Search:



The Web

Rediff




    Home | Movies | Slide Show



Sell his songs, of course.

And not just his gargantuan set of number ones. Jackson owns a massive back catalogue of The Beatles' greatest hits, 251 fab four songs in total, along with classics like Bob Dylan's Blowin' In The Wind. The back-catalogue, named MiJac, is estimatedly worth $1 billion.

The songs are owned by Sony/ATV, an entity 50 percent controlled by Jackson. The company seems inevitably headed towards the auction block.

But this is an acquisition Michael doesn't want to let go of. He bought the Beatles catalogue because he was a great fan (despite the fact that the purchase ruined his friendship with Paul McCartney), and he's held on to it, despite all fiscal advice to sell.

If acquitted, MJ's financial future will remain insecure until he decides to limit expenses and increase income -- a goal that has been increasingly difficult for the superstar over the last decade. However, spilloff publicity from the trial might just lead to an 'American hero' response at the Billboard charts. That is Jackson's only hope.

If, however, convicted, all speculation is unnecessary. Most, if not all, of his assets will be sold, including MiJac and Neverland.

Has popdom's King indeed left the building?

< Back > < Start >   



Article Tools Email this article
Write us a letter


Copyright © 2004 rediff.com India Limited. All Rights Reserved.