Saturday, December 25, 2010

Merry Christmas from Michael Jackson

"Michael" is the first full album in a seven-year deal between the Jackson estate and Sony Music, reportedly worth $250 million.

AFM negotiated with Sony Music for MPTF contributions once the albums were produced and sold. The first album is now for sale. Sales volume will determine the size of payments to the MPTF. These sums may allow the MPTF to keep the doors open until the trustee and this administration get their act together concerning finances.

Let's hope that the MPTF does not fold before the first check arrives.