Heads Up Hollywood

Michael Jackson's status in the music world is obviously not just as simple as a superstar.

If he was just a person who sang and danced, he and the team behind him would not be able to fall out with the record company.

He's also one of the most powerful people in the recording industry!

As we all know, Michael Jackson is very rich, he holds two music companies, which are the two lifelines of his financial resources - ATV company and MIJAC company.

This is a family history full of blood and tears.

In 1986, Michael Jackson spent US$47.5 million to buy part of the copyrights of songs including Elvis Presley, Madonna, Oasis, Bob Dylan and other super stars.

These copyrights belong to a record publishing company called ATV.

However, that's all.

ATV company also includes the copyright of more than 200 "The Beatles" songs!

And the one who competed with Michael Jackson for the ATV company... Paul McCartney, the leader of the "Beatles" band.

Let Paul McCartney buy back the copyright of his own songs, which in anyone's eyes, is a very normal thing.

As a result, he was paid a sky-high price by Michael Jackson.

This incident directly led to a break between Michael Jackson and everyone in the music world, especially with the British music world. It also left hidden dangers for the BBC and other British forces to spare no effort to stink Michael Jackson.

Later, Michael Jackson established MIJAC Music Publishing Company, which only included his own songs. And all his song copyrights belong to Columbia Records.

At the time, Sony had just completed the acquisition of Columbia Records to form Sony Music.

The contradiction was out of control.

It was 1993.

Then, Michael Jackson's first child sexual abuse scandal broke out.

After that, it was Michael Jackson's compromise.

He made an agreement with Sony Records, and Sony Records will get the distribution rights of all songs and albums from MIJAC.

In disguise, it is equivalent to Michael Jackson's songs returning to the embrace of Sony Records.

During that time, Michael Jackson had sought refuge in Universal Music and EMI, but none of them could solve the problem.

When Sony Records takes over, the scandalous private negotiations will go smoothly.

Not only that, Sony Records bought half of Michael Jackson's ATV Music Company at a cost of "1+1" million dollars!

Even though the copyright of ATV's songs is less than 400, each of them is a heavyweight song, all of which come from music superstars.

Every year, 35% of ATV's copyright revenue will be given to the corresponding stars, and the rest will be shared equally between Sony Records and Michael Jackson.

Even so, Michael Jackson was making $50 million a year from ATV companies.

This small music publishing company has a valuation of $1 billion.

The conflict between Sony and Michael Jackson has come to an end.

In 2001, Michael Jackson released a new album "Invincible", which sold 10 million copies worldwide.

10 million records are sold, which is a very impressive number for any other singer. But for Michael Jackson, it was insulting.

The second conflict broke out between the two sides.

Michael Jackson publicly accused Sony Records of not seriously promoting his new album and refusing to budget for a music video, resulting in mediocre sales. They even organized fan clubs in London and New York to denounce Sony publicly, with slogans such as "Fuck off Sony" and "Anti-Sony".

Tommy Mottola, the president of Sony Records, was furious because of this, pointed at Michael Jackson's nose and cursed, said a lot of insults involving racism, and said angrily: "I will destroy you!"

Sony Records subsequently made a public relations crisis, fired Tommy Mottola, in an attempt to bring Michael Jackson back to the negotiating table.

However, this time Michael Jackson did not compromise.

Then, the second sexual assault scandal emerged.

Even now, Michael Jackson is still grounded by the Los Angeles court. Not only is he not allowed to stand, but domestic actions must be approved by the police.

At the end of March, the case will reopen.

After 3-5 trials, the court will make a verdict on Michael Jackson's child sexual abuse case.

Obviously, this time, the two sides did not reach an agreement on interests, and they really fell out.

That time ten years ago, although there was a lot of trouble, it turned out to be private.

If the chain of evidence is extremely unfavorable to Michael Jackson in this trial, then he will be imprisoned.

This time, the two sides really went all out!

Of course, there is no direct evidence that Sony was behind the Michael Jackson sexual abuse scandal.

However, the directivity is very obvious.

Tang En's suggestion to Steve Burke is to point out the direction behind this case through media and public opinion, so that Sony will be under strong public pressure, and the case of NBC's acquisition of Sony Entertainment will go very smoothly.

But the problem is that many industry leaders, including Steve Burke, generally believe that the Michael Jackson scandal... is real.

The evidence is too strong.

Once it is not handled well, it will put Sony on the moral high ground, and NBC will become an accomplice to help Michael Jackson whitewash his identity.

The risk is too great.

In this trial, Michael Jackson is likely to fall!

"I am greedy when others are fearful, and fearful when others are greedy. Steve, in my opinion, the Michael Jackson case is just an opportunity! An opportunity to cooperate with him and get the right to operate two companies, ATV and MIJAC! "

In the living room, Tang En's eyes were piercing.

ATV and MIJAC are two companies that only have song copyrights and lack of business operations. If you want to publish songs and have more income channels, you must cooperate with traditional record companies.

The current record market is already highly monopolized.

Either Sony, or Universal, or Warner.

Add a Disney at most.

Whoever sends charcoal to Michael Jackson at this time is the best opportunity to cooperate with him.

"this……"

Steve Burke couldn't make a decision, he looked puzzled, "Twain, his case... I have been paying attention to it for more than half a year. The more you investigate and understand, the more you will find that there is a real truth in it." The big problem here is far from the fact that the Japanese can frame it."

To put it bluntly, he is not optimistic that Michael Jackson can pass this level.

Tang En spread his hands, his expression indifferent, "If you can't handle it, then leave it to me."

"This is too risky!"

Steve Burke looked ugly.

He also understood the value of Michael Jackson's two music companies.

If he really passed the risk, and NBC successfully merged and acquired all the industries under Sony Entertainment, and took over Sony Records. Michael Jackson would also create tremendous value.

Risks...Benefits...

The greater the risk, the greater the benefit, it is difficult to choose!

Tang En said indifferently: "Take risks? I'm not afraid. I told you a long time ago that I'm his fan. I'm willing to take risks for him and pay for him."

Steve Burke forced a smile on his face.

Laughing is uglier than crying!

It's hard to make a choice in this matter!

Give the opportunity to Tang En?

If Michael Jackson is really imprisoned forever, it's okay, Tang En will bear the risk, and with Tang En's help, NBC can successfully develop Sony Entertainment's industry. At most, it will lose the right to operate the company owned by Michael Jackson. Anyway, there are not many benefits.

If a miracle really happened, Michael Jackson was acquitted. Then Steve Burke may have cried, letting go of Michael Jackson will be the biggest failure in his career.

"Twain, this matter... I have to think about it." Steve Burke pondered for a long time, and said slowly.

Tang En smiled and said: "The risk is directly proportional to the benefit. If you really wait until the trial, or even when the judge is about to make a guilty verdict... Even if you want me to take over, I will not agree."

"I know!"

Steve Burke looked serious.