Michael Jackson's Trials

Michael Jackson's Trials


The Ongoing Trials of The Late Michael Jackson

Sunday, April 17, 2005

Selling The Family Silver

Michael Jackson is reportedly on the verge of bankruptcy, the costs of his trial may push him over the edge.

Such is the financial pressure, that he is reportedly considering selling a large part of his holdings of the publishing rights to the Beatles catalogue. These originally cost him $47M, and are now thought to be worth in the region of $500M.

Jackson is rumoured to owe the Bank of America $270M, he will soon have to find a way to pay that debt off.

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