Estate-Management-Bericht

Geplante Forumschließung am 20.05.2024

Verhindere die Schließung mit einer Spende:

Jetzt Spenden
  • Ein extra Thread zu den Katalogen hatten wir ja nicht oder?


    Denke dann passt es hier am besten dazu:


    Weltweites Verwaltungsagreement wurde nun unterzeichmet. Michael`s MIJAC-Katalog (100% im Besitz vom MJ-Estate) wird nun von Sony-ATV (50% im Besitz des MJ-Estates) verwaltet (vormals wurde der MIJAC-Katalog von Warner-Chapel verwaltet. )


    The Official Online Team of the Michael Jackson Estate™
    SONY / ATV MUSIC PUBLISHING SIGNS EXCLUSIVE WORLDWIDE
    ADMINISTRATION AGREEMENT TO REPRESENT MIJAC MUSIC CATALOG


    NEW YORK —August 20, 2012—Sony/ATV Music Publishing announced today that the company has entered into a worldwide administration agreement to represent Michael Jackson’s iconic Mijac Music catalog. Founded by Michael Jackson in 1980 as his personal publishing company, Mijac Music grew to include – in addition to all of his own incredible songs – the classic Sly and the Family Stone catalog, songs by the legendary Philadelphia soul team of Kenneth Gamble and Leon Huff as well as songs made famous by other artists such as Ray Charles, Elvis Presley and Aretha Franklin.


    Of the announcement, Martin Bandier, Chairman and CEO of Sony/ATV said, “We are thrilled that the Estate of Michael Jackson has entrusted us with this incredible catalog of songs, and everyone at Sony/ATV looks forward to finding innovative ways to use these songs, while protecting their legacy.”

    Commenting on the deal, John Branca and John McClain, co-executors of the Estate of Michael Jackson remarked, “Michael’s songs in the Mijac Music catalog not only showcase his greatness as a performer but also his creative genius as a songwriter. We are excited that the company Michael helped found, Sony/ATV Music Publishing, and in which his Estate remains a 50% partner, will represent these amazing songs along with a rich collection of other music recorded by some of our greatest popular artists.”


    The agreement comes in advance of the September 18 release of BAD25, a new two-disc-package and DVD that marks the 25th anniversary of Michael’s landmark BAD album.


    The Mijac catalog includes all of the songs written by the legendary King of Pop, Michael Jackson, including “Another Part Of Me,” “Bad,” “Beat It,” “Billie Jean,” “Black or White,” “Can You Feel It,” “Dangerous,” “Dirty Diana,” “Don’t Stop ‘Til You Get Enough,” “Earth Song,” “Heal the World,” “I Just Can’t Stop Loving You,” “Jam,” “Scream,” “Smooth Criminal,” “They Don’t Care About Us,” “Wanna Be Startin’ Somethin’,” “The Way You Make Me Feel” and “We Are The World.”

    Also included in the catalog are some of the most iconic songs in rock, pop and soul music history, including "Ain't No Stoppin' Us Now," “After Midnight,” “Ease on Down the Road,” “Great Balls of Fire,” "(Your Love Keeps Lifting Me) Higher and Higher," “I Got A Woman,” “If You Don’t Know Me By Now,” “Love Train,” “Mr. Bojangles,” “People Get Ready,” “Runaround Sue,” “Shake, Rattle and Roll,” “Sixteen Candles,” “The Wanderer”, “What’d I Say,” “When a Man Loves a Woman” and “You Don’t Know Me”. Of special note the catalog includes the songs made famous by Rock and Roll Hall of Fame artist Sly and the Family Stone, including such hits as “Dance To the Music,” “Everybody is a Star,” “Everyday People,” “Family Affair,” “Hot Fun in the Summertime,” “If You Want Me To Stay,” “Sing a Simple Song,” “Stand” and “Thank You.”

    About Sony/ATV Music Publishing
    Sony/ATV Music Publishing, established in 1995 as a joint venture between Sony and Michael Jackson, is the world’s leading music publisher. Together with EMI Music Publishing, Leiber Stoller, Mijac Music, Motown and the Famous Music catalogs, Sony/ATV owns or administers more than 2 million copyrights, including some of the best known songs ever written. Sony/ATV’s catalog includes “New York, New York,” “All You Need Is Love,” “You’ve Got a Friend,” “Moon River,” “Jailhouse Rock,” “The Mission Impossible Theme,” “Ain’t No Mountain High Enough,” “Over the Rainbow,” “Stand By Me,” “I Heard It Through the Grapevine” and “Singin’ in the Rain.” In addition, Sony/ATV represents the copyrights of such legendary artists as The Beatles, Leonard Cohen, Neil Diamond, Bob Dylan, Marvin Gaye, Michael Jackson, Carole King, Kraftwerk, Joni Mitchell, Willie Nelson, Roy Orbison, Queen, The Rolling Stones, Richie Sambora, Sting, Wyclef Jean, Hank Williams and Stevie Wonder, among others. Its ever-growing list of chart-topping artists, writers and producers includes Beyoncé, Fall Out Boy, Jay-Z, Jessie J, Norah Jones, Alicia Keys, Lady Antebellum, Lady Gaga, John Mayer, P!nk, RedOne, Shakira, Ed Sheeran, Stargate, Taylor Swift and Kanye West.

  • Ich muss nochmal darauf zurückkommen:

    Zitat von »LenaLena«
    Katherine bittet außerdem um zusätzliche 34.700 Dollar pro Monat um ihre Wirtschaftsprüfer und Rechtsanwälte zu bezahlen und die Kosten für das Einfamilienhaus in Gary Indiana und einen Wohnsitz in Las Vegas zu decken.

    Sind die Jacksons immer noch Eigentümer des Hauses in Gary? :was:

    Ja das Haus gehört Kathrine.

    Dazu habe ich einen Artikel vom 24. Juni 2010 gefunden, demnach ist der Eigentümer des Hauses Michaels Cousin David Fossett (mit Bild). :dd:


    shavarross.com

  • 24.08.12: Der Estate baut auf die Zukunft


    Nachlassverwalter John Branca hat in einem Interview den Standpunkt des Estate gefestigt, und einige Pläne für die Zukunft angesprochen. Branca beschreibt die Situation nach Michaels Tod nüchtern: „Als Michael Jackson starb, stand er beinahe vor dem Konkurs, die Zukunft seiner drei jungen Kinder war unsicher. Jetzt wissen wir, dass es den Kids gut gehen wird.“ Branca sagt weiter, dass jetzt die Zukunft wichtig sei. Seit Michaels Tod sind Schulden von $ 200 Millionen abbezahlt wurden. Weitere $ 300 Millionen sind mit den neuverhandelten Katalogen von Sony und ATV verbunden. Branca spricht auch die laufenden Projekte des Estate an. Neue Informationen gibt es über ein geplantes Jackson-Motto Spektakel, das auf dem Ursprung der Cirque du Soleil Show beruht. Für die geplante Show wird das Theater im Mandalay Bay Hotel in Las Vegas umgebaut. Branca gibt einige Details preis: „Es wird sehr theatralisch und völlig anders als die Arena Show werden, welche mehr wie ein Konzert war. Wir werden die Möglichkeit haben, etwas Spezielles und Bahnbrechendes zu kreieren. Wir haben einige Tricks dafür auf Lager. Jeder Sitz wird seine eigenen Lautsprecher haben. Die Wände und die Decke werden dafür genützt, um ein völlig unglaubliches Erlebnis für das Publikum zu erschaffen.“ Zum Abschluss machte Branca noch einmal klar, dass der Estate die öffentlichen Streitereien nicht unterstützt, sondern Wert auf die wichtigen Themen gelegt werden: „Wir fühlen, dass Michael uns sein Vermächtnis, und die Zukunft seiner Mutter und seiner Kinder anvertraut hat. Wir sind geehrt, stolz und leidenschaftlich dabei, um Michael ehren zu können. Es ist eine Arbeit der Liebe für uns. Wir lieben Michael.“
    Quelle: Jackson.ch, huffingtonpost.com



    Hier der Orignal-AP-Artikel dazu:
    http://www.miamiherald.com/201…orylink=cpy#storylink=cpy


    und hier die Hamburger Abendzeitung :
    http://www.abendblatt.de/vermi…hwistern-angegriffen.html

    ____________
    z.cdbutn6w8aa469pibul9.jpg


    "When people's minds are clouded by anger or hatred, no angel can reach them". ~Michael Jackson~

  • ..:wau.. :daumen1: ..da kann man wirklich net meckern... :huldig: MJ-Estate...


    Michael Jackson's Personal Debts To Be Paid Off By Year's End
    .
    When Michael Jackson passed away in June 2009, his departure was met by the grieving of millions of fans around the world—and by a great deal of discussion and speculation over the fate of the half-billion dollars he owed to creditors ranging from big banks to “Thriller” director John Landis.


    Many questions have been answered over the past three years as the King of Pop’s estate has continued to pull in nine figures on an annual basis, most recently $145 million over the past year. And according to representatives from the estate, the late singer’s personal debts will be paid off by the end of the year.


    The last major non-business loan left is connected to Jackson’s Mijac Music, the entity that contains the copyrights to the songs he wrote over the course of his career. Shortly after the singer’s death, the estate started paying off a $75 million loan he had taken out against the catalog, negotiating the interest rate down from an exorbitant 15.5% to a very manageable 4%. The final payments on that loan are set to be made this fall.


    It’s a major milestone for Michael Jackson’s growing postmortem business empire, especially considering where the estate began. After the singer’s death, it appeared that many of his assets were close to default, if not already there. But a handful of deals—including a $60 million advance for the concert film This is it and a $250 million record deal with Sony, the largest in history—gave the estate the steady cash flow needed to pay off creditors.


    In addition to paying down the massive loan on Mijac Music, the estate has paid $35 million owed to concert promoter AEG (in connection with Jackson’s planned This is it tour) and the $4.1 million mortgage on the Jackson family estate in Encino, Calif. Smaller debts to individuals have been renegotiated and resolved, including an agreement with Landis, who had alleged that Jackson still owed him $2.3 million in 2009.


    A substantial business loan ($280 million, by FORBES’ estimate) remains on Jackson’s 50% stake in the Sony/ATV publishing catalog. The singer shrewdly bought the entity’s precursor, ATV, for $47.5 million in 1985 after recognizing the value of the rights to songs it contained by The Beatles. Ten years later he merged the catalog with Sony’s publishing catalog after the company paid him $100 million as part of the deal, retaining half of the newly-formed combined entity for himself.


    Today, the Sony/ATV catalog itself is worth somewhere in the neighborhood of $2 billion, thanks to its ownership of copyrights by The Beatles, Bob Dylan, Taylor Swift, Lady Gaga and others. The interest rate on Jackson’s loan connected to the catalog has been sliced from 5.8% to 2.9% since his death. At that low rate, paying back the loan quickly, in full, may not even be financially expedient—the company’s funds could be better utilized by buying up new, money-generating copyrights.


    That said, given Jackson’s postmortem earnings prowess, the estate could probably pay off that loan fairly soon if necessary. The singer’s Immortal World Tour, a joint venture with Cirque Du Soleil, has grossed $160 million this year, making Michael Jackson the top-grossing live act in North America three years after his death. Other deals–including one with Pepsi, Jackson’s first endorsement pact in two decades–should continue to add to the estate’s coffers.



    http://www.forbes.com/sites/za…be-paid-off-by-years-end/

    Ich aber gelobte mir,
    mich niemals abstumpfen zu lassen
    und den Vorwurf der Sentimentalität
    niemals zu fürchten.

    Albert Schweitzer

  • Der Estate hat gegenüber Forbes bestätigt, dass die letzten persönlichen Schulden von MJ, die noch auf dem MIJAC-Katalog (Michael`s eigene Musik) diese Woche gezahlt wurden. Es besteht nun lediglich noch eine Geschäftsschuld auf den Sony/ATV-Katalog. Forbes schätzt diese auf 280 Mio. Die Zinsen für diese Schulden wurden kurz nach Michael`s Tod von 5,8 auf 2,9%, die dem Estate. Dies erscheint gut händelbar auch für evtl. weitere Expansionen in der Firma, die der Estate zu 50% besitzt.


    http://www.forbes.com/sites/za…-just-in-time-for-bad-25/



    Michael Jackson's Personal Debts Paid Off, Just In Time For Bad 25


    Bad is Good: Michael Jackson's personal debts have been paid off, as of this week.

    On the eve of the Thanksgiving debut of Spike Lee’s Bad 25 documentary, the late Michael Jackson has a lot to be thankful for.


    Yesterday a representative of the singer’s estate confirmed to FORBES that, on Monday, the estate paid off the last dollars on a loan connected to Mijac Music, the catalog that’s home to many songs composed by the King of Pop, including hits like “Beat It” and “Billie Jean.”


    The payment means that the estate has eliminated the last of Jackson’s outstanding personal debts (FORBES reported last month that Jackson’s personal debts would be paid off by the end of the year). That’s no small feat, considering the pile obligations–roughly half a billion dollars–left behind by the singer when he passed away in 2009.


    Jackson’s estate has been able to pay off that debt earlier than expected thanks to the enduring popularity of the King of Pop and his work, which spurred earnings of $145 million over the past year alone.


    Financial highlights since 2009 include a $60 million advance for concert film This is it, which went on to become the most successful concert film in history with a worldwide gross in excess of a quarter billion dollars, as well as a new $250 million record deal with Sony, the largest ever.


    More recently, the Michael Jackson Immortal World Tour–a joint venture with Cirque du Soleil–grossed $160 million during its first leg, making it this year’s top tour in North America. The show now moves abroad, and is currently wending its way through Germany.


    There are still some business debts left for Jackson, namely a loan that FORBES estimates at $280 million, connected to the Sony/ATV publishing catalog.


    But the loan’s interest rate of 2.9%, negotiated down from 5.8% shortly after the singer’s death, seems innocuous enough–and perhaps necessary for continued expansion of the company, which is half-owned by Jackson’s estate.


    Meanwhile, the show goes on. Lee’s BAD 25 documentary, which celebrates the quarter-century anniversary of Jackson’s followup to Thriller, will air on Thanksgiving at 9:30pm Eastern time on ABC.

    3 Mal editiert, zuletzt von LenaLena ()

  • ...der estate hat mal wieder 'altlasten' bereinigt ... :daumen:



    MJ Estate Coughed Up $55,000
    To Pay Off 'Thriller' Chick



    $55,000 ... that's how much it took for the chick from Michael Jackson's "Thriller" music video to call a truce in her war with the MJ estate ... TMZ has learned.


    TMZ broke the story ... Ola Ray settled her lawsuit with the estate earlier this year, and now we know what for ... $55,000 to Ola ... and $20,000 to her lawyer.


    Ola originally filed the suit against MJ and his production company in May 2009 -- a month before Jackson passed away -- claiming breach of contract. Ola said she was still owed a massive chunk of the "Thriller" profits ... nearly 30 years after it was released.


    The director of the music video John Landis -- who filed a similar lawsuit against the estate -- has also settled ... but he wanted in excess of $2 million, so we're guessing he got a little more than Ola.



    http://www.tmz.com/2013/01/04/…ray-royalties-settlement/

    Ich aber gelobte mir,
    mich niemals abstumpfen zu lassen
    und den Vorwurf der Sentimentalität
    niemals zu fürchten.

    Albert Schweitzer

  • Leslie hat in ihrem Blog eine aktualiserte Aufstellung der MJ-Estate-Firmen vorgenommen. Intressant finde ich, dass diese nun nicht mehr aufgeführt ist.


    MJ Licensing LLC (Active in Delaware; Owns some intellectual property in Europe since 2003 with Dieter Wiesner)


    http://lesliemjhu.blogspot.de/…-corporate-structure.html


    Michael Jackson Corporate Structure - Updates
    One of my returning topics were about the corporate structure around MJ. As I have decided to have regular posts again, I will update these topics first.


    All these legal entities belong to The Estate of Michael Jackson, led by John Branca from Ziffren Brittenham LLC and John McClain. Legal representation is done by Howard Weitzman from Kinsella, Weitzman, Iser, Kump and Aldisert LLC. Accounting done by Miller, Kaplan, Arase LLP.


    By the way the Estate did a great job with re-structuring MJ's corporate empire, no useless entities left, and everything is centered around one single team of decision makers.


    The Michael Jackson Company LLC
    Register date: 06/13/2006
    County: Delaware, California
    Ownership: 100%
    Profile: Intellectual property, general.
    Established by MJ as the new centerpiece of his re-organised empire. After his death used as an entity for all new major projects.


    MJJ Productions LLC
    Register date: 10/30/1979
    County: Delaware, California
    Ownership: 100%
    Profile: Intellectual property, general.
    Established by MJ was responsible for all things done by MJ as an adult artist. Later has been replaced by The Michael Jackson Company LLC.


    MJJ Ventures Inc.
    Register date: 02/26/1991
    County: Delaware, California
    Ownership: 100%
    Profile: Intellectual property, especially videos.
    Established by MJ was responsible for certain video related projects along with Sony, releasing motion pictures. Later has been replaced by The Michael Jackson Company LLC.


    MJJ Artistic Inc.
    Register date: 01/04/1990
    County: California
    Ownership: 100%
    Profile: Intellectual property.
    The exact profile of this entity is unknown, but most probably owns IP to MJ's graphic ventures from the early 90's.


    Triumph International Inc.
    Register date: 03/09/1984
    County: California
    Ownership: 100%
    Profile: Intellectual property, trademarks.
    Established by MJ still responsible for all major intellectual property related deals.


    Optimum Productions Inc.
    Register date: 09/21/1983
    County: California
    Ownership: 100%
    Profile: Intellectual property, especially video releases.
    Established by MJ was responsible for certain video releases.


    Go For Your Dreams Foundation
    Register date: 10/10/2003
    County: California
    Ownership: 100%
    Profile: Foundation.
    Established by MJ was responsible for a failed charity initiative. It's recent profile is still unkown.


    Enchanted Kingdom LLC
    Register date: 03/17/2008
    County: Nevada
    Ownership: 100%
    Profile: Real estate.
    Established by MJ was responsible for certain projects while he resided in Las Vegas. It's recent profile is still unknown.


    MJJ Records LLC (aka. MJJ Music)
    Register date: 09/04/1997
    County: Delaware
    Ownership: 50%
    Profile: Master recordings.
    However the Californian entity has been just forfeited, it still manages the joint venture between the Estate and Sony.


    Cirque Jackson I.P. LLC
    Register date: 08/19/2010
    County: Delaware
    Ownership: 50%
    Profile: Intellectual property.
    Estate owns this company along with Cirque de Soleil to manage the "Immortal World Tour" project.


    Sycamore Valley Ranch Co. LLC
    Register date: 07/15/2008
    County: Delaware
    Ownership: 87.5%
    Profile: Real estate.
    Estate owns majority of MJ's Neverland Valley Ranch through this entity. Colony Capital is the minority owner.


    SEE Virtual World MJ LLC
    SEE Virtual World MJ Operations LLC
    Register date: 02/26/2010 and 10/14/2009
    County: California
    Ownership: 0%
    Profile: Intellectual property.
    This company licenses certain rights to build a virtual world for MJ under PlanetMichael.com. The Estate receives a significant percentage from the incomes.


    World Events LLC
    Register date: 04/10/2001
    County: Delaware
    Ownership: 70%
    Profile: Intellectual property.
    Estate owns this company along with David Guest to manage certain rights related to the "30th Anniversary Concerts".


    Desert Auto LLC
    Register date: 02/21/2008
    County: Nevada
    Ownership: 100%
    Profile: Unknown.


    521 Montana Joint Venture LLC
    Register date: 10/30/1990
    County: California
    Ownership: 5.5%
    Profile: Unknown.


    PPB LLC and PPB II LLC
    Register date: 11/04/2010
    County: Delaware
    Ownership: 100%
    Profile: Trust.
    Estate most probably fuels the money through these entities to the beneficiaries of MJ's will.


    PPB (NV) LLC
    Register date: 06/27/2012
    County: Nevada
    Ownership: 100%
    Profile: Trust.
    Estate most probably fuels the money through these entities to the beneficiaries of MJ's will.


    MJ Publishing Trust, New Horizont Trust, New Horizont Trust II
    Register date: 11/30/1998
    County: Delaware
    Ownership: 100%
    Profile: Trust.
    Estate holds MJ's and other artist's copyrights against certain debts.


    MJ-ATV Publishing Trust, New Horizont Trust III
    Register date: 02/09/1999
    County: Delaware
    Ownership: 100%
    Profile: Trust.
    Estate holds the Beatles' and other artist's copyrights against certain debts.
    POSTED BY LESLIEMJHU AT 4:08 PM

  • Der Estate hat seinen 3. Bericht beim Nachlassgericht eingereicht. Berichtsjahr 2012


    Zusammenfassung laut Radar Online:
    Kathrine erhielt ein Jahresvergütung von 1,3 Mio. und ein 6 Mio. Darlehen
    Unterhalt für Michales Kinder und Kosten für Ausbildung 3 Mio.
    Kosten Bodyguards 564301 Dollar ausgegeben
    Kosten für Miete Calabasas 26000 Dollar/Monat
    Renvorierung Hayvenhurst dauerte an: insgesamt 154323 Dollar, davon 12000 Dollar für ein Heimkino, 3225 Dollar Reparaturkosten für ein Studio. Obwohl das Haus nicht bewohnt war betrugen die Kosten für Telefon, Gas und Elektrizität 35842 Dollar.
    Kosten für Lagerungen: 806872 Dollar


    Bis einschließlich 2012 hat der Estate 600 Mio. Dollar an Einnahmen generiert. Zum Todeszeitpunkt war MJ in einem halben Dutzend Klagen verwickelt, 65 Creditor-Klagen wurden nach seinem Tod eingereicht. Derzeit gibt es 7 andauernde Rechtsstreite in den USA. Alle anderen wurden zu Gunsten des Estates durch das Gericht entschieden oder es gab ein Settlement unterhalb der Forderungen. Auf Grund der noch offenen Rechtsfälle, darunter der IRS-Fall ist der Estate noch nicht in der Lage die Probate-Phase zu schließen und beantragt die Verlängerung um ein weiteres Jahr. Solange der Estate in Probate bleibt sind die Verwalter verplichtet dem Nachlassgericht die Jahresberichte vorzulegen.


    Renovations for the Encino mansion were $154,323.53 in 2012, including a $12,000 home theater renovation project, $3,225 studio repair and pond keeper services for $814.43.
    Even though no one was living at the house in 2012, utilities including phone, gas, and electricity totaled $35,842.05. Storage and moving fees for 2012 added up to a whopping $806,872.52.


    At the time of Michael Jackson‘s death in 2009, the singer was $500 million in debt, but court documents reveal that three years later, the estate had generated more than $600 million and his mother Katherine had received $1.3 million in her yearly allowance and a $6 million loan.
    Court documents — filed by estate executors and obtained exclusively by RadarOnline.com – expose the financial windfall that has been generated since his tragic death and provides insights as to the cost of raising the King of Pop’s three kids.
    In 2012, according to financial records reviewed by Radar, the estate paid $564,301.57 for bodyguards and security for Katherine and her three grandchildren, Prince Michael, Paris andBlanket. (Radar has chosen not to disclose the names of the companies, due to privacy concerns.)
    The matriarch of the Jackson family, 83, was paid $1.386 million in allowance from her late son’s estate in 2012 and was also loaned more than $6 million from the estate, which also doled out more than $3 million in allowance to Michael’s three children for education and $10,000 in orthodontics.
    The family has been living in a $26,000 rental house in Calabasas, while the Hayvenhurst house continues to be renovated.
    The monthly electric bill for the Calabasas mansion is $2,500 and the cost for living (including utilities) in the rental for in 2012 was $418,013.69.
    Renovations for the Encino mansion were $154,323.53 in 2012, including a $12,000 home theater renovation project, $3,225 studio repair and pond keeper services for $814.43.
    Even though no one was living at the house in 2012, utilities including phone, gas, and electricity totaled $35,842.05. Storage and moving fees for 2012 added up to a whopping $806,872.52.
    The co-executors, John Branca and John McClain, under the law in California, are required to submit detailed financial records of the execution of Michael Jackson’s estate while it’s still in probate court.
    The executors reveal that “they have made significant progress in resolving creditors’ claims and pending litigation reducing the estate’s debt, and solidifying and establishing the MJJ Business as a lucrative and powerful entity in the entertainment industry, the estate is not yet in the condition to be closed.
    “The executors have not yet resolved all of the creditors’ claims. There is litigation pending and there is an ongoing tax audit. Therefore, executors request that the time for administration of the estate be extended for one year after the court enters its’ order settling the account.”
    At the time of Michael’s death, he was named in more than half a dozen lawsuits, and 65 creditors’ claims were filed after he died.
    There are “currently seven active litigation matters in the United States which the executors and their legal team are defending. All other litigation has been resolved favorably for the estate either by court disposition or settlement for less than the amount demanded,” the court docs state.


    http://radaronline.com/exclusi…-worth-million-katherine/

    2 Mal editiert, zuletzt von LenaLena ()

  • ofür braucht Katherine ein 6 Mio.! Darlehen


    Ich denke das war das Darlehen, dass Kathrine ihre persönl. Schulden an diese korean. Zeitung zahlen konnte. Sie hatte ja damals einen Deal (1999?) zusammen mit Joe und Jermaine ausgehandelt, dass die Brüder zusammen mit Michael (wohl ohne dessen Zustimmung) Konzerte geben und diverse Vorschüsse kassiert. Das Ganze kam natürlich nie zu Stande, nur hat die Zeitung natülrich niemals die Vorschüsse zurückerhalten und natürlich Forderungen an Kathrine mit Zins. und Zineszins. Kathrine war zu Michaels Todeszeitpunkt ja auch in der privaten Insolvenz und hatte kein Bankkonto. Größeere Einahmen wären von der Zeitung gepfändet worden. Somit auch klar, dass Michael seine Mutter in bar unterstütze bwz. über ein Konto von Grace.

  • Tja die wird sie für ihre misratenen anderen Söhne brauchen . Jamaine und Randy haben jede Menge unterhaltsvorderungen zu zahlen. was glaubt ihr warum sie AEG verklagt hat?. <es geht ihr nicht um Mj. der war für sie nur eine Geldmaschine.

  • Ich denke das war das Darlehen, dass Kathrine ihre persönl. Schulden an diese korean. Zeitung zahlen konnte. Sie hatte ja damals einen Deal (1999?) zusammen mit Joe und Jermaine ausgehandelt, dass die Brüder zusammen mit Michael (wohl ohne dessen Zustimmung) Konzerte geben und diverse Vorschüsse kassiert.


    Scheinbar wollte Michael damals nich für ihre diesbezüglichen schulden aufkommen. Heute zahlt das Estate.


    Tja die wird sie für ihre misratenen anderen Söhne brauchen . Jamaine und Randy haben jede Menge unterhaltsvorderungen zu zahlen. was glaubt ihr warum sie AEG verklagt hat?. <es geht ihr nicht um Mj. der war für sie nur eine Geldmaschine.


    Ja, das hat sich leider oft gezeigt.

    Einer muss den Frieden beginnen wie den Krieg

    (Stefan Zweig)

  • MJJC hat den 3. Estate-Bericht vom Nachlassgericht bekommen. Kompletter Bericht wird in den nächsten Stunden als PDF dort eingestellt.


    Hier vorab die Zusammenfassung von Ivy:


    Summary of MJ Estate Third Accounting
    Zusammenfassung 3. Buchhaltungsbericht vom Estate


    Gross earnings as of December 31, 2013 are more than $600 Million. According to second accounting gross earnings as of May 31, 2012 was $475 Million. This means Estate earned $125 Million (gross) between June 2012 and December 2013.


    Third accounting period covers January 1, 2012 to December 31, 2012.

    Dritte Abrechnungszeitraum umfasst 1. Januar 2012 bis 31. Dezember 2012.


    - All debt is current
    - Hayvenhurst mortgage paid
    - Mijac debt is fully paid.
    - No property was sold during the third accounting period.


    - Alle aktuellen Schulden
    - Hayvenhurst Hypothek bezahlt
    - Mijac Schulden ist voll eingezahlt .
    - Keinerlei Besitz wurde im dritten Abrechnungszeitraum verkauft.


    Estate is not in a position to be closed yet, Executors asking for administration of the Estate to be extended for one more year.

    Estate ist noch nicht in der Lage geschlossen zu werden , Testamentsvollstrecker haben für ein weiteres Jahr Verlängerung beantragt.


    Same as second accounting: 12 Inventory value appraisals are done showing property valued at $50,677,002. Estate says additional personal property was discovered in Las Vegas and at Rock n Roll and Grammy Museum which is in total believed to be $6,700,000.
    Gleich wie im 2. Bericht: 12 Inventarwertgutachten wurden erstellt , Inventar des Estates liegt bei $ 50.677.002 geschätzt. Estate sagt zusätzlicher persönlicher Besitzt wurde in Las Vegas und im Rock n Roll und Grammy Museum entdeckt das insgesamt vermutlich $ 6.700.000 Wert hat.



    Same as second accounting: Estate’s main assets are 50% share in Sony/ ATV, 100% share in Mijac, Michael’s name and likeliness, Neverland and trademarks.

    Gleiche wie im 2. Bericht: Haupt Vermögenswerte des Estates sind 50 %-Anteil an Sony / ATV, 100 % der Anteile an Mijac , Michaels Name und likeness , Neverland und Marken.



    Same as second accounting: MJ Business activities consists of 2 Cirque shows, Ubisoft MJ Experience game, multiple album deal with Sony, commercial endorsements and a possible film and documentary about Michael Jackson.

    Gleiche wie im zweiten Bericht: MJ Geschäftstätigkeit besteht aus 2 Cirque -Shows, MJ Experience Ubisoft -Spiel , Album-Deal mit Sony -, Werbeverträgen und einem möglichen Film-und Dokumentation über Michael Jackson.


    Third accounting adds a Broadway play as possible future business activities.
    Dritter Bericht fügt ein Broadway-Spiel als mögliche künftige Geschäftsaktivität hinzu.


    7 lawsuits are still active, the rest have been resolved favorably for the Estate. Estate has significant legal expenses.
    7 Klagen sind noch aktiv , der Rest wurde zu Gunsten für den Estate gelöst. Estate hat erhebliche Rechtskosten .


    MJJ Legacy Inc, MJJ Productions LLC, MJJ Kingdom LLC had been dissolved during second accounting period. During third accounting Estate have dissolved nine inactive entities of 99 Spanish Gate Drive LLC, Branson Media Group LLC, History Tours Inc, History Tours II Inc, Invincible Tours Inc, Monte Cristo Employment LLC, Nation Comics, Triumph Multimedia Corp and TTC Touring Corp.

    MJJ Legacy Inc , MJJ Productions LLC, MJJ Britannien LLC wurde während der zweiten Rechnungsperiode aufgelöst. Während der dritte Buchhaltungsperiode wurden neun inaktive Einheiten aufgelöst von 99 Spanish Gate Drive LLC, Branson Media Group LLC, History Tours Inc , History Tours II Inc , Invincible Tours Inc , Monte Cristo Employment LLC, Nation Comics, Triumph Multimedia Corp and TTC Touring Corp aufgelöst.


    PPB LLC – the reported trust company for the kids – is listed as a new entity on the third accounting.
    PPB LLC - die gemeldete Treuhandgesellschaft für die Kinder - ist als eine neue Einheit auf dem dritten Geschäftsbericht aufgeführt.



    Schedule A (beginning) and Schedule I (end) shows the list of tangible property and business interest of Michael and now MJ Estate. Similar to second accounting these properties include: Hayvenhurst (valued at $4.1 M) and a condo (valued at $315 K), Michael (and now his Estate) has 87.5% undivided membership in Neverland.
    Anhang A (Anfang) und Anhang I (Ende) zeigt die Liste der körperlichen Gegenständen und Geschäftsinteressen von Michael und jetzt MJ Estate. Ähnlich des zweiten Berichts beinhaltet es folgende Besitze: Hayvenhurst ( bei $ 4,1 Mio. geschätzt ) und eine Wohnung ( bei 315 $ geschätzt K ), Michael (und jetzt sein Estate) besitzt 87,5% ungeteilte Mitgliedschaft in Neverland .



    Schedule D shows net income from trade or business during third accounting period (Jan 2012- Dec 2012) at $54,015,433. (Gross income is $77,642,855)
    Anhang D zeigt das Ergebnis aus Gewerbebetrieb im dritten Abrechnungszeitraum (Jan 2012 - Dezember 2012) auf 54.015.433 $ . ( Brutto- Einkommen ist $ 77.642.855 )


    Es geht weiter:

  • Payments to Katherine and MJ’s kids are as follows (Jan 2012 - Dec 2012)
    Zahlungen an Katherine und MJ Kinder sind wie folgt (Jan 2012 - Dezember 2012)


    Kids allowance $3,064,009
    Katherine allowance $1,386,548
    Calabasas residence expenses $415,014
    Other expenses $54,281
    Insurance (health and property) $89,356
    House employees $539,449
    KJ Guardianship lawyer fees $ 102,588
    Utilities costs $35,842
    Security $564,302
    Repair & Maintenance $154,325


    Total $6,409,814


    Kinderunterhalt $ 3.064.009
    Katherine Unterhalt $ 1.386.548
    Calabasas Residenz Kosten $ 415.014
    Sonstige Aufwendungen 54.281 $
    Versicherung ( Gesundheit und Eigentum ) $ 89.356
    Haus Mitarbeiter 539.449 $
    KJ Vormundschaftsanwaltskosten$ 102.588
    Dienstprogramme 35.842 $
    Sicherheitskosten $ 564.302
    Reparatur & Wartung $ 154.325


    Insgesamt 6.409.814 $




    There haven’t been any new loans given to Katherine Jackson during the third accounting period. Total loans from the first and second accounting period were $6,560,000. Katherine Jackson paid $ 6,638 interest and $193,362 principal payment on these loans from a consulting fee she was paid by the Estate (see below for details).
    Es wurden keine neuen Kredite an Katherine Jackson im dritten Abrechnungszeitraum gegeben. Total Darlehen aus dem ersten und zweiten Abrechnungszeitraum waren 6.560.000 $ . Katherine Jackson bezahlt $ 6.638 Zinsen und Tilgungen 193.362 $ für diese Kredite aus einer Beratungsgebühr, die ihr vom MJ-Estate bezahlt wurde (siehe unten für Details).




    Note: Estate states from time to time they adjust (meaning increase) these allowances. The most recent 12 month (Jan 2012 - Dec 2012) allowance numbers are higher compared to the 14 month (Nov 2010-Dec 2011) second accounting period in which kids allowance was $2,139,194 and Katherine allowance was $470,814.
    Hinweis :Estate passt von Zeit zu Zeit die Unterhalte an, sprich erhöht sie. Die jüngsten 12 Monate (Jan 2012 - Dezember 2012) waren die Zahlungen höher als zum gleichen Zeitraum des Vorjahres ( November 2010 - Dezember 2011 ) zweiter Abrechnungszeitraum , in dem der Kinderunterhalt $ 2.139.194 und Katherine Unterhalt $ 470.814 betrug.


    Estate paid $13,155,178 in taxes and licenses.
    Estate bezahlte 13.155.178 $ an Steuern und Lizenzen.


    Estate paid $170,609 for appraisals. Estate has an archiving project ongoing that they paid $146,293. They paid $806,873 for storage of Michael’s property. Estate employees were paid $126,654. Estate paid $480,500 for public relations.
    Estate bezahlte $170,609 für Gutachten. Estate hat ein fortlaufendes Archivierungsprojekt wofür sie $146,293 zahlten. Sie zahlten $806,873 für die Lagerung von Michael Besitz. Estatenagestellten wurde $126,654 bezahlt. Estate zahlte $480,500 für Öffentlichkeitsarbeit.


    Estate paid several consulting fees. They paid $2,300,000 to Katherine Jackson (paid to Perry Sanders and originally $2.5 Million but reduced by $200,000 to pay back loan and interest as mentioned above). $200,000 to Linda Dileo and $6,033 per month to Jackie Jackson.
    Estate bezahlt mehrere Beratungskosten . Sie zahlten $ 2.300.000 an Katherine Jackson ( bezahlt an Perry Sanders und ursprünglich $ 2,5 Millionen , aber reduziert um eine Zurückzahlgebühr von 200.000 Dollar, Darlehen und Zinsen , wie oben erwähnt. $ 200.000 an Linda Dileo und 6.033 $ pro Monat an Jackie Jackson.


    Grauman’s Chinese Theater event cost MJ Estate $436,223.
    Graumans Chinese Theater Veranstaltung kostete dem MJ Estate $ 436.223 .


    Estate has paid $22,150,000 on loan principal payments.
    Estate hat 22.150.000 $ auf Darlehen- Tilgungszahlungen ausgezahlt.


    Estate has earned $4,345,971 from royalties.
    Estate hat 4.345.971 $ an Lizenzgebühren verdient.


    Replacement “Broken Heart Stone” is listed as a tangible property and valued at $50,000.
    Replacement " Broken Heart Stone" wird als körperlicher Besitz aufgeführt wird und wird auf 50.000 Dollar geschätzt.


    Total Co-executive & creative director compensation is $4,454,011. In the third accounting the companies’ tables doesn’t show any additional co-executive compensation.
    Insgesamt Co - Verwalter Creative Director & Kompensation beträgt $ 4.454.011 . Im dritten Geschäftsbericht des Unternehmen wird keine zusätzliche Co- Verwalter-Vergütung aufgeführt.



    Tidbits:
    Kleinigkeiten:


    - Allowances for the kids include expenses such as tuition, vacations, parties, orthodontics and payment on a gas card as well as the regular allowance. Education related expenses are around $148,310.
    - Vergütungen für die Kinder, Aufwendungen wie Studiengebühren , Urlaub , Partys , Kieferorthopädie und die Zahlung einer Gas-Karte als auch die reguläre Zulage Bildungsbezogene Aufwendungen betragen um die 148.310 $ .


    - Improvements to Hayvenhurst include: entertainment room renovations, wall repair, pipe leak repair, theater renderings, reupholster theater seats, projection booth, and snack bar for lobby.
    - Reperaturen von Hayvenhurst beinhalten: Entertainmentraum-Renovierungen, Reparaturen Wand -, Rohr- Leck -Reparatur -, Theatersitze , Projektionskabine und Snack-Bar für Lobby.



    - Michael Jackson Estate’s tribute ad to Whitney Houston cost them $15,782
    - Michael Jackson Estate Tribut Anzeige für Whitney Houston kostete $ 15.782

  • Noch eine Ergänzung und der Link zu dem Estate-Bericht-Dokument:



    - At the end of summary of account it is stated that gross receipts between January 1 2013 and November 30 2013 is $60,815,512.
    Am Ende des Berichts wird angegeben, dass die Bruttoeinnahmen zwischen 1. Januar 2013 und 30. November 2013 60.815.512 $ betrugen.



    - There's no loan payment for Lindley condo (aka Hideout) in the third accounting. Given that second accounting showed mortgage payments in the amount of $387,785, it is safe to assume that the Lindley condo mortgage is also paid.
    - Es gibt keine Kreditzahlung für die Lindley Eigentumswohnung (auch bekannt als Versteck ) in der dritten Buchhaltung. Da die zweite Buchhaltung aufzeigte Hypothekenzahlungen in Höhe von 387.785 $ , ist es sicher anzunehmen, dass die Lindley Wohnungs- Hypothek auch bezahlt ist.



    - Estate has paid $74,372 for Domain Search and Renewal fees.
    - Estate hat 74.372 $ für Domänensuche und Jahresgebühren bezahlt .


    - Total legal fees are hard to calculate as the payments for them happen on account and before the Estate accounting gets filed. For 2012 legal bills show $95,392 for Litigation related expenses and $3,901,065 for legal expenses. For January 2013 to October 2013 the legal expenses are $4,992,839 plus legal fees at United Kingdom, Germany and Japan (which I did not convert to US dollars and aren't added to the total amount).
    - Gesamtrechtskosten sind schwer zu sagen , da die Zahlungen dafür während des Berichtszeitraums passierten und bevor der Bericht ausgefüllt wurde.
    . Für das Jahr 2012 zeigen die Rechtskosten einen Betrag von $ 95.392 für Rechtsstreitigkeiten bezogene Aufwendungen und 3.901.065 $ für Rechtskosten . Für Januar 2013 bis Oktober 2013 betrugen die Rechtskosten 4.992.839 $ zuzüglich Anwaltskosten in Großbritannien, Deutschland und Japan ( die ich nicht konvertiert habe in US-Dollar und sie sind auf den Gesamtbetrag hinzuzufügen).-



    - Estate paid a law firm for services in UK in "Thriller Live" matter
    - Estate zahlte eine Anwaltskanzlei für Dienste in Großbritannien in "Thriller Live" Angelegenheit, bezieht sich wahrscheinlich auf Rechtsstreit mit einem geplanten Thriller-Broadway Musical


    Dokument 3. Estate-Bericht:


    http://de.scribd.com/doc/20826…J-Estate-Third-Accounting

  • There haven’t been any new loans given to Katherine Jackson during the third accounting period. Total loans from the first and second accounting period were $6,560,000. Katherine Jackson paid $ 6,638 interest and $193,362 principal payment on these loans from a consulting fee she was paid by the Estate (see below for details).
    Es wurden keine neuen Kredite an Katherine Jackson im dritten Abrechnungszeitraum gegeben. Total Darlehen aus dem ersten und zweiten Abrechnungszeitraum waren 6.560.000 $ . Katherine Jackson bezahlt $ 6.638 Zinsen und Tilgungen 193.362 $ für diese Kredite aus einer Beratungsgebühr, die ihr vom MJ-Estate bezahlt wurde (siehe unten für Details).

    :was: Verstehe ich das richtig: Das Estate bewilligte im 1. und 2. Abrechnungszeitraum Kathrine einen Kredit insgesamt von 6,5 Millionen $ (aus der Erbmasse?). Kathrine bezahlte nun 200.000 $ zurück, indem sie als Berater dem Estate zur Verfügung stand und erhielt dafür vom Estate 200.000$ (wieder aus der Erbmasse?)? :??:

  • Die Angaben in diesem Artikel sollte man mit Vorsicht genießen.


    Allerdings ......... :flöt: "Dailynews" ....... :isn:



    da erscheinen mir die Quellen von Lena Post 148 + 154 - 156 doch weitaus seriöser.
    By the Way .... :danke: für dein unermüdliches Bemeühen, uns mit Nachrichten zu versorgen @LenaLena
    Nachrichten die (für mich zumindestens) nachvollziehbar und gut recherchiert sind!

    ____________
    z.cdbutn6w8aa469pibul9.jpg


    "When people's minds are clouded by anger or hatred, no angel can reach them". ~Michael Jackson~

  • Allerdings ......... "Dailynews" .......



    da erscheinen mir die Quellen von Lena Post 148 + 154 - 156 doch weitaus seriöser.
    By the Way .... für dein unermüdliches Bemeühen, uns mit Nachrichten zu versorgen @LenaLena
    Nachrichten die (für mich zumindestens) nachvollziehbar und gut recherchiert sind!

    Sorry für mein unüberlegtes Handeln. :gn: Ich habe den Artikel gelöscht. Ich möchte hier nichts und niemanden durcheinander bringen. Werde mich mit Einstellen und Übersetzen zurückhalten. :schrank: