THE ties between Michael Jackson’s family members are being ripped to shreds by a vicious $600 million feud over the last pieces of the King of Pop’s music catalog!
On one side are Jacko’s 93-year-old mother, Katherine, daughter, Paris, and youngest son, Bigi, who want to retain the rights to all of Michael’s hitmaking music. They are pitted against his oldest child, Prince, and the executors of the Jackson estate, who are trying to ramrod through a deal to sell half of the rights to Sony Music.
Katherine and Paris claim the sale would go against Michael’s wishes and wipe out the family safety net, but Prince insists it’s simply good business.
And sources tell GLOBE they’re at each other’s throats in a legal free-for-all!
“Ever since Michael died from a drug overdose in 2009 there have been intra-family feuds over his estate,” reveals an insider. “But Jackson family members have also been sparring with the executors John Branca and John McClain. They believe the two are selfishly executing cash grabs to claim their 10 percent cut.”
Branca, an entertainment lawyer who’d helped guide MJ’s career since 1980, and McClain, a record executive and childhood friend of Michael, boast of erasing the estate’s $500 million deficit at the time Jackson died and creating a financial empire now worth more than $2 billion.
Denne historien er fra April 01, 2024-utgaven av Globe US.
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Denne historien er fra April 01, 2024-utgaven av Globe US.
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