Chapter 1022： Risk and benefit are proportional

Michael Jackson's status in the music world is obviously not just a simple superstar.

If he is just a person who sings and dances, he and the team behind him would not be able to fall out with the record party.

He's also one of the most powerful men in the recording industry!

As we all know, Michael Jackson is very rich, he controls two music companies, which are the two lifelines of his economic source - ATV company and MIJAC company.

This is a family history full of blood and tears.

In 1986, Michael Jackson paid $47.5 million for the rights to some of the songs that also included Elvis, Madonna, Oasis, Bob Dylan and other superstars.

These copyrights belong to a record publishing company called ATV.

However, that's fine.

ATV company also includes more than 200 "Beatles" song copyrights!

And the one who competed with Michael Jackson for the ATV company... there was Paul McCartney, the boss of the "Beatles".

Asking Paul McCartney to buy back the rights to his songs is a normal thing for anyone to do.

As a result, Michael Jackson offered a sky-high price.

This incident directly led to a break between Michael Jackson and everyone in the music industry, especially with the British music industry. It also left a hidden danger for British forces such as the BBC to spare no effort to stink Michael Jackson.

Later, Michael Jackson formed MIJAC Music Publishing Company, which only included his own songs. All his songs are copyrighted by Columbia Records.

At the time, Sony had just completed the acquisition of Columbia Records to form Sony Music.

Contradictions run wild.

It was 1993.

Then came Michael Jackson's first child abuse scandal.

After that, it was Michael Jackson's compromise.

He made an agreement with Sony Records, and Sony Records would get the distribution rights of all songs and albums of MIJAC.

In disguise, it means that Michael Jackson's songs have returned to the embrace of Sony Records.

During that time, Michael Jackson took refuge in Universal Music and EMI, but failed to solve the problem.

When Sony Records took over, the private negotiation of the scandal went smoothly.

Not only that, Sony Records bought half of the shares of Michael Jackson's ATV Music Company for $1+1 billion!

Don't look at ATV's song copyrights, there are less than 400 songs, but each of them is a heavyweight song, and it is a song from a superstar in the music world.

Every year, 35% of ATV's copyright income will be handed over to the corresponding stars, and the rest will be split equally between Sony Records and Michael Jackson.

Even so, Michael Jackson makes $50 million a year from ATV.

The small music publishing company is valued at $1 billion.

The conflict between Sony and Michael Jackson has come to an end.

In 2001, Michael Jackson released his new album "Invincible", which sold 10 million copies worldwide.

10 million record sales is a very impressive number for any other singer. But for Michael Jackson, it was an insult.

The second conflict between the two sides broke out.

Michael Jackson publicly accused Sony Records of not promoting his new album seriously and refusing to budget for a music video, resulting in mediocre sales. They even organized fan meetings in London and New York to publicly denounce Sony, with slogans such as "Sony get rough" and "Anti-Sony".

Tommy Mottola, the president of Sony Records, was furious, pointed at Michael Jackson's nose and cursed, said a lot of insults involving racism, and said angrily: "I'm going to destroy you!"

Sony Records then made a PR crisis, firing Tommy Mottola in an attempt to bring Michael Jackson back to the negotiating table.

However, this time Michael Jackson did not compromise.

Then came the second sexual assault scandal.

Even now, Michael Jackson is still being grounded by the Los Angeles court. Not only is he not allowed to be in a situation, but his domestic actions must be approved by the police.

At the end of March, the case will be reopened.

After 3-5 trials, the court will make a judgment on Michael Jackson's child sexual abuse case.

Obviously, this time, the two sides did not reach an agreement on interests, and they really fell out.

That time ten years ago, although there was a lot of trouble, it turned out to be private.

If this court session, the chain of evidence is extremely unfavorable to Michael Jackson, then he will sit in prison.

This time, the two sides really worked hard!

Of course, there is no direct evidence that Sony is behind the Michael Jackson **** abuse scandal.

However, the directionality is very obvious.

Dunn's suggestion to Steve Burke is to point out the direction behind this case through media public opinion, so that Sony will be under strong public opinion pressure, and the case of NBC's acquisition of Sony Entertainment will be very smooth.

The problem is that many industry leaders, including Steve Burke, generally believe that the Michael Jackson scandal...is real.

The evidence is too bad.

If it is not handled well, it will put Sony on the moral high ground, and NBC will become an accomplice to help Michael Jackson clean up his identity.

It's too risky.

In this trial, Michael Jackson is likely to be planted!

"I am greedy when others are fearful, and I am fearful when others are greedy. Steve, in my opinion, the Michael Jackson case is just an opportunity! An opportunity to work with him to get the operating rights of ATV and MIJAC! "

In the living room, Tang En's eyes were bright.

ATV and MIJAC are both companies that only have song copyrights and lack business operations. If you want to release songs and have more revenue channels, you must cooperate with traditional record companies.

The current record market is highly monopolized.

Either Sony, Universal, or Warner.

Plus a Disney at most.

Anyone who helps Michael Jackson at this time will have the best opportunity to cooperate with him.

"This……"

Steve Burke couldn't make a decision, and looked embarrassed, "Dawn, his case... I've been paying attention to it for more than half a year. The more you investigate and the more you know, you will find that there is a real There is a big problem, far from being able to frame the blame for the Japanese."

To put it bluntly, he was not optimistic that Michael Jackson would be able to pass this level Dunn spread his hands and said indifferently, "If you can't handle it, then leave it to me."

"It's too risky!"

Steve Burke looked ugly.

He also understood the value of Michael Jackson's two music companies.

If he really passed the risk, and NBC successfully acquired all the industries under Sony Entertainment, took over Sony Records. Michael Jackson will also create great value.

risk...benefits...

The greater the risk, the greater the benefit. It is difficult to choose!

Dunn said indifferently: "Adventure? I'm not afraid. I told you a long time ago that I am his fan. I am willing to take risks for him and pay for him."

A smile appeared on Steve Burke's face.

Laughing is worse than crying!

It's hard to choose this one!

Give the opportunity to Dunn?

If Michael Jackson was really imprisoned permanently, it would be fine. Dunn would take the risk, and NBC could successfully take on the Sony Entertainment industry with Dunn's help. At most, it is to lose the operation rights of Michael Jackson's companies. Anyway, there is not much interest.

If a miracle did happen, Michael Jackson was acquitted. Then Steve Burke cried, and letting Michael Jackson go would be the biggest failure in his career.

"Dawn, this matter... I have to think about it." Steve Burke pondered for a long time and said slowly.

Tang En said with a smile: "The risk is proportional to the benefit. If you really wait until the court session, or even when the judge wants to make a guilty sentence...even if you want me to take over, I won't agree."

"I know!"

Steve Burke looked solemn.

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