Michael Jackson has split with the Bahrain based record label, Two Seas Records, only five months after signing on.
Jackson's spokeswoman, Raymone Bain, confirmed that Jackson is no longer affiliated with the label; even though he cofounded it only last April, and even though it was to be used as the vehicle for his comeback album.
Jackson formed Two Seas Records with Bahrain royal family member Abdulla Hamad Al-Khalifa. It had been planned that British music executive Guy Holmes would serve as CEO and oversee production on Jackson's new disc, which had been aiming for a 2007 release.
However, it is reported that the deal between Holmes and Jackson had never been formalised. Quite what Abdulla Hamad Al-Khalifa, who has tried to help Jackson, thinks of the split is not reported.
Needless to say, this volte face brings into question the likelihood of Jackson ever releasing his much vaunted Hurricane Katrina benefit single "From the Bottom of My Heart".
It seems that in order to keep himself in the public eye, and to appear to be busy, Jackson has formed the Michael Jackson Company to oversee his finances and to possibly become a record label.
Reality will eventually hit home, when the money runs out.