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Originally Posted by Gavin B.
I'm not going to chase tails with you on this subject anymore. I never claimed Joe Jackson was a beneficiary of the Jackson Estate because he wasn't.
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You did but maybe you did not realize it. Here this is what you said:
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Quote:
Originally Posted by Gavin B.
Which means Michael Jackson's parents will be the primary beneficiaries but Sony will have firm control of the entire content of the Mijack music publishing empire
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This means you are referring to Katherine as well as JOE Jackson as the beneficiaries
Quote:
Originally Posted by Gavin B.
I checked a Little Richard's best known songs in the BMI index and all of them were owned by the Sony/ATV which is the musical consortium that owns the Michael Jackson songs. Here are the songs I checked:
Tutti Frutti
Long Tall Sally
Lucille
Slippin and Sliding
Jenny, Jenny
Keep on Knocking
All Night Long
Good Golly Miss Molly
All of those songs are owned by the Jackson Estate entity, Sony/ATV and are the most valuable assets in the Little Richard (Richard Penniman) catalog. The fact that those songs remain in the Sony/ATV catalog is convincing proof that Michael Jackson never returned Little Richard's most valuable songs to him.
Check it out for yourself...Here's a link to the entire Richard Penniman BMI song catalog: BMI | Repertoire Search
According to BMI Little Richard has written a total of 144 songs in his musical career and his lesser known titles (a fair amount of gospel music) are owned by small publishing houses who make bulk purchases of obscure titles with the hope of that a few of the songs will have licensing value in the future. |
When Michael purchased the catalogue containing LR's songs, he gave them back to him as a gift because MJ knew LR had been cheated out of his royalties all throughout his career. He was actually advised by his mother to return the songs back to him and I believe this was done before the merge with Sony in 1995.
This new updated list of music is arguable because its possible Sony already owned these songs. Little Richard has openly commented on Michael returning his music to him and is a big fan of Michael. He has spoken highly of Michael for years and even wanted him to portray him in his biopic.
Sly Stone is also a fan of Michael. So there is no beef or animosity between these singers. Michael respected them which is why he offered to return the songs back to Sly and returned Little Richard songs to him.
Currently, I cant tell you if Little Richard still owns his songs or not but I know Michael did return them to him. Its very possible Little Richard sold his songs to Sony similiar to Sly for money. Sony/ATV is the biggest music publishing company in America so its perfectly possible he did.
Also, Sony did not gain full control. Michael sold them a HALF stake for some astronomical sum--larger than what he originally paid for it, and STILL retained half ownership and control. So all this Sony has full control is bs. Michael is a 50% part owner of the company.
He was a stellar businmess man if you ask me.
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Originally Posted by Gavin B.
I think somebody is confused about the nature of royalty payments. In 1984 Little Richard brought a lawsuit against his former publisher Venice Music and his former record label Specialty Records and ATV for failure to pay royalties between 1959 and 1979 (a period of time prior to the Jackson purchase of the Little Richard catalog in 1980).
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This is false.
Michael purchased the ATV music publishing company in 1985.
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Originally Posted by Gavin B.
Those companies who own licensing rights to the music are still required to pay royalties to the song composer (usually about 15%). For that 20 year period Little Richard didn't receive a single royalty payment from his publishers. It's a fair amount of money because artists like the Beatles and Mitch Ryder had big hits with covers of Little Richard songs. Little Richard settled in 1986 for an undisclosed amount of money.
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Which is why Michael returned his music back to him because he saw how he was screwed over.
You can youtube the many videos Little Richard speaks positively about Michael Jackson almost like a stan. But if you really think this thin "objectively" if those reports were not true dont you think Little Richard would publicly bash the reports?
Little Richard is VERY outspoken and he is very outspoken when it comes to his music and how he has been treated.
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Originally Posted by Gavin B.
I'm not sure how this story of Michael Jackson restoring the licensing rights to Little Richard got started, but there isn't a single music trade announcement of the story.
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There are thousands reports on this story...
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Originally Posted by Gavin B.
Perhaps Jackson himself made a false or uniformed claim to have done so. The only place I heard this story was among the numerous Jackson fan blogs but none of these blogs had a link to a news story about it. The proof is in the BMI publishing database and I've provided you with the link to it. I have no idea of why you want to promote this ludicrous myth about Michael Jackson's charity toward Little Richard.
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Not necessarily because there were songs Michael didnt own before the merge and even after he passed (that he now does because of his 50% ownership with Sony).
I am not promoting a myth and I dont view this as "charity". Michael and Little Richard were really good friends (even when he did own his songs)
You do realize when MJ brought that catalogue from Mcartney those LR songs were also already in the catalogue?? That is why I didnt understand his complaining about MJ buying his music when he has been screwing over black artists for years. He was the one that told Michael about the company...
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Originally Posted by Gavin B.
When Jackson purchased the Little Richard songs he began paying out royalties to Little Richard, but he never gave away the physical licensing rights to Little Richard. Jackson simply did what any reputable music publishers should do: pay out royalties to the song composer.
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Thats beside the point,he eventually returned his music to him