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Originally Posted by SuzeQuze
I don't see how Jackson can make $200 million to cover this unless he starts selling stuff. I would love to see this catalog in the hands of McCartney where it belongs.
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Jacko will never make that much performing - that part of his career is over and has been for at least a decade. But, he clearly can make money off of his assets even without selling them. Jacko is far from impoverished and he lives on a level, even he, most cannot grasp. I mean his expenses are hundreds of thousands a month and Neverland on its own is equivilent to a small corporation.
Fortunately for Jacko, it is widely rumored Sony would likely pay Jacko around half a billion for the rights so Sony, which must by contract frist offered the sale of Jacko's stake in the songs before Jacko can sell them to anyone else, would have control over most of it. He would be a fool not to sell it for that and clear $230 million, which at 5% and after taxes should get him around $10 million a year in interest income and not touching the capital, which, frankly, he could not live on if he continues to live the way he lives now.