TEN not FIFTY: Date: March 5, 2009
"The recordings were made as part of a deal cut by AEG Live with Jackson, which included plans to produce a live album and DVD of the singer performing his greatest hits"
For the full story click here
From Wikipedia:
"Columbia Pictures acquired the footage of the show rehearsals and made a concert film titled Michael Jackson's This Is It. The Jackson estate received 90% of the profit made while the remaining 10% went to AEG Live. Columbia Pictures guaranteed at least $60 million for the rights. To coincide with the release of the concert footage, an accompanying album was also released."
Columbia Pictures Industries, Inc. (CPII) is an American film production and distribution studio. Columbia Pictures now forms part of theColumbia TriStar Motion Picture Group, owned by Sony Pictures Entertainment, a subsidiary of the Japanese conglomerate Sony. It is one of the leading film studios in the world, a member of the so-called Big Seven
So how did AEG and Sony get such a great relationship? Well it looks like according to this article by MTV written only four days after Michael's passing, that Michael made a deal with AEG for a live album? I didn't know that AEG cut records too unless this agreement was made with Sony and in that case wouldn't have that been said in the Conrad Murray testimony when Kenny Ortega testified that the only cameras present were that of Michael Jackson's? Does someone have a copy of this contract? That might be handy in court.
"Columbia Pictures acquired the footage of the show rehearsals and made a concert film titled Michael Jackson's This Is It. The Jackson estate received 90% of the profit made while the remaining 10% went to AEG Live. Columbia Pictures guaranteed at least $60 million for the rights. To coincide with the release of the concert footage, an accompanying album was also released."
Columbia Pictures Industries, Inc. (CPII) is an American film production and distribution studio. Columbia Pictures now forms part of theColumbia TriStar Motion Picture Group, owned by Sony Pictures Entertainment, a subsidiary of the Japanese conglomerate Sony. It is one of the leading film studios in the world, a member of the so-called Big Seven
So how did AEG and Sony get such a great relationship? Well it looks like according to this article by MTV written only four days after Michael's passing, that Michael made a deal with AEG for a live album? I didn't know that AEG cut records too unless this agreement was made with Sony and in that case wouldn't have that been said in the Conrad Murray testimony when Kenny Ortega testified that the only cameras present were that of Michael Jackson's? Does someone have a copy of this contract? That might be handy in court.
"The recordings were made as part of a deal cut by AEG Live with Jackson, which included plans to produce a live album and DVD of the singer performing his greatest hits"
For the full story click here
According to Randy Phillips in his email dated back in July of 2009: "we just closed a $60m deal against a gigantic back-end for the rights to the film that will be created from all the footage we so wisely shot from the beginning of this project to the last rehearsal"
So was it a wisely sought out decision or a deliberate one?
In the words of my favorite Church Lady . . .
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