Conspiracy: In criminal law a conspiracy is an agreement between two or more persons to commit a crime at some time in the future. Criminal law in some countries or for some conspiracies may require that at least one overt act must also have been undertaken in furtherance of that agreement, to constitute an offense. There is no limit on the number participating in the conspiracy and, in most countries, no requirement that any steps have been taken to put the plan into effect.
Jacko May Claim 'Threats' by Mottola
published July 12, 2002
The Michael Jackson-Tommy Mottola standoff is heading into new territory. A serious source close to Jackson told me yesterday: "There is correspondence between Michael and Tommy that will show why Michael has done what he's done. When it comes out it will clear the whole thing up. It's all about Tommy goading Michael to respond the way that he has."
My source says that on more than one occasion he has been present during speaker calls between Jackson and Sony Music President Tommy Mottola in which Mottola "threatened" Jackson. "Not physical threats, but certainly the threat that Michael would be destroyed and his career would be over if he didn't agree to Tommy's terms. It's Tommy saying 'I'll ruin you.'"
The basis for all this? "The Beatles catalog," says my source. "That's it in a nutshell. This has all been done by Tommy in an effort to squeeze Michael financially. Tommy wants the Beatles catalog."
Most importantly, as I wrote in this space on June 18, Jackson is not doing this to get a better deal at Sony. As that column stated, and as this source reconfirmed for me, Michael's recording contract with Sony is over. His last release from the label will be a greatest hits set at Christmas containing four previously unreleased tracks.
Jackson leaves Sony in debt, with no assets. His album catalog — Off the Wall, Thriller, Bad, Dangerous, History, Blood on the Dance Floor, and Invincible — will remain at Sony/Epic Records. His Beatles catalog is mortgaged to Sony Publishing. His own song catalog containing "Billie Jean," "Beat It" and other hits — is published by Warner/Chappell Music. But Michael has used that catalog for loans totaling millions of dollars.
He is, essentially, tapped out. Hence the current behavior bordering on frenzy in which Michael is running around New York with a megaphone screaming like a stuck pig. It's as if he awoke from a long, deep coma to find his financial house on fire, and Mottola standing there with the matches.
Some critics may say Jackson has only himself to blame. They are not far from wrong. Last year I told you that sources at Sony Recording Studios claimed Michael had spent tens of millions of Sony's dollars on remastering his old records. Some tracks were remastered 20 or more times before Jackson picked one he liked. Jackson ignored the mounting costs, letting Sony pick up the bills. He seemed to have no idea that one day there would be a final accounting.
Jackson's personal costs are also exorbitant even by celebrity standards. He keeps a personal staff of 120 people including those who run and maintain the Neverland Ranch in Los Olivos, Calif. The zoo that's kept on the ranch, which includes many animals not usually seen as house pets, costs a fortune to maintain. Sources told me last year that Bubbles the Chimp, Michael's most famous non-human friend, died from neglect.
The question of whether or not Jackson has any money left was answered last summer. That's when Michael was forced to use a diamond watch valued at $2 million as collateral for a bank loan with Bank of America/NationsBank. Jackson had taken the watch on approval from a Beverly Hills jeweler. When he returned it damaged, the jeweler demanded payment. Jackson, not having the funds, took the watch and then used it to raise the money.
It wasn't Jackson's only loan.
This column reported on April 19 just a portion of Jackson's business dealings. Jackson's banker, a senior vice president at the Bank of America who has worked closely on Jackson's accounts, told me then: "I've kept him alive for 20 years. And it's not that the advice he gets is bad. It's him. He's his own worst enemy."
Read more: http://www.foxnews.com/story/0,2933,57512,00.html#ixzz28vBEW0go http://www.foxnews.com/story/0,2933,57512,00.html
Copyright Security Agreement: A copyright security agreement is a written agreement where one person uses his copyrights or copyright licenses as security for the payment of a loan obligation. The owner of the copyrights agrees to transfer them to the lender as collateral for the loan.
Document ONE: Source US Copyright Office
Type of Work: Recorded Document
Document Number: V3578D649
Date of Recordation: 2009-05-29 Entire Copyright Document: V3578 D649-677 P1-417
Date of Execution: as of 27May09; date of cert.: 28May09
Title: 5150 & 26862 other titles (part 001 of 029)
Notes: Notice of relinquishment of security interest in United States copyrights.
Party 1: Bank of America, NA.
Party 2: WMG Acquisition Corporation.
Links: List of Titles
Names: Bank of America, NA.
WMG Acquisition Corporation
Document TWO: Source US Copyright Office
Type of Work: Recorded Document
Document Number: V3579D650
Date of Recordation: 2009-06-04
Entire Copyright Document: V3579 D640-676 P1-802
Date of Execution: as of 28May09
Title: $$$ Girlz & 36108 other titles (part 011 of 037)
Notes: Copyright security agreement.
Party 1: WMG Acquisition Corporation, WMG Holdings Corporation, AP Schmidt Company, Alternative Distribution Alliance, Asylum Records, LLC, Atlantic/143, LLC, Atlantic Mobile, LLC, Atlantic/MR Ventures, Inc., Atlantic Productions, LLC, Atlantic Recording Corporation, Atlantic Scream, LLC, BB Investments, LLC, Berna Music, Inc., Big Beat Records, Inc., BullDog Entertainment Group, LLC, BullDog Island Events, LLC, Bute Sound, LLC, Cafe Americana, Inc., Chappell & Intersong Music Group (Australia, Ltd.), Chappell and Intersong Music Group (Germany), Inc., Chappell Music Company, Inc., Chorus, LLC, Cordless Recordings, LLC
Cota Music, Inc., Cotillion Music, Inc., CRK Music, Inc., E/A Music, Inc., East West Records, LLC, Eleksylum Music, Inc., Elektra/Chameleon Ventures, Inc., Elektra Entertainment Group, Inc., Elektra Group Ventures, Inc., En Acquisition Corporation, FBR Investments, LLC, FHK, Inc., Fiddleback Music Publishing Company, Inc., Foster Frees Music, Inc., Foz Man Music, LLC, Inside Job, Inc., Insound Acquisition, Inc., Intersong USA, Inc., Jadar Music Corporation, Lava Records, LLC, Lava Trademark Holding Company, LLC, Lem America, Inc., London-Sire Records, Inc., Made of Stone, LLC, Maverick Partner, Inc., McGuffin Music, Inc.
Mixed Bag Music, Inc., MM Investment, Inc., NC Hungary Holdings, Inc., New Chappell, Inc., Nonesuch Records, Inc., Non-Stop Music Holdings, Inc., NVC International, Inc., Octa Music, Inc., Penalty Records, LLC, Pepamar Music Corporation, Perfect Game Recording Company, LLC, Rep Sales, Inc., Restless Acquisition Corporation, Revelation Music Publishing Corporation, Rhino Entertainment Company, Rhino/FSE Holdings, LLC, Rhino Name & Likeness Holdings, LLC, Rick’s Music, Inc., Rightsong Music, Inc., Rodra Music, Inc., Ryko Corporation, RykoDisc, Inc., RykoMusic, Inc., Sea Chime Music, Inc., SR/MDM Venture, Inc., Super Hype Publishing, Inc.
T-Boy Music, LLC, T-Girl Music, LLC, Biz, LLC, Rhythm Method, Inc., Tommy Boy Music, Inc., Tommy Valando Publishing Group, Inc., TW Music Holdings, Inc., UniChappell Music, Inc., Upped.Com, LLC, Walden Music, Inc., Warner Alliance Music, Inc., Warner Brethren, Inc., Warner Brothers Music International, Inc., Warner Brothers Records, Inc., Warner/Chappell Music, Inc., Warner/Chappell Music (Services), Inc., Warner/Chappell Production Music, Inc., Warner Custom Music Corporation, Warner Domain Music, Inc., Warner-Elektra-Atlantic Corporation, Warner Music Discovery, Inc., Warner Music Distribution, Inc.
Warner Music, Inc., Warner Music Latina, Inc., Warner Music SP, Inc., Warner Sojourner Music, Inc., WarnerSongs, Inc., Warner Special Products, Inc., Warner Strategic Marketing, Inc., Warner-Tamerlane Publishing Corporation, Warprise Music, Inc., WB Gold Music Corporation, WB Music Corporation, WBM/House of Gold Music, Inc., WBM Music Corporation, WBR Management Services, Inc., WBR/QRI Venture, Inc., WBR/Ruffnation Ventures, Inc., WBR/SIRE Ventures, Inc., We Are Musica, Inc., WEA Europe, Inc., WEA, Inc., WEA International, Inc., WEA Latina Musica, Inc., WEA Management Services, Inc., Wide Music, Inc., WMG Management Services, Inc., WMG Trademark Holding Company, LLC
Fueled By Ramen, LLC, Maverick Recording Company, Non-Stop Cataclysmic Music, LLC, Non-Stop International Publishing, LLC, Non-Stop Outrageous Publishing, LLC, Non-Stop Music Library, LC, Non-Stop Music Publishing, LLC & Non-Stop Productions, LLC.
Party 2: Wells Fargo Bank, NA.
Why would someone who was about to embark on a paid series of concerts transfer copyrights just weeks before?
Rights were transferred to Party 1: WMG who is: Company Overview
WMG Acquisition Corp., together with its subsidiaries, operates as a music content company in United States and internationally. It engages in recorded music and music publishing operations. The recorded music operations consist of the discovery and development of artists, as well as related marketing, distribution, and licensing of recorded music in various physical and digital formats. It also includes the company’s artist services business, which offers artist management, merchandising, strategic marketing and brand management, ticketing, concert promotion, fan club, original programming, and video entertainment. The music publishing operations include the ownership or control of rights t...
Let's watch the video below:
Oh that's right . . Sony and the Estate signed a deal turning those rights over in 2010.
March 15, 2010
http://www.nytimes.com/2010/03/16/arts/music/16jackson.html
Tommy must have been psychic in 2009 to know this would happen!
Jacko May Claim 'Threats' by Mottola
published July 12, 2002
The Michael Jackson-Tommy Mottola standoff is heading into new territory. A serious source close to Jackson told me yesterday: "There is correspondence between Michael and Tommy that will show why Michael has done what he's done. When it comes out it will clear the whole thing up. It's all about Tommy goading Michael to respond the way that he has."
My source says that on more than one occasion he has been present during speaker calls between Jackson and Sony Music President Tommy Mottola in which Mottola "threatened" Jackson. "Not physical threats, but certainly the threat that Michael would be destroyed and his career would be over if he didn't agree to Tommy's terms. It's Tommy saying 'I'll ruin you.'"
The basis for all this? "The Beatles catalog," says my source. "That's it in a nutshell. This has all been done by Tommy in an effort to squeeze Michael financially. Tommy wants the Beatles catalog."
Most importantly, as I wrote in this space on June 18, Jackson is not doing this to get a better deal at Sony. As that column stated, and as this source reconfirmed for me, Michael's recording contract with Sony is over. His last release from the label will be a greatest hits set at Christmas containing four previously unreleased tracks.
Jackson leaves Sony in debt, with no assets. His album catalog — Off the Wall, Thriller, Bad, Dangerous, History, Blood on the Dance Floor, and Invincible — will remain at Sony/Epic Records. His Beatles catalog is mortgaged to Sony Publishing. His own song catalog containing "Billie Jean," "Beat It" and other hits — is published by Warner/Chappell Music. But Michael has used that catalog for loans totaling millions of dollars.
He is, essentially, tapped out. Hence the current behavior bordering on frenzy in which Michael is running around New York with a megaphone screaming like a stuck pig. It's as if he awoke from a long, deep coma to find his financial house on fire, and Mottola standing there with the matches.
Some critics may say Jackson has only himself to blame. They are not far from wrong. Last year I told you that sources at Sony Recording Studios claimed Michael had spent tens of millions of Sony's dollars on remastering his old records. Some tracks were remastered 20 or more times before Jackson picked one he liked. Jackson ignored the mounting costs, letting Sony pick up the bills. He seemed to have no idea that one day there would be a final accounting.
Jackson's personal costs are also exorbitant even by celebrity standards. He keeps a personal staff of 120 people including those who run and maintain the Neverland Ranch in Los Olivos, Calif. The zoo that's kept on the ranch, which includes many animals not usually seen as house pets, costs a fortune to maintain. Sources told me last year that Bubbles the Chimp, Michael's most famous non-human friend, died from neglect.
The question of whether or not Jackson has any money left was answered last summer. That's when Michael was forced to use a diamond watch valued at $2 million as collateral for a bank loan with Bank of America/NationsBank. Jackson had taken the watch on approval from a Beverly Hills jeweler. When he returned it damaged, the jeweler demanded payment. Jackson, not having the funds, took the watch and then used it to raise the money.
It wasn't Jackson's only loan.
This column reported on April 19 just a portion of Jackson's business dealings. Jackson's banker, a senior vice president at the Bank of America who has worked closely on Jackson's accounts, told me then: "I've kept him alive for 20 years. And it's not that the advice he gets is bad. It's him. He's his own worst enemy."
Read more: http://www.foxnews.com/story/0,2933,57512,00.html#ixzz28vBEW0go http://www.foxnews.com/story/0,2933,57512,00.html
Copyright Security Agreement: A copyright security agreement is a written agreement where one person uses his copyrights or copyright licenses as security for the payment of a loan obligation. The owner of the copyrights agrees to transfer them to the lender as collateral for the loan.
Document ONE: Source US Copyright Office
Type of Work: Recorded Document
Document Number: V3578D649
Date of Recordation: 2009-05-29 Entire Copyright Document: V3578 D649-677 P1-417
Date of Execution: as of 27May09; date of cert.: 28May09
Title: 5150 & 26862 other titles (part 001 of 029)
Notes: Notice of relinquishment of security interest in United States copyrights.
Party 1: Bank of America, NA.
Party 2: WMG Acquisition Corporation.
Links: List of Titles
Names: Bank of America, NA.
WMG Acquisition Corporation
Document TWO: Source US Copyright Office
Type of Work: Recorded Document
Document Number: V3579D650
Date of Recordation: 2009-06-04
Entire Copyright Document: V3579 D640-676 P1-802
Date of Execution: as of 28May09
Title: $$$ Girlz & 36108 other titles (part 011 of 037)
Notes: Copyright security agreement.
Party 1: WMG Acquisition Corporation, WMG Holdings Corporation, AP Schmidt Company, Alternative Distribution Alliance, Asylum Records, LLC, Atlantic/143, LLC, Atlantic Mobile, LLC, Atlantic/MR Ventures, Inc., Atlantic Productions, LLC, Atlantic Recording Corporation, Atlantic Scream, LLC, BB Investments, LLC, Berna Music, Inc., Big Beat Records, Inc., BullDog Entertainment Group, LLC, BullDog Island Events, LLC, Bute Sound, LLC, Cafe Americana, Inc., Chappell & Intersong Music Group (Australia, Ltd.), Chappell and Intersong Music Group (Germany), Inc., Chappell Music Company, Inc., Chorus, LLC, Cordless Recordings, LLC
Cota Music, Inc., Cotillion Music, Inc., CRK Music, Inc., E/A Music, Inc., East West Records, LLC, Eleksylum Music, Inc., Elektra/Chameleon Ventures, Inc., Elektra Entertainment Group, Inc., Elektra Group Ventures, Inc., En Acquisition Corporation, FBR Investments, LLC, FHK, Inc., Fiddleback Music Publishing Company, Inc., Foster Frees Music, Inc., Foz Man Music, LLC, Inside Job, Inc., Insound Acquisition, Inc., Intersong USA, Inc., Jadar Music Corporation, Lava Records, LLC, Lava Trademark Holding Company, LLC, Lem America, Inc., London-Sire Records, Inc., Made of Stone, LLC, Maverick Partner, Inc., McGuffin Music, Inc.
Mixed Bag Music, Inc., MM Investment, Inc., NC Hungary Holdings, Inc., New Chappell, Inc., Nonesuch Records, Inc., Non-Stop Music Holdings, Inc., NVC International, Inc., Octa Music, Inc., Penalty Records, LLC, Pepamar Music Corporation, Perfect Game Recording Company, LLC, Rep Sales, Inc., Restless Acquisition Corporation, Revelation Music Publishing Corporation, Rhino Entertainment Company, Rhino/FSE Holdings, LLC, Rhino Name & Likeness Holdings, LLC, Rick’s Music, Inc., Rightsong Music, Inc., Rodra Music, Inc., Ryko Corporation, RykoDisc, Inc., RykoMusic, Inc., Sea Chime Music, Inc., SR/MDM Venture, Inc., Super Hype Publishing, Inc.
T-Boy Music, LLC, T-Girl Music, LLC, Biz, LLC, Rhythm Method, Inc., Tommy Boy Music, Inc., Tommy Valando Publishing Group, Inc., TW Music Holdings, Inc., UniChappell Music, Inc., Upped.Com, LLC, Walden Music, Inc., Warner Alliance Music, Inc., Warner Brethren, Inc., Warner Brothers Music International, Inc., Warner Brothers Records, Inc., Warner/Chappell Music, Inc., Warner/Chappell Music (Services), Inc., Warner/Chappell Production Music, Inc., Warner Custom Music Corporation, Warner Domain Music, Inc., Warner-Elektra-Atlantic Corporation, Warner Music Discovery, Inc., Warner Music Distribution, Inc.
Warner Music, Inc., Warner Music Latina, Inc., Warner Music SP, Inc., Warner Sojourner Music, Inc., WarnerSongs, Inc., Warner Special Products, Inc., Warner Strategic Marketing, Inc., Warner-Tamerlane Publishing Corporation, Warprise Music, Inc., WB Gold Music Corporation, WB Music Corporation, WBM/House of Gold Music, Inc., WBM Music Corporation, WBR Management Services, Inc., WBR/QRI Venture, Inc., WBR/Ruffnation Ventures, Inc., WBR/SIRE Ventures, Inc., We Are Musica, Inc., WEA Europe, Inc., WEA, Inc., WEA International, Inc., WEA Latina Musica, Inc., WEA Management Services, Inc., Wide Music, Inc., WMG Management Services, Inc., WMG Trademark Holding Company, LLC
Fueled By Ramen, LLC, Maverick Recording Company, Non-Stop Cataclysmic Music, LLC, Non-Stop International Publishing, LLC, Non-Stop Outrageous Publishing, LLC, Non-Stop Music Library, LC, Non-Stop Music Publishing, LLC & Non-Stop Productions, LLC.
Party 2: Wells Fargo Bank, NA.
Why would someone who was about to embark on a paid series of concerts transfer copyrights just weeks before?
Rights were transferred to Party 1: WMG who is: Company Overview
WMG Acquisition Corp., together with its subsidiaries, operates as a music content company in United States and internationally. It engages in recorded music and music publishing operations. The recorded music operations consist of the discovery and development of artists, as well as related marketing, distribution, and licensing of recorded music in various physical and digital formats. It also includes the company’s artist services business, which offers artist management, merchandising, strategic marketing and brand management, ticketing, concert promotion, fan club, original programming, and video entertainment. The music publishing operations include the ownership or control of rights t...
Let's watch the video below:
Tommy Mattola: "Considered the gatekeeper of his music catalogs"
How can Sony own the rights to his unreleased songs when his contract with Sony and any material to be released was over in 2002?
Bad 25 Anniversary Edition released by Sony Legacy: CD2 - A CD containing previously unreleased material recorded in Michael's personal studio at Hayvenhurst. This material includes early demo versions of songs from the album as well as demos for songs not included on the final album. All of this material is being released as it was recorded during the BAD sessions. Nothing has been added or changed. In addition, this CD also includes new remixes from internationally renowned DJ/producers.
Oh that's right . . Sony and the Estate signed a deal turning those rights over in 2010.
March 15, 2010
http://www.nytimes.com/2010/03/16/arts/music/16jackson.html
Tommy must have been psychic in 2009 to know this would happen!
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