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Massive debt, stress, massive heart attack: Michael Jackson, King of Pop. This is IT: lasting legacy. Massive loss


By WcP.Poetic.Thought - Posted on 27 June 2009

Michael Jackson - the King of Pop; inset - Remember the Time

(quote)

His music is a lasting legacy. As a songwriter, singer and dancer, Michael Jackson was an undoubted genius and the most important pop-music figure since Elvis Presley as well as being related to him, marrying Elvis Presley’s daughter Lisa Marie in 1964. Michael Jackson has two lovely children: daughter Paris and son Prince with ex-wife Debbie Rowe. Most of Michael Jackson's closest friends had also been child stars, one of them is actress Elizabeth Taylor who said "I loved Michael with all my soul...I don't think anyone knew how much we loved each other - the purest most giving love I've ever known."

Guinness World Records artist announce his comeback with an extraordinary concert on O2 arena in London, UK. The last time Michael Jackson performed in UK was in 2006 at the World Music Awards

Michael Jackson portrait

MICHAEL JACKSON

Michael Joseph Jackson (born August 29, 1958) is an American musician and entertainer whose successful music career and controversial personal life have been at the forefront of pop culture for the last quarter-century. His music is a lasting legacy. Jackson began his musical career at the age of seven as the lead singer of The Jackson 5 and released his first solo recording, Got to Be There in 1971, while remaining a member of the group. He began a full-fledged solo career in 1979 and formally parted with his siblings in 1984. In his solo career, Jackson recorded and co-produced the best-selling album of all time, Thriller, which was named as the world's best-selling album at the 2006 World Music Awards. It has worldwide sales exceeding that of 104 million. Michael Jackson has received thirteen Grammy awards and charted thirteen number-one singles in the United States.

Left: Michael Jackson as Casanova; Right: Cover to Michael Jackson's 1971's - Got to Be There

Left: Priscilla, Lisa Marie, and Elvis Presley; Right: Lisa Marie goes from being daughter of a 'King', to marrying the 'King of Pop'

This is It: Massive headache for Jackson promoters

Experts familiar with Jackson's horrendous financial situation said the singer was counting on the tour to help pull him out of a reported $400 million in debt. Attorney Jerry Reisman, who represented the Hit Factory in New York when Jackson recorded there, said Jackson desperately needed the tour revenues. "He had substantial debt to creditors throughout the world, and he hoped to use the tour to repay them and create a cash flow for himself," Reisman said. "He had a very high standard of living. He lived like a prince, like royalty, traveling by private jets with a huge entourage. His debt was tremendous, exorbitant." This financial pressure led Jackson to agree to 50 shows, a demanding schedule even for a younger, more fit performer. Reisman said the promoters may try to recoup money already paid to Jackson in order to refund money to customers. Joey Scoleri, a promoter with the North American music division of Live Nation, said Jackson's death had created complex legal and logistical problems for the promoters.

Michael Jackson is a performance name for the person Michael Joseph Jackson

Left: Cover of Blood on the Dance Floor: HIStory in the Mix; Right: Michael Jackson's Bad, the album

Jackson surrenders control of Beatles songs to beat bankruptcy

Jackson bought the Beatles songbook from under the nose of Sir Paul McCartney in 1985 — only two years after the men had released a duet called Say Say Say. The deal ended their friendship, with Sir Paul complaining that he had to pay to perform his own music in America. Sir Paul recently claimed that he had no interest in buying the songs back, "…I do get some cash from the publishing already. And in a few years more of the rights will be automatically reverting to me…The only annoying thing is, when I tour America, I have to pay to play some of my own songs. But I don’t think about that. Because if I did, it would be just too annoying."

Singer Michael Jackson and actress Elizabeth Taylor

Left: Michael Jackson and The Jackson 5 in concert on August 26 1973 at the Forum in Inglewood, California; Right: Michael Jackson performs during the halftime show at the Super Bowl XXVII in Pasadena, Calif. Jackson has died in Los Angeles at age 50 on Thursday, June 25, 2009

Michael Jackson Records and CDs:
Another Part Of Me
Bad
Beat It
Ben
Billie Jean
Black Or White
Blood On The Dance Floor
Dangerous
Dirty Diana
Earth Song
Farewell My Summer Love
Heal The World
History
I Just Can't Stop Loving You
In The Closet
Leave Me Alone
Off The Wall
One Day In Your Life
Remember The Time
Scream
Smooth Criminal
Stranger In Moscow
The Way You Make Me Feel
They Don't Care About Us
Thriller
You Are Not Alone

Left: Parenthood: Michael with Debbie Rowe - the mother of his first two children - shortly after their wedding in 1996; Right: Despite being constantly surrounded by a media circus, Michael Jackson managed -- for the most part -- to keep his children out of the spotlight. Here, though, we get a rare glimpse of daughter, Paris Michael, 11, and son, Prince Michael I, 12, together less than a month before Jackson's June 25, 2009 death

(unquote)

Photos courtesy of standard.net.au, musicstack.com, jabulela.com, solarnavigator.net, starpulse.com, elvispresleymusic.com.au, BBC News, Time, MSN, Vince Bucci / AFP / Getty images, Rusty Kennedy / AP Photo, Michael Ochs Archive / Getty Images

Original Source: MICHAEL JACKSON, Chron.com, Times Online

Image Gallery: Michael Jackson, year-by-year and All Michael Jackson Pictures (500)

I think many record labels wish they had been the ones to sign Michael Jackson, who was truly a legend despite all his personal problems and financial issues. His music stood out from the rest and in some ways bonded the world.

Thanks for the great article. It was a fitting tribute to Michael Jackson. He was the biggest pop star in the history of music, and always will be. I have always been a fan of Michael Jackson and his death was a huge shock to me. If only people would overlook his bad publicity and focus on the genius of his music.

Even after all this time, his music still lives on and his legacy to the world of music is still being counted. I think the strength of his music will undoubtedly leave him standing with the greats for many many decades and his rise to the top in popular music culture will be measured by his foray in music videos and the phenomenon it brought along with it.

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