Fox reports that Michael Jackson is putting together a 25th anniversary edition of his best-selling album, "Thriller."
The theoretical release date is 2008.
However, given Jackson's mounting financial problems, even a second "Thriller" may not be able to save him from bankruptcy.
Thursday, October 18, 2007
Wednesday, October 17, 2007
Bizarre
The most bizarre story, related to Michael Jackson, currently doing the rounds is the one which claims that Britney Spears is seeking Jackson's advice about parenting.
Good grief!
Good grief!
Tuesday, October 16, 2007
Jackson Ordered To Pay Legal Fees
Michael Jackson has been ordered by Los Angeles Superior Court Judge James C. Chalfant to pay $175K in overdue lawyers' fees to Ayscough & Marar, a law firm that sued Jackson in February 2006.
Jackson now owes more than $430K to Ayscough & Marar for work that they performed on his behalf not paid for. The work included obtaining court orders to delay discovery in civil cases, and keeping information from being publicly released while Jackson was being tried for child molestation.
In July Chalfant awarded Ayscough & Marar's $256K in unpaid fees. The additional $175K represents the costs incurred by Ayscough & Marar in hiring a lawyer to sue Jackson.
Ayscough & Marar have stated that, as yet, Jackson hasn't paid any of the money that he owes them. There is a 10% per annum interest charge on the overdues, therefore the longer Jackson leaves the bill unpaid the worse it will get.
Jackson attempted to countersue Ayscough & Marar in August 2006, alleging that one of the firm's lawyers threatened to expose confidential information about him to the media. The case was dismissed as it lacked merit.
Quite how long Jackson can continue to "function" without honouring his debts and commitments is difficult to predict. However, it is clear that these problems will not go away and that there will be a reckoning.
Jackson now owes more than $430K to Ayscough & Marar for work that they performed on his behalf not paid for. The work included obtaining court orders to delay discovery in civil cases, and keeping information from being publicly released while Jackson was being tried for child molestation.
In July Chalfant awarded Ayscough & Marar's $256K in unpaid fees. The additional $175K represents the costs incurred by Ayscough & Marar in hiring a lawyer to sue Jackson.
Ayscough & Marar have stated that, as yet, Jackson hasn't paid any of the money that he owes them. There is a 10% per annum interest charge on the overdues, therefore the longer Jackson leaves the bill unpaid the worse it will get.
Jackson attempted to countersue Ayscough & Marar in August 2006, alleging that one of the firm's lawyers threatened to expose confidential information about him to the media. The case was dismissed as it lacked merit.
Quite how long Jackson can continue to "function" without honouring his debts and commitments is difficult to predict. However, it is clear that these problems will not go away and that there will be a reckoning.
Monday, October 15, 2007
Prince Sues King
Prince Abdulla Al-Khalifa of Bahrain is suing the "king of pop", Michael Jackson in London for $7M plus damages.
Prince Abdulla, according to Fox, claims that he as an agreement with Jackson that obligates Jackson to record two albums, write and produce a live Broadway kind of show with Jackson's music and a cast album, and to write and publish an autobiography.
Unfortunately, it appears that despite the Prince bankrolling Jackson for a year in Baharain after the child molestation trial and advancing him $7M, Jackson has not honoured his obligations and left Bahrain (seemingly for good) in June 2006.
A very silly way to behave to someone who has helped you out.
Prince Abdulla, according to Fox, claims that he as an agreement with Jackson that obligates Jackson to record two albums, write and produce a live Broadway kind of show with Jackson's music and a cast album, and to write and publish an autobiography.
Unfortunately, it appears that despite the Prince bankrolling Jackson for a year in Baharain after the child molestation trial and advancing him $7M, Jackson has not honoured his obligations and left Bahrain (seemingly for good) in June 2006.
A very silly way to behave to someone who has helped you out.
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