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-   -   Let it bequest - Jackson wants to leave Paul McCartney Beatles back catalogue (http://www.beatlelinks.net/forums/showthread.php?t=37146)

I am the Paulrus Jan 04, 2009 07:12 AM

Let it bequest - Jackson wants to leave Paul McCartney Beatles back catalogue
 
Let it bequest - Jackson wants to leave Paul McCartney Beatles back catalogue

EXCLUSIVE by Zoe Griffin
The Daily Mirror

Saturday, January 3, 2009

http://www.mirror.co.uk/celebs/lates...5875-21013162/

MICHAEL Jackson hopes to bury his 24-year feud with Sir Paul McCartney – by leaving his share of the Beatles back catalogue to him in his will.

Macca was furious when Jacko outbid him in 1985 to win ownership of the £350million publishing rights to the whole Lennon-McCartney songbook.

The stars, once good pals who collaborated on early 80s hits The Girl is Mine and Say, Say, Say have not spoken since.

But the debt-ridden King of Pop, now said to be battling a serious genetic lung disease, is determined to make peace with McCartney.

Jackson, 50, who according to some reports is convinced he is dying and has been using a wheelchair, has drawn up a new will where Sir Paul, 66, will inherit control of his share of the Beatles songbook if the troubled star dies before him.

Sources close to Jacko say he has always regretted falling out with Macca. One insider said: “Michael is worried about his health so decided it was time to look at his finances.

“Most of his estate has been divided up between his three children. But Michael told his lawyers he was sad he no longer talks to Sir Paul and said he wanted to make things right.”

The source added: “Michael is suffering serious back and leg pain and has for a few years. He gets spasms in his back which means he spends a lot of time in bed and a wheelchair.

“He weighs just over seven stone and is very frail. He’s also had a nasty bout of emphysema and there have been reports he has another lung disease.”

Jacko sold half of his Beatles back catalogue rights to Sony in 1995, but still makes about £40million a year from them.

Macca said recently: “The annoying thing is I have to pay to play some of my own songs. Each time I want to sing Hey Jude I have to pay.”

Last night a source close to Sir Paul said: “If Michael Jackson was to give back the song rights in his will then Macca would be delighted.”

Michael Jackson’s spokesman has officially denied the star believes he is dying.

BadLittleKid Jan 04, 2009 07:17 AM

Do it Michael, please.

lennonluvr9 Jan 04, 2009 07:18 AM

.........................


Honestly, that's the only thing I can think of to say right now! I'm not sure whether to believe this or not...

Starshyne Jan 04, 2009 07:36 AM

Even if it is true (the part about him leaving him the songs in the will), I don't think Paul will live longer than MJ. I don't think MJ is dying (but who knows!). I wonder if Paul passed away before Michael if the songs could go to one of the McCartney children? It would be great to have the songs back in the family.

LemonCurry Jan 04, 2009 10:45 AM

he wants Paul to have the songs in his will(!?), and then some spokesman says that he is'nt dying....?...uhm, okay...
whats Jacko doing with the songs anyway...b*stard

darkhorse23 Jan 04, 2009 11:16 AM

If he wants to do the right thing, why doesn't he let Paul (and Yoko) buy the songs now?

Mrs.Mustard Jan 04, 2009 12:14 PM

I agree, it seems a little rediculous. If he wants to win his friendship back..give the songs back. It seems bizarre in the first place that he should/would buy them. Apart from the money, why own songs you haven't written/aren't going to play??

SF4-EVER Jan 04, 2009 04:56 PM

Quote:

Originally Posted by Mrs.Mustard (Post 916650)
Apart from the money, why own songs you haven't written/aren't going to play??

It is all about the money. Ironically, Paul was the one who suggested that Michael invest in songs. Paul owns the Buddy Holly catalog, and I think he owns others as well.

Starshyne Jan 04, 2009 07:35 PM

Paul owns the rights to all sorts of songs. He owns a lot of musicals such as Annie and Guys and Dolls. I once read a list of the songs he owns the rights to and was totally blown away!

OzBeatleFan Jan 05, 2009 02:14 AM

So how does Michael have financial problems and considered almost broke, when he makes about 40 million pounds a year?? (Sorry but I don't have a "pound" sign on my keyboard, only a $$.:teeth1:)

Oh and for those two songs, The Girl is Mine and Say Say Say, they should be paying us. I do love Macca songs, but sorry folks those two were just crap!!!
The scary part is where Michael says he's a lover not a fighter. EWWWW!!!!:barf3:

jtal909 Jan 05, 2009 07:48 PM

If michael really wants to make it right he should just sell his shares to Paul now.
everybody wins.

Starshyne Jan 05, 2009 08:01 PM

I love the Say Say Say video. That was one of the first videos I ever remember seeing. I still enjoy it.

glennan Jan 05, 2009 10:04 PM

In all fairness, based on the common accounts of song contribution, this is how things should break down between Lenono (Yoko/John interests) and MPL (Paul interests). After all this time, while the credits remain the same out of respect for past history, the copyrights should be divided according to who solely wrote or had a stronger hand in writing the songs if one wishes to be totally fair. Probably won't happen, but here's how it would look if it did.

LENONO/MPL
(60) (40)
A Day in the Life
Ask Me Why
Baby You're a Rich Man
Baby's in Black
Day Tripper
Dig It
Dr. Robert
Flying
From Me to You
Help!
Hey Bulldog
I Want to Hold Your Hand
I'll Get You
In My Life
I've Got a Feeling
Little Child
Lucy in the Sky with Diamonds
Misery
Norwegian Wood (This Bird Has Flown)
She Loves You
Thank You Girl
The Word
What Goes On
Wait

MPL/LENONO
(60) (40)
And I Love Her
Blackbird
Can't Buy Me Love
Drive My Car
Eight Days a Week
Eleanor Rigby
Every Little Thing
Getting Better
Hold Me Tight
I Saw Her Standing There
I Wanna Be Your Man
Love Me Do
Magical Mystery Tour
Michelle
P.S. I Love You
Paperback Writer
Penny Lane
She's a Woman
She's Leaving Home
We Can Work it Out
What You're Doing
When I'm Sixty-Four
With a Little Help from My Friends
Yellow Submarine

LENONO
(100)
A Hard Day's Night
Across the Universe
All I've Got to Do
All You Need is Love
And Your Bird Can Sing
Any Time at All
Because
Being for the Benefit of Mr. Kite
Come Together
Dear Prudence
Dig a Pony
Do You Want to Know a Secret?
Don't Let Me Down
Girl
Glass Onion
Good Morning Good Morning
Happiness is a Warm Gun
I Am the Walrus
I Call Your Name
I Don't Want to Spoil the Party
I Feel Fine
I Should Have Known Better
I Want You (She's So Heavy)
If I Fell
I'll Be Back
I'll Cry Instead
I'm a Loser
I'm Happy Just to Dance with You
I'm Only Sleeping
I'm So Tired
It Won't Be Long
It's Only Love
Julia
Mean Mr. Mustard
No Reply
Not a Second Time
Nowhere Man
One After 909
Please Please Me
Polythene Pam
Rain
Revolution
Run for Your Life
She Said She Said
Strawberry Fields Forever
Sun King
Tell Me Why
The Ballad of John and Yoko
The Continuing Story of Bungalow Bill
There's a Place
This Boy
Ticket to Ride
Tomorrow Never Knows
When I Get Home
You're Gonna Lose That Girl
You've Got to Hide Your Love Away

MPL
(100)
All My Loving
All Together Now
Another Girl
Back in the USSR
Carry That Weight
Fixing a Hole
For No One
Get Back
Golden Slumbers
Good Day Sunshine
Got to Get You into My Life
Hello Goodbye
Her Majesty
Here, There and Everywhere
Hey Jude
I Will
I'll Follow the Sun
I'm Looking Through You
I've Just Seen a Face
Lady Madonna
Let it Be
Lovely Rita
Martha My Dear
Maxwell's Silver Hammer
Ob-la-di, Ob-la-da
Oh! Darling
Rocky Raccoon
Sgt. Pepper's Lonely Hearts Club Band
Sgt. Pepper's Lonely Hearts Club Band (Reprise)
She Came in Through the Bathroom Window
Tell Me What You See
The End
The Fool on the Hill
The Long and Winding Road
The Night Before
Things We Said Today
Two of Us
Why Don't We Do It in the Road?
Wild Honey Pie
Yesterday
You Never Give Me Your Money
You Won't See Me
Your Mother Should Know

VersusBatman Jan 05, 2009 10:10 PM

I think the lung disease is just a rumor.

Mrs.Mustard Jan 05, 2009 10:10 PM

Wow, that just proves how many great songs they have written..Isn't cool how we can just look at the title of each song and play it in our heads :P

Mclenarr Jan 06, 2009 08:46 AM

Quote:

Originally Posted by glennan (Post 917283)
In all fairness, based on the common accounts of song contribution, this is how things should break down between Lenono (Yoko/John interests) and MPL (Paul interests). After all this time, while the credits remain the same out of respect for past history, the copyrights should be divided according to who solely wrote or had a stronger hand in writing the songs if one wishes to be totally fair. Probably won't happen, but here's how it would look if it did.

LENONO/MPL
(60) (40)
A Day in the Life
Baby You're a Rich Man
Flying
From Me to You
Help!
I Want to Hold Your Hand
I'll Get You
In My Life
I've Got a Feeling
Lucy in the Sky with Diamond
Norwegian Wood (This Bird Has Flown)
She Loves You

Paul would freak at those lennono 60/40's...He claims to have co-written Johns part in A day in the life and LSD and had a big hand in NWood. He claims to have written flyings melody alone and the other just added their bits to it. Help,From me to you, she loves you and IWTHYH he cliams they wrote together, totally 50/50 and you just know he's dying to emphasie how much more he contributed to them than John. BYARM is two songs put together like ADTL as is IGAF the bulk of which is entirely Pauls song with just a bit of Johns added on the end. Not only does Paul claim he wrote IGY but also claims John wouldn't have written Imagine if Paul hadn't come up with the 'Imagine i'm in love with you' line in IGY, that's how petty and sad he's become about it all...and as for IML...Phew!! He claims to have written ALL the meldody which is a real stinger for Johns reputation!!

BertoneBeatle Jan 10, 2009 11:57 AM

Another Jacko rumor, I'll believe it when a credible source comes forward.

Loony_leo Jan 10, 2009 02:40 PM

Its so stupid that MJ was even allowed to buy the rights in the first place! The music belongs to the Beatles, they were the genuises that created all those amazing songs... and Paul shouldn't have to pay money to share HIS music with the world.

erinluv182 Jun 25, 2009 06:55 PM

I hadn't thought about what would happen to the Beatles' catalogue until Keith Olberman brought it up on MSNBC (aaaaand incorrectly said that Paul and MJ sang together on "Ebony and Ivory"....seriously... I should be hired as a Beatles fact checker...it's obvious that these people are in need of my services), but it does beg the question....what will happen. Olberman mentioned this report, and I had remembered seeing this thread on the links earlier this year.

I mean no disrespect to Michael's memory by bringing this up, but I do think it would be wonderful if somehow the incredible Lennon/McCartney catalogue could find its way back where it belongs.

http://www.examiner.com/x-2082-Beatl...es-catalog-now


With Michael Jackson gone, what happens to the Beatles catalog now?
June 25, 4:46 PM


Certainly, one of the questions that will be floated in the wake of Michael Jackson's death is what will happen to the Beatles catalog.
In an incident that raised the ire of Beatles fans all over the world, Jackson in 1984 managed to buy the Beatles catalog in spite of efforts of others, including Paul McCartney, to buy it. He then gained the rights to most of the Beatles catalog.
In years since, because of financial troubles, Jackson has lost full ownership of the catalog.
In January, Spinner.com had reported a UK Daily Mirror tabloid report that Michael Jackson had reportedly left the Beatles catalog to Paul McCartney in his will. Of course, like most tabloid headlines, this story is as solid as sawdust.
In actuality, probably nothing may happen, since the catalog is not solely owned by Jackson anymore, but was the property of Sony/ATV Music Publishing, of which he only owned 50 per cent interest.
But even if Paul McCartney, Yoko Ono or any of the Beatles brain trust is able to get the catalog back under their control, this Jackson maneuver will never be forgotten.
The Recording Academy issued this statement about Michael Jackson:
Recording Academy Statement
Michael Jackson
June 25, 2009
"Rarely has the world received a gift with the magnitude of artistry, talent, and vision as Michael Jackson. He was a true musical icon whose identifiable voice, innovative dance moves, stunning musical versatility, and sheer star power carried him from childhood to worldwide acclaim. A 13-time GRAMMY recipient, Michael’s career transcends musical and cultural genres and his contributions will always keep him in our hearts and memories. We are deeply saddened by this tragic news and our hearts go out to his family and to music lovers around the globe who mourn this great loss."
Neil Portnow
President/CEO
The Recording Academy®

ringo_rama Jun 25, 2009 08:08 PM

Am I the only one who never really cared that MJ owned the catalog? It's not like Paul or Yoko were ever hurting for cash. It probably wasn't the nicest thing to do to a peer but business is business.

hibgal Jun 26, 2009 02:14 AM

I've never really thought about it. I assume Paul could've outbid Michael if he truly wanted to. Besides, we don't know all the facts. Maybe, if Michael had not bought it, Yoko would. I wonder if Paul had preferred that? :nono3:

Still, maybe now isn't the best of times to discuss this?

SF4-EVER Jun 26, 2009 03:53 AM

I believe Paul and Yoko put in a joint bid, hibgal.

Asha Jun 26, 2009 05:48 AM

Quote:

Originally Posted by ringo_rama (Post 960771)
Am I the only one who never really cared that MJ owned the catalog? It's not like Paul or Yoko were ever hurting for cash. It probably wasn't the nicest thing to do to a peer but business is business.

No... It never bothered me either. I mean, Paul certainly could've bought it, right? Yoko could've? They could've gone in share it & split it up?

I remember Paul saying he didn't think it was right that he would have to buy his own stuff back, but he DID sign the original contract with John. Sure, they were young, naive & didn't know how well the songs would do, how long they would last & the music industry was "younger" then. I mean, who knew??? But, if you sign it away,... who can you blame?

Anyway, no one seemed pissed off at all the previous owner of the music. It was just when it went to a smart young man who bought it up & was in the public eye. I even have an interview where Paul admits that Michael even told Paul while they were working together that he was going to buy the catalog. So, you know,... Even Paul was saying he thought at the time Michael was kidding & he wouldn't really do it. I mean, if Paul doesn't think his music is worth what Michael paid... & Yoko must not have either... then whatever... ya know?

It never bothered me either. However, I would love to see it somehow end up back in the hands of Paul & John's estate. It's just morally where it belongs, ya know?

murrow Jun 26, 2009 07:33 AM

Well the ownership of the songs certainly bothered me and not from a who is profiting standpoint but how the songs are licensed out. I cringe anytime I hear a Beatles song being used to peddle frivolous material items or hotel chains. Perhaps if Paul owned them he would treat them with a bit more sanctity or perhaps not. I guess if Wacko was truly having financial problems then what better cash cow than the Beatles catalogue.

PepperlandFrog Jun 26, 2009 01:09 PM

Quote:

Originally Posted by ringo_rama (Post 960771)
Am I the only one who never really cared that MJ owned the catalog? It's not like Paul or Yoko were ever hurting for cash. It probably wasn't the nicest thing to do to a peer but business is business.

No of course not. i had always thought it was just a business deal, around the edges it might have seemed a bit inappropriate to some.

PepperlandFrog Jun 26, 2009 01:12 PM

Quote:

Originally Posted by murrow (Post 960816)
Well the ownership of the songs certainly bothered me and not from a who is profiting standpoint but how the songs are licensed out. I cringe anytime I hear a Beatles song being used to peddle frivolous material items or hotel chains. Perhaps if Paul owned them he would treat them with a bit more sanctity or perhaps not. I guess if Wacko was truly having financial problems then what better cash cow than the Beatles catalogue.

yeah i never thought i would see the day when Beatles music was just one step above elevator muzak, and the lyrics would miss their punch.

heyjude Jun 27, 2009 10:26 AM

Quote:

Originally Posted by PepperlandFrog (Post 960872)
yeah i never thought i would see the day when Beatles music was just one step above elevator muzak, and the lyrics would miss their punch.

On Channel 2 (TV listings) I've heard Here comes the sun, and When I'm 64 without the lyrics.
It made me smile :blush4:

hibgal Jun 28, 2009 07:07 AM

When the price is right
 
Quote:

Originally Posted by Asha (Post 960806)
It never bothered me either. However, I would love to see it somehow end up back in the hands of Paul & John's estate. It's just morally where it belongs, ya know?

I've always thought if Paul was so sore about it as he made out, he could've bought it back (at least partially) the other year when Michael had all his financial troubles and ended up selling half its interest to Sony. He didn't.

JonnyLytnin Jun 28, 2009 12:38 PM

This is the first thing I thought about when I heard about Jackson's passing. Hopefully, when all is said and done, the Beatles songs and rights that Michael had will go to Macca and Ono.

Lucy Jun 28, 2009 03:59 PM

I think I heard something about them going into a trust because they are too valuable for his creditors to get their paws on. Michael had recently re-hired the lawyer that set up the deal to get the songs in the first place so i am sure he is taking care of it all. but man, who knows. it will all take years to sort out by the sound of it.

Asha Jun 29, 2009 06:03 AM

It's interesting that so many people say Paul was upset about it. I have a couple of interviews of him on video tape in my collection & he's just shrugging his shoulders saying things like how he couldn't be angry at Michael & that Michael can spend his money on whatever he likes. Paul admits that he could've also bought them, but just didn't think they were work quite THAT much. He did admit that Michael told him he was going to buy Paul's music & Paul laughed & thought it was a joke. Maybe over the years it bothered Paul??? I dunno... I just know that when it happened, he was like... "Well, whatever..." I'm sure though that he had to have been bummed on some level to be reminded that he didn't even own his own music. That's still got to be hard to think about. The bottom line is, everything is for sale at some price. So if Paul wants them that badly, he can buy them.

Lucy Jun 29, 2009 06:15 AM

Jackson's Beatles rights at risk

http://www.stuff.co.nz/entertainment...rights-at-risk

The Fab Four's prized catalogue - specifically 267 songs mostly written by John Lennon and Paul McCartney - is embarking on a long and winding road of ownership uncertainty following the death of Michael Jackson on Thursday.

The pop singer and Sony Corp's Sony Music arm operated a lucrative joint venture that either owns or administers the copyrights to about 750,000 compositions written by the likes of Bob Dylan, Neil Diamond, Taylor Swift and the Jonas Brothers.

Industry analysts estimate that Sony/ATV Music Publishing is worth at least US$1 billion, making Jackson one savvy entertainer. His initial investment cost him US$47.5 million in 1985. Music publishing is considered a license to print money. Not quite as exciting as the piracy-ravaged recorded-music side, it involves collecting royalties from such diverse avenues as downloads, radio airplay and videogames.

But mystery now surrounds the beneficial ownership of Jackson's stake. According to a lawsuit filed in 2002 by a creditor, he secured bank loans totalling US$270 million two years earlier using both his Sony/ATV stake and the copyrights to his own songs as collateral.

Jackson lived an extravagant lifestyle, even as his commercial appeal dwindled amid damaging child-abuse allegations and changing music tastes. The Wall Street Journal reported in 2005 that his cash reserves ran so low earlier that year that he worried about paying his electric bill. The paper reported earlier this month that he had racked up about $500 million of debt.

'VERY COMPLEX' VALUATIONS

A clearer picture of his finances will emerge during the administration period of his estate that usually lasts about 18 months, said Renee Gabbard of the law firm Paul, Hastings, Janofsky & Walker in Costa Mesa, California.

Jackson's executors will evaluate his assets, file the estate tax return and invite creditors to submit invoices, said Gabbard, who has a number of wealthy clients with entertainment-related estates.

The process of valuing estate assets, especially intellectual property like music copyrights, is "very complex" and often takes "quite a while," said Gabbard.

"When you have entertainers and musicians they usually have quite extensive royalty contracts. It's very tough to put a value on a catalog of songs," she said.

Jackson and Sony formed their joint venture in 1995, with the singer contributing ATV Songs, whose 4,000 tunes included most of the Beatles catalogue. He had bought ATV a decade earlier from Australian businessman Robert Holmes a Court, famously outbidding McCartney in the process.

Jackson was not involved in the day-to-day operations of Sony/ATV, but as a lover of the songwriting process was known to be "incredibly proud" of the company and its fast growth, according to a publishing industry source.

Ad Feedback A spokesman for Sony/ATV declined to comment.

His stakes in both Sony/ATV and in Mijac, which holds his own copyrights, were owned by trusts. It was not clear if they were irrevocable or not. If they are revocable, then they could be dismantled to satisfy creditors, Gabbard said.

The estate would first pay federal taxes owed on Jackson's assets, most notably the publishing companies. The remaining assets then would go to satisfy creditors and the balance probably would be placed into separate trusts for his beneficiaries, most likely his children, Gabbard said.

But the publishing industry source said it was too premature to speculate about a possible change in ownership at Sony/ATV, which is run by music industry veteran Martin Bandier.

Additionally, each side is reportedly entitled to make a counter-offer if the other side lines up a buyer, or to bid for the other half it does not own.

The Beatles catalogue, meanwhile, just keeps raking in money. The group's CDs will be reissued on September 9, the same day that a Fab Four version of the "Rock Band" videogame hits stores.

lennonluvr9 Jun 29, 2009 06:34 AM

Yeah I figured something like that was gonna happen.

erinluv182 Jul 09, 2009 09:56 AM

Well here you go: directly from Paul on this whole issue.

http://www.paulmccartney.com/news.php#/1674/2009-07

Some time ago, the media came up with the idea that Michael Jackson was going to leave his share in the Beatles songs to me in his will which was completely made up and something I didn’t believe for a second.

Now the report is that I am devastated to find that he didn’t leave the songs to me. This is completely untrue. I had not thought for one minute that the original report was true and therefore, the report that I’m devastated is also totally false, so don’t believe everything you read folks!

In fact, though Michael and I drifted apart over the years, we never really fell out, and I have fond memories of our time together.

At times like this, the press do tend to make things up, so occasionally, I feel the need to put the record straight.

Paul

FPSHOT Jul 09, 2009 09:59 AM

I saw that too this morning, ok well another piece of gossip crap we can forget about, I hope and maybe learn from.

Lucy Jul 10, 2009 04:22 AM

I like it how Paul picks what he speaks out about. Well said Paul!

OzBeatleFan Jul 14, 2009 07:30 AM

Michael actually bought the rights from a Perth millionaire businessman named Robert Holmes a Court. Robert passed quite a few years ago now. Robert went ahead with the sale to Michael as Michael was the only one who was willing to personally fly to Perth and meet with him and appear on our local charity event called Telethon. He didn't perform, but made a few public appearances here and there around Perth.

Bit of trivia for you all.

mccartneymaniac Jul 14, 2009 06:45 PM

will
 
It would be nice since he stole them in the first place.

Yellow Matter Custard Aug 04, 2009 12:56 PM

Quote:

Dandy Warhols Cover 'Blackbird' After Michael Jackson's Death

When Dandy Warhols frontman Courtney Taylor-Taylor sang "When Michael Jackson dies/ We're covering Blackbird" on the title track of 2003's 'Welcome to the Monkey House,' he didn't expect to fulfill the promise six years later. Alas, the Portland band just released their version of the Beatles hit just over a month after Jackson's unexpected death at the age of 50. As Taylor-Taylor tells Spinner, "The story is exponentially longer than the song."

"I wrote a very short little song making vague references to how gross the business side of making music is," Taylor-Taylor -- who was upset with the band's label over their critique of 'Monkey House' -- continues. The song includes lines about Elastica being sued by Wire for plagiarism, as well as the line aimed at Jackson. "It was because he had outbid Paul McCartney on Paul McCartney's songs," Taylor-Taylor says. "That's the rudest thing you can possibly do. I guess the difference is Paul McCartney is one of the greatest songwriters in history and Michael Jackson is one of the greatest singer/dancers in history, so it's the difference between an entertainer and a writer. Rumor has it that Jackson just said to McCartney, 'I'm a businessman,' so I guess he was, and thus when Michael Jackson is no longer alive to receive publishing money from the Beatles, we'll cover a Beatles song."

For Taylor-Taylor, the choice of 'Blackbird' wasn't because the song is a personal favorite. "It's a bummer because it's a hard song to cover," he says. "'Blackbird' was the only Beatles song that fit into the rhyme scheme of 'absurd' and 'heard.' I don't even know if it was one of the songs Jackson bought. I should have done 'I Want to Hold Your Hand' or something."

Of course, as soon as Jackson died, Taylor-Taylor was repeatedly reminded of the promise. "I was in England and woke up one morning to 18 texts that said 'I guess you're going to cover 'Blackbird' and 'Dude, cover time,'" he says. Warhols guitarist Peter Holmstrom started an arrangement right away and the rest of the band added their parts later on. "It's a little trippier, a little dreamier," Taylor-Taylor says of their version. "We slowed it down and I sang it very high, and then we sped it back up. It actually sounds like Michael Jackson singing it. It's sweet and lullaby-ish but there's something creepy without it being Gothic, which is great."

Despite the anti-Jackson sentiment on 'Monkey House,' Taylor-Taylor holds the late singer in high regard. "Michael Jackson is one of the 10 biggest names in the 20th century," he says. "He's up there with Elvis, Adolf. He's bigger than Mick Jagger." Taylor-Taylor also doesn't see any problem with the incessant media coverage of MJ's death. "He was so important to music and culture and had become an iconic freak," he says. "It wasn't like the media coverage when that Guess jeans supermodel that then became a big jelly donut died. Anna Nicole Smith. They treated her like a true legend, a truly important entertainer died. So, I wasn't horrified by the coverage."

'Blackbird' and 'The Dandy Warhols Are Sound,' the band's newly released original mix of 2003's 'Welcome to the Monkey House,' are available on the band's official website.
http://www.spinner.com/2009/08/03/da...son-s-death%2F

I thought this was the best place to post this.
If it's not I imagine one of the mods will move it.

You can listen to the cover here:

http://www.dandywarhols.com/

glennan Mar 21, 2016 10:41 AM

Bumping if only because of recent relevant news (not sure if this has been discussed elsewhere on the forums, but it seems to fit here):

Quote:

Sony has agreed to pay the estate of Michael Jackson $750 million for its share of the Sony/ATV Music Publishing catalog, the two parties announced late on Monday, ending one of the most closely watched contests in the music industry.

Sony/ATV, a joint venture formed by Sony and Jackson in 1995, is one of the jewels of the music industry. The catalog has more than one million copyrights, including about 250 songs by the Beatles.

The catalog is for music publishing rights, which cover the lyrics and music that are embodied in any recording.

The fate of Sony/ATV, which in addition to the Beatles catalog has hits by acts like Taylor Swift and Lady Gaga, has been one of the music world’s most intriguing guessing games since October. At the time, it emerged that Sony had, apparently with no warning, notified the Jackson estate that the company was initiating the buy-sell provision in its joint-venture deal, in which either party could purchase the other’s half.

Despite the difference in size between Sony and the estate, it was never certain which party would be the buyer.

When Jackson died in 2009, he left more than $500 million in debt, which the estate has mostly eliminated through deals for movies, recordings, theatrical shows and merchandise. Sony, on the other hand, has been suffering from a declining consumer electronics business, and in recent years investors have pressured the company to sell assets to raise cash.

Jackson’s control of the Beatles’ material has been one of the great business legends of the industry. Jackson acquired it when he bought the ATV publishing catalog for more than $40 million in 1985, some time after Paul McCartney made an offhand remark to Jackson about the value of music publishing. In 1995, Jackson sold a 50 percent share of ATV to Sony for about $100 million, creating the Sony/ATV joint venture.

For Sony, the deal will bring a measure of simplicity to its complex music-publishing holdings. Although it will no longer have the Jackson estate as a partner on Sony/ATV, it still has a separate deal for the EMI Music Publishing catalog. Sony bought that catalog for $2.2 billion in 2012 with a group of other investors, among them the sovereign wealth fund Mubadala of Abu Dhabi.

By controlling both the Sony/ATV and EMI catalogs, Sony has wielded the biggest catalog in the music-publishing business, with annual sales of just under $600 million, according to Sony filings.

“This agreement further demonstrates Sony’s commitment to the entertainment businesses,” Kazuo Hirai, chief executive of the Sony Corporation, said in a statement, “and our firm belief that these businesses will continue to contribute to our success for years to come.”

John Branca and John McClain, the coexecutors of the Jackson estate, added that the deal “further allows us to continue our efforts of maximizing the value of Michael’s estate for the benefit of his children.”

The payment to the Jackson estate represents the value of its share of Sony/ATV after the debt on the company. According to the announcement, Sony will pay the Jackson estate a lump sum of $733 million, with the rest accounted for in payments previously committed to by Sony.

The parties said they expected a definitive agreement by the end of March, and that the deal was subject to regulatory approval.

The Jackson estate still has significant holdings in music. It was a minority investor in the EMI publishing deal, and still holds its interest in that catalog. It also has complete ownership of Jackson’s songs and recordings, as well as other publishing holdings that Jackson acquired in his lifetime, including songs by Sly Stone and early rock ’n’ roll classics made famous by Ray Charles and Elvis Presley.

And in another benefit for the Jackson side, once the deal is closed, the estate will be debt-free and hold hundreds of millions in cash.


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