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Gildermershina wrote:Aj wrote:Lepelbos wrote:Still sad of his death, but i read somewhere that the moment MJ passed away he had 500 million dollar in debt. The financiel damage for AEL Live who organised the 50 concerts in Londen will be 350 million euro's. Unbelievable I heard that, its fucking stupid. Plus, i was wondering, where does all his money go now? I mean all the money hes making off his records. I doubt very much he got that much out of album royalties. Managers, producers and labels have ways of screwing people out of all that stuff. The money was sponsorship, ad deals, record company money that dries up as soon as they drop you. It's a cutthroat industry. What happens to his debts? |
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You have been a member since:: 11/02/2009(UTC) Posts: 1,414 Location: Connecticut, USA Was thanked: 1 time(s) in 1 post(s)
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Aj wrote:Gildermershina wrote:Aj wrote:Lepelbos wrote:Still sad of his death, but i read somewhere that the moment MJ passed away he had 500 million dollar in debt. The financiel damage for AEL Live who organised the 50 concerts in Londen will be 350 million euro's. Unbelievable I heard that, its fucking stupid. Plus, i was wondering, where does all his money go now? I mean all the money hes making off his records. I doubt very much he got that much out of album royalties. Managers, producers and labels have ways of screwing people out of all that stuff. The money was sponsorship, ad deals, record company money that dries up as soon as they drop you. It's a cutthroat industry. What happens to his debts? I would think any royalties would go to paying off his debts, and then after that they would go into a trust fund for his children. |
GirlSpice wrote:Oh well.. she sits outside then. LOL! |
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blueleh wrote:++__++ wrote:He would've still lived if it weren't for all those operations. You Serious? He's right. All those medical drugs, facial reconstruction, changing skin colour, everyone knew it was going to happen. The question was when. |
Artists Signed To Chimp Records: Moonwalkers Raven Meta Lycant Delirium Eclipse MC Donalds |
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His death is making him sell more. I went to this "mall" (90% of everything there is pirated) and ALL CDs/DVDs stores had MJ's DVDs and albums either playing or highlighted. |
I own:
Andrew Guinnard (Post-punk/acoustic) Lucy Tankeray (Pop diva/weird) |
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Raphaela wrote:His death is making him sell more. I went to this "mall" (90% of everything there is pirated) and ALL CDs/DVDs stores had MJ's DVDs and albums either playing or highlighted. Well yeah, he died. Now, they are going to release tons of collections and greatest hits albums. Also posthumous studio album. |
Artists Signed To Chimp Records: Moonwalkers Raven Meta Lycant Delirium Eclipse MC Donalds |
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Chimp Records wrote:Raphaela wrote:His death is making him sell more. I went to this "mall" (90% of everything there is pirated) and ALL CDs/DVDs stores had MJ's DVDs and albums either playing or highlighted. Well yeah, he died. Now, they are going to release tons of collections and greatest hits albums. Also posthumous studio album. Sad but very true. |
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Joined: 22/03/2009(UTC) Posts: 1,196 Location: Den Haag
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xNightsidex wrote:Chimp Records wrote:Raphaela wrote:His death is making him sell more. I went to this "mall" (90% of everything there is pirated) and ALL CDs/DVDs stores had MJ's DVDs and albums either playing or highlighted. Well yeah, he died. Now, they are going to release tons of collections and greatest hits albums. Also posthumous studio album. Sad but very true. That is how it always work. |
B O S L E P E L R E C O R D S NEW ALBUMS |
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Read in the paper yesterday that he's recorded 5 new songs all in advanced stages on production, and they're enlisting friends and relatives to assist in finishing them off for release. |
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