As for the new works, well again he didn't see them as fit for release in their current state and knowing the perfectionist he is he wouldn't want them released. Then the completist in me wants to hear what else he did. What new songs was he writing, what hidden gems weren't included in the official releases. And I know when they are released I'll be there grabbing my copies. The way I see the roll out will be: New Album - June 25 2010 Off The Wall Anniversay Edition - November 2010 (expanded edition) from there it's anyone's guess. Probably a new release every year around the anniversary of his date plus: A remix album December 2011 a covers v originals album. Most likely a double release of Thriller with one album compiled of covers and the other the original release. As for Sony doing the releases - fact is any record company would be looking to drag it out and exploit the catalogue best they can. They need to maximise their investment and each will do it in their own way. Swa This is why I'm a little uneasy from this... I'm not about to get the party gear out... lol | |
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"When Michael Jackson is just singing and dancing, you just think this is an astonishing talent. And he has had this astounding talent all his life, but we want him to be floored as well. We really don´t like the idea that he could have it all." | |
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Swa said: I have mixed feelings about the MJ announcement today.
Part of me thinks anything that wasn't released as part of OTW, Thriller, Bad, Dangerous, HiStory, Blood on the Dancefloor, or Invincible wasn't included for a reason and should be kept that way. As for the new works, well again he didn't see them as fit for release in their current state and knowing the perfectionist he is he wouldn't want them released. Then the completist in me wants to hear what else he did. What new songs was he writing, what hidden gems weren't included in the official releases. And I know when they are released I'll be there grabbing my copies. The way I see the roll out will be: New Album - June 25 2010 Off The Wall Anniversay Edition - November 2010 (expanded edition) from there it's anyone's guess. Probably a new release every year around the anniversary of his date plus: A remix album December 2011 a covers v originals album. Most likely a double release of Thriller with one album compiled of covers and the other the original release. As for Sony doing the releases - fact is any record company would be looking to drag it out and exploit the catalogue best they can. They need to maximise their investment and each will do it in their own way. Swa Keep in mind that MJ was creating music for his children to sale after his death too. (Well, allegedly.) Space for sale... | |
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dag said: "You put water into a cup, it becomes the cup...Now water can flow or it can crash. Be water, my friend." - Bruce Lee
"Water can nourish me, but water can also carry me. Water has magic laws." - JCVD | |
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bboy87 said: luv4u said: AP Source: Jackson in $200 million-plus posthumous recording deal with Sony Music
at 22:21 on March 15, 2010, EDT. By Ryan Nakashima, THE ASSOCIATED PRESS In this Feb. 24, 1988 file photo, Michael Jackson performs during his 13-city U.S. tour in Kansas City, Mo. The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. (THE ASSOCIATED PRESS/Cliff Schiappa, File) LOS ANGELES - The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. The record-breaking contract could be worth up to $250 million if certain conditions are met. One of the albums will be of never-before-released Jackson recordings that will come out in November, the person said. The person spoke on condition of anonymity because the official announcement is expected Tuesday. ©The Canadian Press, 2010 orgasms everywhere Yeah, me too. Even though, I know Mike would probably not approve of it, but damns I still wanna hear all that. It´s sad that the damn Sony is going to make money off him again even though they only caused him troubles in the last years. "When Michael Jackson is just singing and dancing, you just think this is an astonishing talent. And he has had this astounding talent all his life, but we want him to be floored as well. We really don´t like the idea that he could have it all." | |
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mookie said: http://www.latimes.com/entertainment/news/la-et-michael-jackson16-2010mar16,0,7082645.story
Michael Jackson estate, Sony Music Entertainment strike distribution deal The contract includes unreleased recordings, DVDs, video games and theater. It could be worth $250 million. Administrators of Michael Jackson's estate and his longtime record label, Sony Music Entertainment, Monday announced a seven-year distribution deal for as many as 10 new Jackson projects, including unreleased recordings, DVDs and perhaps even video games, valued at as much as $250 million. "We and Sony feel that the future for Michael Jackson is unlimited," said John Branca, a special administrator for the estate. Rob Stringer, chairman of the Columbia Epic label group, a division of Sony, described the deal as a landmark for the recording industry. "The audio rights span across different projects," Stringer said. "There may be theater. There may be films and movies. There may be computer games -- or multimedia platforms that I don't know about today that will happen in 2015." Jackson died in Los Angeles on June 25, 2009 of acute intoxication from the powerful anesthetic propofol as he was preparing for a series of comeback concerts in London. Monday's deal eclipses such agreements as Bruce Springsteen's $110-million, seven-album deal with Columbia Records signed in 2005 and British pop crooner Robbie Williams' $150-million, five-album deal with EMI in 2002. Although Sony enters into the new agreement at a time of plummeting album sales and widespread music industry contraction, sales of so-called "legacy acts" and Jackson's in particular, suggest the potential upside of the agreement. In the nine months since Jackson's death, more than 31 million of his albums have been sold worldwide (with two-thirds occurring overseas), according to a source with knowledge of Jackson's financial dealings who insisted on anonymity because he was not authorized to speak publicly. Those sales and various recent licensing deals have brought in close to $250 million to the estate -- easing a substantial portion of the nearly half-billion dollars in debt Jackson owed to financial institutions at the time of his death. The Elvis Presley's estate takes in between $50 million and $60 million annually through music sales and licensing deals. Jimi Hendrix's posthumously released album "Valleys of Neptune" may sell 100,000 copies in its first week of release according to Billboard magazine. And in addition to several recent re-releases and repackaging of the singer's CDs and movies, Frank Sinatra's estate signed a deal with Warner Music Group in 2008 to explore projects including a restaurant chain, an Old Blue Eyes-themed casino and the use of Sinatra's image to market luxury goods. The Beatles continue to thrive in the marketplace four decades after their breakup and despite the deaths of two members, John Lennon and George Harrison. More than 60 million Beatles albums have been sold domestically since Nielsen SoundScan began tracking retail sales in 1991. "If you look at Elvis and the Beatles, and how their brands are thriving, they only hint at what the future holds for Michael," Branca said. Sony and the Jackson estate already have plans in place for a reissue of Jackson's multi-platinum selling 1979 album "Off the Wall" next year, that will contain a trove of new, exclusive material. "The stuff we have in the vaults around that record is fascinating and remarkable," Stringer said. "We're going to build a whole platform with a documentary. The outtakes are fantastic! We have a lot of great stuff from around every time period [in Jackson's career]. We're plowing through everything now to understand what we've got." As well, Jackson estate co-executor John McClain -- a 40-year confidant of the entertainer who produced part of Jackson's 2001 album "Invincible" -- is spearheading the selection of an album of previously unreleased material that could hit shelves late this year. "John McClain tells me they've got over 60 unreleased recordings that they're choosing from," Branca said. "The first album will have around 10. There's some very recent stuff and vintage stuff that deserves to be shared with Michael's fans." I have all the albums I need when it comes to Michael. I’m fine with just having the albums he knew about. I seriously doubt I will be buying that, I don’t even do that with tupac. I really want those tour’s (DVD) even the Jackson 5 cartoon lol , any vintage footage I want. Those mean more to me than a new album. They know Michael fans will buy anything with his name on it, just like Sony trick fans into buying the this is it soundtrack lol. They probably go into Michael’s vault and put any ole song on there and pass it off as a new album. I'm just not Excited about any new albums to be honest. [Edited 3/16/10 7:54am] | |
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EmeraldSkies said: mookie said: http://online.wsj.com/article/SB10001424052748704588404575124023860735864.html?mod=googlenews_wsj
Sony Places Big Bet on a Fallen 'King' Music Company Signs $250 Million Album Deal With Jackson Estate Months after his death, Michael Jackson set a music-industry record, thanks to a deal between his estate and Sony Corp. valued at as much as $250 million, according to people familiar with the terms. The deal—touted by both Sony and Mr. Jackson's estate as the most lucrative recording contract ever— guarantees the estate at least $200 million. With 10 albums over seven years, the deal will involve a mix of previously unreleased songs and new packages of familiar ones. The dollar amount is especially striking against the backdrop of the music industry as a whole, in which U.S. album sales have plunged 52% in a decade. Superstar deals worth tens of millions of dollars per album were rare even at the peak of the CD-sales boom in the late 1990s. Yet it also underscores that the biggest acts are becoming even more essential to record labels, as individual fans purchase fewer albums each year. [JACKSONjump] European Pressphoto Agency Sony has sold an estimated 31 million Jackson albums since his death. Since Mr. Jackson's death on June 25, Sony has sold an estimated 31 million of his albums globally. By the first anniversary of his death, his estate expects to have earned $250 million from sales of music, merchandise and tickets to the posthumous concert film "This Is It." The advances being paid by Sony are to be offset by sales of albums as well as revenue generated by licensing Mr. Jackson's music for uses like videogames, movies and theatrical performances. But unlike the megadeals struck in recent years by concert promoter Live Nation Entertainment Inc. with pop stars Jay-Z and Madonna, the Jackson deal doesn't give Sony income from other parts of the late singer's business, such as merchandise sales or fees for licensing his name and likeness. In an interview, Rob Stringer, chairman of Sony Music Entertainment's Columbia/Epic Label Group, said that his company was confident it would more than recoup its hefty investment, which he characterized as more than just a record deal. "We see it as a partnership," Mr. Stringer said. The deal should give Mr. Jackson's heirs plenty of breathing room with respect to the crushing debt load he had built up in his final years. With his album sales dwindling and concert touring ground to a halt, Mr. Jackson borrowed heavily to finance his lavish lifestyle The estate is likely to pay off about $125 million in debt by the end of this year, including $35 million owed to AEG Live, the promoter that was to stage a series of concerts by Mr. Jackson in London. The estate is likely to refinance another $325 million backed by Mr. Jackson's two biggest assets: Sony/ATV Music Publishing, his venture with Sony that owns copyrights to 251 Beatles songs; and his 2,600-acre Neverland Valley Ranch outside Santa Barbara, Calif. A $300 million loan backed by Sony/ATV and held by Barclays PLC matures at the end of the year, and before Mr. Jackson's death it loomed as a major financial challenge. In striking the deal, Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage. A record contract struck in the early 1980s gave Mr. Jackson ownership of his recordings. Sony had the right to distribute those recordings through 2015. The new deal extends that right until 2017, and adds the rights to material recorded since then. The new deal, like the one from the 1980s, was negotiated by John Branca, Mr. Jackson's long-time lawyer and now an administrator of the estate. The deal retroactively covers the soundtrack album to "This Is It," plus a range of other releases, some of which have been mapped out, with others to be determined later. An album of previously unreleased songs is likely to hit stores before the end of this year, and another collection is due out later. The deal is also likely to cover expanded reissues of Mr. Jackson's albums "Off the Wall" and "Bad," as well as collections of remixes. A DVD of all of Mr. Jackson's music videos is likely to be created at some point. Speculation has circulated that Cirque du Soleil would create a Las Vegas show based on Mr. Jackson's music, as it already has done with Beatles' music. If it does, a soundtrack album of some kind would likely be part of the deal. The estate could probably wipe out the debts entirely by selling its half of Sony/ATV, although such a drastic step is viewed as unlikely now that Mr. Jackson's posthumous business is generating so much cash. Mr. Jackson acquired ATV for $47.5 million in 1985. Sony in 1995 paid $150 million to become a 50% partner in the venture. Mr. Jackson's half is now valued at at least $1 billion. Sony.. There is already DVD's on Michael's videos! Give us the damn tours!! Exactly I seen Michael's videos god knows how many times give me something else. What is wrong with them smh. | |
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bboy87 said: EmeraldSkies said: Sony.. There is already DVD's on Michael's videos! Give us the damn tours!! BUT we don't have a COMPLETE collection of his videos. This gives them the opportunity to release all of his videos in HIGH DEFINITION quality Keep On Dancing Goin' Places Off The Wall I don't remember seeing these video's | |
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bboy87 said: EmeraldSkies said: Sony.. There is already DVD's on Michael's videos! Give us the damn tours!! BUT we don't have a COMPLETE collection of his videos. This gives them the opportunity to release all of his videos in HIGH DEFINITION quality Keep On Dancing Goin' Places Blame It On The Boogie Shake Your Body Down To The Ground Don't Stop Til You Get Enough She's Out Of My Life Rock With You Off The Wall The Triumph: Can You Feel It Billie Jean Beat It Say Say Say Thriller Billie Jean '84 Bad The Way You Make Me Feel Speed Demon Liberian Girl Another Part Of Me Man In The Mirror Dirty Diana Smooth Criminal Leave Me Alone 2300 Jackson Street Jam In The Closet Remember The Time Heal The World Black Or White Who Is It Who Is It (US version) Give In To Me Will You Be There Will You Be There (Alternate Version) Gone Too Soon Gone Too Soon (Alternate Version) Whatzupwitu Scream They Don't Care About Us (Prison Version) They Don't Care About Us (Brazil Version) Stranger In Moscow Earth Song Come Together You Are Not Alone Childhood HIStory Blood On The Dancefloor Why Ghosts You Rock My World Cry What More Can I Give? Cheater Wanna Be Startin' Somethin' 2008 This Is It well if they actually release a DVD set with ALL his videos,that would be nice. I still want those tours though. Music washes away from the soul the dust of everyday life. ~Berthold Auerbach | |
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mimi07 said: Timmy84 said: They ain't gonna do it. party pooper we should write to them, i want the tours so bad! I have seriously thought of this. If we got a petition set up,and sent them a huge list of people interested in the tours,maybe they would fnally pull there heads out,and realize that is where the money is,that is what the fans are really wanting. I just don't know where exactly to send it to. [Edited 3/16/10 17:48pm] Music washes away from the soul the dust of everyday life. ~Berthold Auerbach | |
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babybugz said: bboy87 said: BUT we don't have a COMPLETE collection of his videos. This gives them the opportunity to release all of his videos in HIGH DEFINITION quality Keep On Dancing Goin' Places Off The Wall I don't remember seeing these video's Me, neither. I´d love to see them. "When Michael Jackson is just singing and dancing, you just think this is an astonishing talent. And he has had this astounding talent all his life, but we want him to be floored as well. We really don´t like the idea that he could have it all." | |
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Sony Inks Reported $250 Million Michael Jackson Deal
By DOUGLAS MCINTYRE Posted 5:00 AM 03/16/10 Sony Michael Jackson, like Elvis Presley before him, may make more money in death than in life. Sony (SNE) has signed a deal with the departed singer's estate worth as much as $250 million. The Wall Street Journal reports that "With 10 albums over seven years, the deal will involve a mix of previously unreleased songs and new packages of familiar ones." The contract may be the largest record deal in history. The paper reports that 31 million Jackson albums have been sold since his death on June 25. The Journal says, "The advances being paid by Sony are to be offset by sales of albums as well as revenue generated by licensing Mr. Jackson's music for uses like videogames, movies and theatrical performances." Sony can distribute Jackson's material through 2017, so it's betting on the artist's long-term appeal. The deal is also retroactive to cover the income from Jackson's concert film This Is It, although other parts of the Jackson estate are not included in the agreement. The income from the transaction will be used, at least in part, to pay down tens of millions of dollars in debts that Jackson owed. The Forbes annual list of dead celebrities, called "Dead Celebs," shows that the bet on Jackson is probably a safe one. He ranks third on the list with $90 million in earnings in 2009. Yves Saint Laurent is first with $350 million followed by Rogers & Hammerstein at $235 million. Elvis is fourth at $55 million. Jackson has regained his popularity but at an awful cost. LOVE ♪♫♪♫ ♣¤═══¤۩۞۩ஜ۩ஜ۩۞۩¤═══¤♣ | |
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