Cerebus
100% correct. I'm a huge MJ fan, would have loved for him to be a billionaire and thought he could have actually been one if his finances/deals were handled properly but the fact remains he wasn't. Never hovered in that arena. Not in the 70s, not at his peak in the 80s, not in the 90s, and certaintly not into the new millenium. And to mjwifey, I have googled it. And it doesn't support your claim. Generating $1 billion isn't the same as pocketing the same amount. I don't know if these loons understand that. | |
- E-mail - orgNote - Report post to moderator |
The bold confuses me. I thought that dead rich people/celebrities still have net worth, especially if their estates still continue to generate money. It's a business, some examples being the estates of Rodgers & Hammerstein and Elvis Presely.
Also, even though he may have had a cashflow problem, I thought that most of MJ's money was in his assets, which was all added up to a billion dollars or more. If he had sold them, then...we wouldn't be having this discussion right now.
This ones goes into a little more depth: http://www.myjourneytobil...naire.html
Though, I would be hard pressed to find some human being out there walking around with one billion dollars in cold hard cash. | |
- E-mail - orgNote - Report post to moderator |
actually it IS over wen i say itz over and i speak in first person wen reffering to mj cuz i can and a dare u 2 stop me, BITCH stfu.... if ur gonna be that ignorant and keep saying "show me the facts, show me the facts" and im tellin u wher 2 find facts then stop begging me and get them ur self cuz i kno wat im talkin about... and dnt reply back kuz i sure wont, “The only male singer who I’ve seen besides myself and who’s better than me – that is Michael Jackson.” – Frank Sinatra | |
- E-mail - orgNote - Report post to moderator |
Fool. | |
- E-mail - orgNote - Report post to moderator |
Ha-i've looked at the website. It is just that I remember the PR tour being huge and major venues. However looking at these tours it appears they did more dates. Why do you say they get a "Piece of the pie"? This is why I am asking about PR productuions-surely Prince was part of the production company-therefore a major rather a recipient receiver of revenue. Also in terms of the tour isn't he just "I am the artist, yo are the backing band"-would it not be the case that Prince would earn a far greater proportion than those listed | |
- E-mail - orgNote - Report post to moderator |
Warner Bros. footed the funds for Purple Rain and while Purple Films is listed as a producer, I bet the bulk of the money went back to Warner. Space for sale... | |
- E-mail - orgNote - Report post to moderator |
You'll be correct. Warner's still counting their money from Purple Rain. | |
- E-mail - orgNote - Report post to moderator |
Paul McCartney's wealth was due more to his publishing company. He owns 25,000 songs, none of these have anything to do with The Beatles, except early songs that had been under another publisher. Jackson never owned the entire Beatle catalog.. but McCartney owns the licensing to "Annie" which means he got a peace of Jay-Z's "Hard Knock Life" and "Grease", which is one of the best selling soundtracks of all time as well as the Broadway revival put money in his pocket. Add to that the Buddy Holly catalog, and the Frankie Valli catalog (ever hear of the "Jersey Boys" musical?, he gets that.). "Unchained Melody"?
And then there's The Beatles. The Cirque musical, all recordings, 1/4 publishing (the Beatles publishing is broken down into 1/3). Basically, Sony has the majority ownership of the publishing, so they can license the songs to "Glee", but using the songs themselves would have to have general consent.. McCartney wasn't allowed to release a Pepper era song because Harrison objected to it, and his widow has also objected to it. But something like Cirque or Rock Band, was approved across the board.
The Beatles' current representative used to work for Sony. I think this is makes any future projects, remixes, etc a lot easier to get approval. But they're dragging feet on the download versions of their music. McCartney had mentioned a possibility of the catalog being released on Blu Ray.
But when Michael and McCartney went head to head for the publishing, I've always had a theory that Yoko and Michael Jackson had a secret deal worked out, and she put some of her money into Jackson's effort in buying the catalog.
U2 is wealthy because of the constant touring, their ownership of Dublin hotels, bars, and clubs, ownership of their master tapes and publishing.
Bon Jovi makes a lot of money in touring, and Jon's never been divorced. Neither has Bono.
When you're talking about Sean Combs, Jennifer Lopez, Mariah Carey, Britney Spears, also keep in mind they have cologne and perfume lines that line their pockets with a ton of dough, as well as clothing lines. This is where pop musicians make the bulk of their money outside of music.
Also throw in properties, stocks, various investments, wineries, liquor, energy drinks, race cars, art (their own and others) etc.
.
| |
- E-mail - orgNote - Report post to moderator |