I honestly wouldn't be surprised if she was broke. But I need something concrete. Every article I've read is just speculation. And that one is no different.

Terrib3Towel said:

I honestly wouldn't be surprised if she was broke. But I need something concrete. Every article I've read is just speculation. And that one is no different.

Yeah a lot of things are really speculation at the moment. Everyone seems to wanna pitch in their two cents... reminds me of how they did Michael.

Michael, as we subsequently learned, was deep in the red.

We will know soon if Whitney died with no assets.

Whitney Houston's Portrait Hard to Swallow

Identity said:

I got this issue last week.

On newsstands March 20th.

Identity said:

On newsstands March 20th.

Oh wow, that's a nice one...

Gone But Never Forgotten: Whitney Houston Graces The Cover Of Essence Magazine

Essence Magazine pays homage to Whitney Houston by placing her on the cover of their April issue…

Whitney had “The Voice”. Before the term was even coined and show was ever thought of:

When she burst onto the scene in 1985, her self-titled album sold 10 million copies in the U.S. alone. With her second album, Whitney, she became the first woman to enter the Billboard album charts at number one.

Whether singing sophisticated pop ballads or soul-stirring gospel, her songs moved us to dance and to tears. Her unparalleled talent influenced an entire generation of young performers: Mariah. Beyoncé. Christina. Alicia. To millions she was pop royalty. But to those who knew her and loved her, she was the girl from Newark who was blessed with one of the greatest musical instruments of our time.

Will you be picking up the April issue?

NJ funeral home denies role in Whitney Houston casket photo but says it knows culprit’s ID

Terrib3Towel said:

Seriously, what's the fucking deal with crack vs cocaine. The shit is bad for you period and will KILL you.

Scary J. Blige needs to get off her high horse. Bitch know good and well she didn't give a shit how she got high.

Timmy84 said:

Identity said:

On newsstands March 20th.

Oh wow, that's a nice one...

Except for Jet's, those are some pretty disappointing tribute covers. Of all the hundreds of fantastic photos of Whitney, those are the best shots these magazines could put together?

prodigalfan said:

Timmy84 said:

Oh wow, that's a nice one...

I thought this was Chaka when I first looked at it.

They kinda do favor each other with this pic...

NaughtyKitty said:

Whitney Houston's estate won't yield heirs any money for a long time because of huge debt

One estimate claims it would take 5 million album sales to get out of the red

If Whitney Houston’s heirs are counting on royalties from her record company Sony, they may soon feel like paupers.

On Wednesday, music-industry blogger Wayne Rosso quoted a label executive “familiar with Sony’s accounting” who said the late singer’s estate probably won’t see any royalty checks from her record label “in our lifetime” — and maybe longer — thanks in part to the number of advances and loans she took from the $100 million deal she cut with Sony Music in 2001.

On Wednesday, Rosso, an outspoken veteran of the music business who has consulted for CBS, Island, MCA, Arista and RCA Records, to name just a few labels, posted a report in his Wayne’s World blog titled, “Whitney to Sony: I Will Always Owe You.”

In it, Rosso estimated that Houston would have to posthumously sell more than 5 million albums “to repay her advances and start to get royalty checks. ”

Although sales of Houston’s music has seen a significant sales bump since her untimely death on Feb. 11, the eve of the Grammys, Rosso estimates that her greatest-hits album would have to occupy the No. 1 slot on the Billboard charts for the next six months to hit the goal.

In today’s fickle culture, Rosso’s source notes, “That ain’t going to happen.”

Rosso also writes that on top of the advances Houston took from her 2002 deal, the “How Will I Know” singer “consistently took out loans from the label” with her guardian angel “ Clive Davis ’ assistance.”

The blogger adds that the “last big loan was reportedly from Clive for $1.2 million, though everyone knows it came from Sony and not from Clive.”

A spokeswoman for Sony-owned RCA Records, which was Houston’s label, declined to comment.

Houston’s spokeswoman Jill Fritzo did not respond to a request for comment by deadline.

Rosso also quotes an insider who points out that Houston’s estate may face an even bigger problem in the long term: “They don’t have a smart guy like” the co-executor of Michael Jackson’s estate, John Branca , “who would have marched into Sony the day after Whitney died and renegotiated the deal,” said the source.

Rosso also quotes another Houston “loyalist” who notes that there’s been no real industry professional to look after Houston’s career and business opportunities since she broke with her manager, father John Houston, who died in 2003. (His company had negotiated her $100 million deal.)

In January, Radaronline quoted a source as saying Houston was essentially broke. “Whitney’s fortune is gone,” said a source close to the singer. “Music-industry heavy hitters are supporting her and her label is fronting her cash against her next album.” The source added: “She might be homeless if not for people saving her.”

Read more: http://www.nydailynews.co...z1nsMuV918

Wow,this is sad Apparently,she was living off the huge advances from her label....all of which has to be paid back.

SoulAlive said:

NaughtyKitty said:

Whitney Houston's estate won't yield heirs any money for a long time because of huge debt

One estimate claims it would take 5 million album sales to get out of the redRead more: http://www.nydailynews.co...z1nsMuV918

Wow,this is sad Apparently,she was living off the huge advances from her label....all of which has to be paid back.

So, the reports were true after all, I can't say I'm all that surprised. Well, her fans could step-up and get her out of dept, its not impossible nor improbable. I've always admired fan loyalty and support of an artist/musician.

As far as the Hallmark card I saw it in Walgreens last year, at the time I thought how odd.

------------------------

[Edited 3/2/12 8:18am]

It's clear now why she never severed ties with the label. She was receiving advances against her royalties and securing loans. Perhaps more touring might have helped, but then again, you need money to tour.

^Yeah, I found the actual blog post about the Whitney/Sony deal, and its really interesting

According to a very highly placed industry source who is very familiar with the Whitney situation, the deal most likely looks like every major superstar recording contract these days. The deal would be something like this: 4 studio albums and 2 compilation album (Greatest Hits, Number One’s, something like that) with a $25 million advance for the first album (Just Whitney) and a $10 million advance for the second album (I Look To You). Tacked on to that advance would be the costs of the music videos at approximately $500,000 each (there was a total of 6 music videos produced under the new deal which would total approximately $3 million in costs). That would bring the total amount of money that Whitney Houston would owe Sony to approximately $38 million. Maybe more. Her royalty rate was most likely $4 per album, and the new deal would have reset all future royalty payments on past catalog. Any deficits in her royalty account up to that point were more than likely wiped out, according to the source, basically giving Houston a fresh start. This means that Whitney would have to sell at least 9.5 million albums to repay her advances and start to get royalty checks.

The full post is at http://www.waynerosso.com...s-owe-you/

[Edited 3/2/12 8:45am]

@ all these 'sources.'

I wouldn't try laughing off the "broke" rumors just yet. Whitney wasn't exactly known for having financial shrewdness.

I am pleased with the People Magazine Whitney Tribute I purchased as its filled with photos, some going back to her early days as a model and commerical actress. There are family photos, photos from her life with Bobby, baby pics of Bobbi, and toward the end there is one section I can't stand but am still appreciate of the photos. Its called RAY OF HOPE. I don't have to tell you what the editor meant when they said "Ray".

Seroiusly, wtf?

HotGritz said:

I am pleased with the People Magazine Whitney Tribute I purchased as its filled with photos, some going back to her early days as a model and commerical actress. There are family photos, photos from her life with Bobby, baby pics of Bobbi, and toward the end there is one section I can't stand but am still appreciate of the photos. Its called RAY OF HOPE. I don't have to tell you what the editor meant when they said "Ray".

Seroiusly, wtf?

OH LORD! I know exactly what you mean. Ray J. ain't special at all oh my Lord. Some people wanna romanticize him because of his "sorrow for Nippy". Fuck outta here.

Timmy84 said:

HotGritz said:

I am pleased with the People Magazine Whitney Tribute I purchased as its filled with photos, some going back to her early days as a model and commerical actress. There are family photos, photos from her life with Bobby, baby pics of Bobbi, and toward the end there is one section I can't stand but am still appreciate of the photos. Its called RAY OF HOPE. I don't have to tell you what the editor meant when they said "Ray".

Seroiusly, wtf?

OH LORD! I know exactly what you mean. Ray J. ain't special at all oh my Lord. Some people wanna romanticize him because of his "sorrow for Nippy". Fuck outta here.

He was and is an opportunist.

HotGritz said:

Timmy84 said:

OH LORD! I know exactly what you mean. Ray J. ain't special at all oh my Lord. Some people wanna romanticize him because of his "sorrow for Nippy". Fuck outta here.

He was and is an opportunist.

I don't trust his willy nilly ass. No one can convince me he's being sincere about losing Whitney. Nothing. Especially the rumor that he and Nippy allegedly did a sex tape. Fuck him.

Identity said:

Michael, as we subsequently learned, was deep in the red.

We will know soon if Whitney died with no assets.

Michael had several different publishing companies where he wrote his music on and was still getting royalties on so it was easier for his estate to do what they did. I'll wait until I hear the truth about how much Whitney's estate was worth.

The Insider is about to reveal who took the PHOTO!!! watching now.

banks said:

The Insider is about to reveal who took the PHOTO!!! watching now.

Let us know who took it...

http://finance.yahoo.com/...00715.html

Oprah Winfrey Exclusive Interview with Whitney Houston's Daughter Bobbi Kristina and Her Family to Air on 'Oprah's Next Chapter' Sunday, March 11 on OWN

Press Release: OWN: Oprah Winfrey Network – 1 hour 48 minutes ago

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LOS ANGELES, March 2, 2012 /PRNewswire/ -- Oprah Winfrey sits down with Whitney Houston's daughter Bobbi Kristina, her sister-in-law and manager Patricia Houston and Whitney's brother Gary Houston in an intimate interview to air as a special episode of "Oprah's Next Chapter" Sunday, March 11 (9:00 – 10:00 p.m. ET/PT) only on OWN: Oprah Winfrey Network.

In the special, Winfrey speaks with those closest to the legendary singer, as Bobbi Kristina shares personal memories of her mom and how she would like the iconic superstar to be remembered. The family also addresses the rumors and speculation surrounding Houston's death.

Preceding the all-new "Oprah's Next Chapter," "Remembering Whitney: The Oprah Interview" will re-air March 11 (7:00 – 9:00 p.m. ET/PT), featuring Whitney Houston's last in-depth television interview from "The Oprah Winfrey Show" as Winfrey reflects on her personal memories of the superstar.

Additional original "Oprah's Next Chapter" episodes airing in March include Lady Gaga (March 18) and Gloria Steinem (March 25).

OPRAH'S NEXT CHAPTER Lady Gaga – Sunday, March 18 (9:00 – 11:00 p.m.)

Oprah Winfrey travels to New York City to give the world its first look inside the apartment Lady Gaga grew up in and still calls home. And for the first time ever Gaga's mother, Cynthia, breaks her silence on what it's like to be the mom of the most famous and controversial pop star on the planet. Notoriously tight-lipped about her personal life, Lady Gaga also opens up about love, marriage and children. Oprah, Lady Gaga and Cynthia also meet up at Harvard University in Cambridge to help launch the project Lady Gaga says is the most important work of her life.

OPRAH'S NEXT CHAPTER Gloria Steinem – Sunday, March 25 (9:00 – 10:00 p.m.)

Oprah and legendary feminist/activist Gloria Steinem sit down with 60 outspoken students at Barnard College—the most selective women's college in the U.S.—for a dynamic, provocative and no-holds barred conversation. Gloria, Oprah and the students talk about everything from on-campus vending machines selling the "morning after" pill to what sexual empowerment looks like today. Then, Oprah visits Gloria at her bohemian New York City brownstone for an in-depth, one-on-one conversation. Gloria reveals her tough childhood, becoming her mother's caregiver at age 10, marrying at age 66 and the most painful regret of her life.

About OPRAH'S NEXT CHAPTER

The new primetime series (Sundays, 9 p.m. ET/PT) features Oprah Winfrey as she steps outside of the studio for riveting, enlightening and in-depth conversations with newsmakers, celebrities, thought leaders and real-life families. Produced by Harpo Studios. Follow the conversation on Twitter #NextChapter

About OWN: OPRAH WINFREY NETWORK

A joint venture between Harpo, Inc. and Discovery Communications, OWN: Oprah Winfrey Network is a multi-platform media company designed to entertain, inform and inspire people to live their best lives. OWN debuted on January 1, 2011, in approximately 77 million homes on what was the Discovery Health Channel. The venture also includes the award-winning digital platform, Oprah.com. For more information, please visit www.oprah.com/own and www.press.discovery.com/us/own.

It seems like every other day, Harpo gives me new reason to shake my head at her...