Beatles Catalogue Sold Over Michael Jackson’s Dead Body

“The Beatles catalogue is not for sale, has not been for sale and will never be for sale.” Michael Jackson

BBC News Storywww.bbc.co.uk

Almost 7 years after Michael Jackson’s manslaughter, the Michael Jackson Estate has finally cut the deal that Jackson’s friends and family claim he believed he would be killed for; Sony Music has taken ownership of Jackson’s 50% share of the Sony/ATV music-publishing catalogue it had jointly owned with him since 1995. News of the deal broke on March 15th, 2016.

Jackson’s former lawyer, John Branca, now executor of the Michael Jackson Estate and, coincidentally, also an advisor to Sony Music, oversaw the sale.

Public court records show several of Jackson’s friends and relatives (Jackson’s former spokesperson, Raymone Bain, Jackson’s father Joseph, Jackson’s brother Randy) have stated under oath that Jackson, for several years prior to his death, had suspected John Branca of working against his best interests.

Testimony in Jackson’s 2005 criminal trial revealed private investigative firm, Interfor International, had been hired to investigate John Branca’s conduct and alleged conflict of interest. Lawyer David LeGrand testified in open court that Interfor’s report revealed, among other findings, a bank account located in the Caribbean which both Branca and former head of Sony Music Tommy Mottola – who Jackson had publicly accused of sabotaging his career in 2002 – had access to.

In 2003, according to LeGrand, Jackson had Branca fired after expressing his concern about Branca’s ‘loyalty’. One alleged conflict of interest was that the Ziffren law firm, with whom Branca worked, had represented both Jackson and Sony Music – joint shareholders of the world’s largest music publishing catalogue – at the same time

2003 Firing Letterwww.scribd.com/doc/43788480/You-Re-Fired

According to those closest to him, Jackson repeatedly alleged that forces were conspiring against him in order to obtain his 50% share of Sony/ATV.

Latoya On Michael Jacksonwww.theguardian.com/music

“He expressed to me his concern over his life.” Lisa Marie Presley


Jackson frequently spoke of a ‘conspiracy’ against him. One such claim was made during his 2005 trial, in a radio interview with Reverend Jesse Jackson, in which he spoke about his concerns over his stake in Sony/ATV.


“There’s a big fight going on right now… there’s a lot of conspiracy going on right now as we speak.” Michael Jackson


Jackson’s relationship with Sony deteriorated so badly that after his death, his 2005 trial lawyer Thomas Mesereau revealed that while he never saw any evidence to support the claim, Jackson had told him during the trial that he fully believed Sony Music was somehow involved in his prosecution.


“Michael Jackson was very verbal that he thought Sony was involved.” Thomas Mesereau


In 2002, Jackson staged anti-Sony demonstrations in London and New York. Several of the New York events, where pictures seem to show Jackson wearing a bulletproof vest, were attended by his friend Reverend Al Sharpton, who has since publicly claimed Jackson told him that he believed people were after his catalogue.

Michael Jackson London Protest Sony Is PhoneyMichael Jackson London Protest Sony SucksMichael Jackson New York Protest

“I own half of Sony’s publishing and I’m leaving them… and they’re very angry at me.” Michael Jackson


“He felt that they were trying to take his catalogue.” Reverend Al Sharpton

(Side note: Sharpton has also publicly claimed he was with Jackson in New York from Friday, 5th July 2002, until 9th of July 2002).

After Jackson’s manslaughter, Branca took control of his Estate using a Will naming him and John McClain as executors. That Will was purportedly signed on July 7th, 2002 in Los Angeles. It has since been claimed by Jackson’s relatives that Jackson was in New York at the time, protesting against Sony. Reverend Al Sharpton has publicly claimed he was with Jackson in New York on the date the Will was supposedly signed in Los Angeles. Photographs and videos show Jackson in New York on the days either side of the supposed Will-signing.

No official statement has ever been forthcoming regarding that discrepancy. The only comment that has ever been made has been from an anonymous TMZ ‘source’ who claimed that ‘the person who wrote “Los Angeles” is one of the witnesses to the will and simply forgot where he was.’


“That weekend that Michael Jackson was to have signed that Will in Los Angeles he was, in fact, in Harlem with me that weekend.” Reverand Al Sharpton


After Branca assumed control of the Jackson Estate, some long-time fans voiced concerns online that that he would sell Jackson’s share in Sony/ATV back to Sony Music. However, Branca publicly stated that the publishing catalogue was a ‘cornerstone asset’ that the Estate would hold onto for Jackson’s ‘children and family’.


Piers Morgan: “The publishing rights alone were worth several billion dollars.”
John Branca: “Those are cornerstone assets that we plan on keeping for Michael Jackson’s children and keeping those in the family.”

John Branca: “You never know what something’s worth unless you sell it and we’re not sellers. We’re not selling any assets.”


In early 2014, news broke that the IRS believed the Jackson Estate had ‘grossly misled’ them with its valuation of the Estate for tax purposes.

The Estate had seemingly claimed in a tax return that Jackson’s 50% of stake in Sony/ATV – which includes the famed Beatles catalogue, and which it sold this week for $733,000,000 – was worth $0.00.

The sum total demanded by the IRS in back taxes and penalties was just shy of three quarters of a billon dollars, $731,000,000. A court case is now due to start in early 2017.

The Estate v IRStheguardian.com/music

Some long-time Jackson fans wrote online that they believed the court case would be the moment the Estate would try to sell Jackson’s treasured catalogue to Sony Music.

In October 2015, it was reported that Sony Music had triggered a clause in its contract with Jackson, which allowed one of the owners to buy the other half’s shares. The news was seen by many long-time fans as signalling the beginning of the inevitable, even though the original spin on the story suggested the Estate would buy Sony Music’s share, not the other way around.

Sony Triggers Sale Clausewww.musicbusinessworldwide.com

In March 2016, the ‘inevitable’ was finally confirmed; Sony Music had purchased Jackson’s share of Sony/ATV for $733,000,000 – almost the exact figure of the debt the Estate allegedly contrived to owe the IRS.

Distraught fans took to social media to vent their disgust.

Conclusion

Uncharacteristically, multiple members of the Jackson family took to social media to condemn the move. Jackson’s nephew, Randy Jackson, Jnr, tweeted his feelings and was retweeted by multiple members of his family.

Jackson’s own daughter, Paris Jackson, had publicly expressed her feelings towards Sony Music in the week leading up to the sale on her Instagram accounts.

In an effort to placate fans, the Estate eventually penned a letter, which did nothing to abate the ill-feeling. Promises of holding on to whatever assets now remain ring hollow. What Jackson’s children now own can no longer be guaranteed.

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