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    INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

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    INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 8:27 am



    http://www.alacrastore.com/storecontent ... 2092335020

    Colony Capital were inquiring about buying Sony/ATV 1 month after Michael died.

    Colony Capital being a part of the Sycamore Valley Ranch Co. LLC which owns Neverland.

    http://www.usatoday.com/life/music/2008 ... 2169_x.htm

    Sycamore Valley Ranch Co. is a joint venture between Jackson and an affiliate of Colony Capital LLC, according to a person with knowledge of the transaction who was not authorized to speak on the record and requested anonymity.



    more articles about Colony Capital

    http://www.originalprop.com/blog/2009/0 ... -property/


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 8:28 am

    This is very interesting considering some of the tarot.


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  Artisticflare on Sat May 15, 2010 8:35 am

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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 9:26 am

    You may find this is good news. jocolor


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  mjapyt2009 on Sat May 15, 2010 9:31 am

    The man is in control. Basketball
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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 9:32 am

    Mr Haim Saban is a television producer if this is the right one He is named in the document I printed in the first post. He sounds very interesting.

    http://en.wikipedia.org/wiki/Haim_Saban

    and

    http://en.wikipedia.org/wiki/Saban_Entertainment

    Saban Entertainment was formed in 1988 as "Saban Productions". Several years later, the company also established "Saban International" (now Disney-ABC International Television), for international distribution of its shows (note: though used interchangeably with "Saban International Paris", they were technically two different entities). Finally, in the early 1990s the company renamed itself "Saban Entertainment"

    Through a merger with Fox Children's Productions in 1995, Fox Kids was born (with "Fox Kids Worldwide" as the holding company),[2] although the Fox Kids block had actually been promoting itself officially as "Fox Kids" since 1993; prior to that, they were just simply the "Fox Kids Network", and all shows at that time had been promoted as airing "on Fox"

    Interesting on that link are the film credits. Spiderman and Marvel characters.

    http://en.wikipedia.org/wiki/Saban_Entertainment

    http://blogs.ft.com/gapperblog/2010/05/haim-sabans-talent-for-making-money/

    http://www.saban.com/


    Last edited by EMPATHY on Sat May 15, 2010 9:36 am; edited 1 time in total


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 9:34 am

    Haim Saban is named besides LLC as the acquirers of the Sony/ATV publishing company according to the first post in this thread.

    Looking at this information here

    Sycamore Valley Ranch Co. is a joint venture between Jackson and an affiliate of Colony Capital LLC, according to a person with knowledge of the transaction who was not authorized to speak on the record and requested anonymity.

    Does,nt it seem to you that Michael is linked into this somehow?


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 9:41 am

    http://www.forbes.com/lists/2005/54/SG68.html

    Mr Saban is a very wealthy man and he is self made. So it looks like he is one of the 'acquirers'.

    A little more background.

    http://www.newyorker.com/reporting/2010/05/10/100510fa_fact_bruck

    He is a good friend of Bill Clinton.

    y far his most important relationship is with Bill and Hillary Clinton. In 2002, Saban donated five million dollars to Bill Clinton’s Presidential library, and he has given more than five million dollars to the Clinton Foundation.


    Last edited by EMPATHY on Sat May 15, 2010 9:47 am; edited 1 time in total


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  Artisticflare on Sat May 15, 2010 9:44 am

    EMPATHY wrote:You may find this is good news. jocolor

    Yes i do!
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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 9:49 am





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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 9:58 am

    It is not clear actually whether the SONY/ATV publishing has been acquired. Because report below suggests that there were INTERESTED investors as per the information on the first post. And, if you read that again it says they were PLANNING to acquire so Im not sure if the first post information is an actuality at the moment as the first article and this below are BOTH dated 20 JULY so not sure unless something else shows up that is more recent?

    http://dealbook.blogs.nytimes.com/2009/07/20/jackson-assets-draw-the-gaze-of-wall-street/


    Private Equity
    Jackson Assets Draw the Gaze of Wall Street
    July 20, 2009, 9:30 am
    Jackson

    As the world sorts through the pieces of Michael Jackson’s life one month after his death, so, too, does Wall Street.

    A handful of major financial firms have made inquiries into buying the Jackson estate’s 50 percent share of Sony/ATV Music Publishing, the company that controls most of the Beatles song catalog, The New York Times’s Andrew Ross Sorkin and Michael J. de la Merced reported, citing people briefed on the matter.

    Among them are Colony Capital, Kohlberg Kravis Roberts, Plainfield Asset Management and the media mogul Haim Saban, these people told The Times.

    Sony/ATV is by far the most valuable asset in Mr. Jackson’s estate, and his 50 percent stake could be worth as much as $500 million. Mr. Jackson bought the majority of the Beatles catalog in 1985 for $47.5 million, after an informal chat with Paul McCartney about the wisdom of buying song catalogs.

    Since then, Sony/ATV — formed from a 1995 partnership with Sony — has bought up the rights to thousands of songs from artists, including Bob Dylan, Joni Mitchell, Beck and Taylor Swift. In recent years, it made a big push into TV production, helping to balance out its radio business.

    “Sony/ATV’s really started to gain greater value in recent years,” Barry Massarsky, a music industry consultant who has done work for Sony/ATV and its rivals, told The Times. “I’m very bullish on its prospects.”

    The Times said that John G. Branca, the entertainment lawyer who structured Mr. Jackson’s initial purchase of the Beatles catalog and is now one of two executors of his estate, declined to comment by e-mail on Sunday, saying only that the Jackson stake in Sony/ATV “is not for sale.”

    Mr. Branca and John McClain, a music executive, will make decisions about the estate, pending confirmation at an Aug. 3 court hearing in Los Angeles.

    Still, that has not stopped financiers from approaching Jackson family members and Sony, The Times said, citing people briefed on the discussions. Some of these firms already have a connection to the Jackson family.

    Colony, for instance, is a co-owner of the Neverland ranch, Mr. Jackson’s former home. The firm’s chairman and chief executive, Thomas J. Barrack Jr., has contacted representatives of the family, these people said. Plainfield, which lent money to Mijac, an entity that owns Mr. Jackson’s songs as well as those of the likes of Sly and the Family Stone, has also contacted the family, these people said. (Mijac has an estimated worth of $50 million to $100 million and is likely to grow with the pickup in album sales since his death.)

    Mr. Jackson nearly lost his stake in Sony/ATV — and his family’s fortune — in 2006. He was days away from filing for bankruptcy when Howard Stringer, the chief executive of Sony, dispatched his chief financial officer, Robert Wiesenthal, to Dubai to broker a last-minute lifeline for Mr. Jackson. Mr. Jackson was living in the emirate at the time and quickly spending cash.

    “His finances were in complete shambles,” Duross O’Bryan, a forensic accountant at the consulting firm AlixPartners who served as an expert witness at Mr. Jackson’s 2005 child molestation trial, told The Times. “There were serious issues with regards to his ability to meet debt when it comes due.”

    The deal, negotiated in Mr. Jackson’s suite at the Burj al Arab hotel, saved the singer from bankruptcy. In return, Sony took greater operational control of Sony/ATV and received an option to buy half of Mr. Jackson’s share.

    Despite earning hundreds of millions of dollars over his lifetime, Mr. Jackson was well known for having a mountain of debt, born of expensive indulgences like the sprawling Neverland estate, costly music and tour productions and art and antiques buying sprees. The estate still carries $400 million to $500 million in debt. Barclays holds about $300 million of debt against the Jackson estate’s stake in Sony/ATV.

    It remains possible that Sony could seek to use its option, leaving the Jackson family with a 25 percent stake in the business. Some of the private equity firms have proposed teaming with Sony to buy the remaining stake from the family, The Times reported.

    A spokeswoman for Sony told The Times that the company was not interested in selling its stake. Representatives for Colony, K.K.R. and Mr. Saban declined to comment, while a representative for Plainfield could not be reached for comment, the newspaper said.

    Speculation about the Jackson stake in Sony/ATV swirled at the Allen & Company retreat for media moguls in Sun Valley this month. Several attendees said Mr. Stringer had fielded inquiries into the possibility over dinner. Mr. Saban made an informal inquiry then, these people told The Times.

    The stake is likely to continue to grow in value, and some members of the Jackson family have pondered the merits of selling. Still others have proposed eventually cobbling together a consortium to buy out Sony’s share in the publisher.


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sat May 15, 2010 10:17 am

    Mind you - I did pick up this comment below on another forum. I also saw 'no problems' with Branca in the tarot if you recall.




    it is doubtful that the executors will have to sell atv. money is pouring into the estate because of mj's record sales. according to another article, his masters revert back to him in 2012 so his estate will soon be reaping the bulk of the profit. in the same article, they mentioned that branca could negotiate a good deal for distribution of any future releases, which would definitely sell through the roof. $50 million dollars are already on the table to distributre the concert rehearsal footage. and now that he's gone, there is no more entourage, security, etc. - at least not to the degree that mj felt he needed it, so there will not be as much money going out. whatever the repayment terms of his loan, mj seemed to be current on it so there is no reason to believe that the executors won't continue to honor that obligation.


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  seeking on Sun May 16, 2010 1:39 am

    EMPATHY wrote:It is not clear actually whether the SONY/ATV publishing has been acquired. Because report below suggests that there were INTERESTED investors as per the information on the first post. And, if you read that again it says they were PLANNING to acquire so Im not sure if the first post information is an actuality at the moment as the first article and this below are BOTH dated 20 JULY so not sure unless something else shows up that is more recent?

    http://dealbook.blogs.nytimes.com/2009/07/20/jackson-assets-draw-the-gaze-of-wall-street/


    Private Equity
    Jackson Assets Draw the Gaze of Wall Street
    July 20, 2009, 9:30 am
    Jackson


    The Times said that John G. Branca, the entertainment lawyer who structured Mr. Jackson’s initial purchase of the Beatles catalog and is now one of two executors of his estate, declined to comment by e-mail on Sunday, saying only that the Jackson stake in Sony/ATV “is not for sale.”


    they were interested, but as always, Mr Branca says ^^^^^^^^

    we can all breathe again
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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sun May 16, 2010 9:30 am

    Haim Saban a world media mogul 78th richest american Israeli Jew and very very pro israeli has tried to buy MIchael Jackson, stake in the Sony/Atv catelogue. This guy also owns the german channel 7 of which Uri Geller is a star of.

    Uri Geller also has some connections to secret service CIA and Mossad



    http://en.wikipedia.org/wiki/Haim_Saban

    http://en.wikipedia.org/wiki/Saban_Entertainment

    http://www.musicweek.com/story.asp?s...&sectioncode=1


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  EMPATHY on Sun May 16, 2010 9:35 am

    http://www.davidicke.com/forum/showthread.php?t=78970&page=7

    Theres a lot of interesting information on this thread but it is peoples opinions and thats all it can be taken as.


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    Re: INVESTOR GROUP ACQUIRES SONY/ATV MUSIC PUBLISHING FROM SONY.

    Post  butterfly on Sun May 16, 2010 6:39 pm

    Something tells me that Michael finally has the upper hand. king

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