Forum Views ()
Forum Replies ()
Read more with google mobile :
Jackson had long history with estate executor
Yahoo!
My Yahoo!
Mail
Yahoo! Search
Search:
Sign InNew User? Sign Up
News Home -
Help
Navigation
Primary Navigation
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Top Stories
Most Popular
Secondary Navigation
Asia Pacific
World
Search
Search:
Jackson had long history with estate executor
By LINDA DEUTSCH,AP Special Correspondent AP - Saturday, August 15
LOS ANGELES - A week after Michael Jackson died, his longtime lawyer and friend, John Branca, was summoned to meet with the singer's family. He carried the pop star's will, and with it, an answer to their eagerly awaited question:
ADVERTISEMENT
Who was to benefit from the King of Pop's estate?
"It was very difficult," Branca recalled. "There were a lot of family members there, his sisters and most of the brothers and his mother, Katherine."
He told them three things. Katherine would be guardian of Michael's three children and receive 40 percent of the estate in trust. The children would also receive 40 percent. The remaining 20 percent would go to unspecified charities to benefit children.
Their reaction would seem to bode well for the days to come.
"Actually, they applauded three times when they were told who got the property," Branca said. "They were thrilled."
It is one reason why Branca, one of two special administrators named in that same will, says he's surprised by the opposition that followed from lawyers representing Mrs. Jackson.
Her legal team has asserted that she should be given "a seat at the table" in executing deals for the estate. They've also been considering a formal challenge to the status of the special administrators, suggesting that conflict of interests and other factors may compromise the qualifications of Branca and co-executor John McClain.
Neither man is unknown to the Jackson family. During more than 20 years as the pop superstar's lawyer, Branca, 58, was a principal architect of Jackson's financial empire, having brokered the deal for the Beatles catalog of records; obtained the rights to master recordings of Jackson's own songs; and negotiated the purchase of Jackson's Neverland estate.
McClain, a childhood friend of Jackson's, crafted a major recording career for Michael's sister Janet, and is a successful record company executive.
Branca plays down any conflict with the Jackson family.
"Everything is going to be fine," he said calmly during a wide-ranging interview with The Associated Press.
Branca and McClain have already won court approval for a deal that will bring the estate $60 million from a movie made of footage shot during rehearsals for the concerts Jackson was to have performed in London. A coffee-table book also was approved. But two multimillion-dollar projects, including a deal to market Jackson merchandise, have been stalled because of objections from Mrs. Jackson's camp.
"We're approaching the $100 million mark if those two deals in front of the court are approved," said Branca. "That's pretty remarkable _ in six weeks as executors, to have brought $100 million into the estate."
A wunderkind of entertainment law when he met a young Michael Jackson in 1980, Branca is now regarded as one of the three top entertainment lawyers in the country, a man who's made millions for the Beach Boys, The Doors, Aerosmith, the Rolling Stones and countless other top rock acts. He represents 28 members of the Rock and Roll Hall of Fame.
"I've been very fortunate," Branca said. "Growing up, I had five idols and I wound up representing all of them. Elvis was No. 1. Then the Beach Boys, the Rolling Stones, the Doors and Michael and the Jackson 5."
In high school he played keyboard, wrote music and formed a rock band, but music wasn't his only passion: His uncle was famed Brooklyn Dodgers pitcher Ralph Branca, who made baseball history when he served up what became known as the "shot heard 'round the world," Bobby Thomson's home run that cost the Dodgers the 1951 National League pennant.
Branca's father, who encouraged his interest in baseball-card collecting, became the New York State athletic commissioner. At one point Branca had one of the world's most formidable baseball card collections, with major prized pieces including Babe Ruth, Lou Gehrig, Ted Williams, Joe DiMaggio and of course his uncle Ralph, who he's proud to say was one of two white pallbearers at Jackie Robinson's funeral (the other being Pee Wee Reese).
Branca spent his early years in Mount Vernon, N.Y., but later moved to Los Angeles with his mother, actress Barbara Werle who, coincidentally, had a role in the Presley movie "Charo." At Los Angeles City College he first majored in music, but quickly realized he wasn't good enough for the major leagues of rock.
He pursued law instead, seeking a music-related vein soon after graduating from UCLA School of Law. He started by setting up tours for Bob Dylan, George Harrison and Neil Diamond.
"I was in heaven," he recalled. "And then I got the Beach Boys and started my own thing."
He represented the Presley estate for a time, but in 1980 his world changed when an intermediary asked him to meet with Michael Jackson.
"Michael was either 21 or about to turn 21 when I met him and he had never had his own (legal) team," he said. "'Off The Wall' had come out and it was a big hit."
They bonded immediately.
"He said, 'Do I know you?' It was one of those things you have in life where you feel so comfortable with a person you actually feel you do know them. The conversation is easy and the connection is effortless."
He met Jackson's parents briefly, and remembers Mrs. Jackson saying, "Michael, I don't know if he's old enough to be a lawyer."
They were both in their 20s and about to make rock 'n' roll history.
Branca shepherded Jackson through the phenomenal success of the "Thriller" album in 1982 and negotiated the groundbreaking "Thriller" video _ as well as a video about the making of the video. And contrary to other versions of the story, he said it was Michael's idea to buy the Beatles catalog after Paul McCartney told Jackson he was investing in buying copyrights to famous songs.
"Michael called me up and he said, 'Branca, I want to buy copyrights.' I said, 'Great.'" He bought copyrights to such songs as "Runaround Sue" and "The Wanderer," and the work of Sly and the Family Stone.
"And then came the mother lode," said Branca. "I found out ATV was for sale and I told Michael. He asked what that was. I said, 'You're not going to believe it: 250 Beatles songs, the Little Richard catalog.' He started screaming on the phone. I actually have a great note he wrote me. It said: 'Branca, the catalog is mine. Don't lose it by over-negotiating.' I framed that note."
Before bidding, he said he checked with Lennon's widow Yoko Ono and McCartney's lawyer and brother-in-law John Eastman to see if they were interested. They were not. It took a year of bidding against others _ including British industrialist Richard Branson _ before he closed the deal. In 1995, he merged it with Sony to create one of the largest such collections in the world.
In earlier years, Branca also helped Jackson obtain the rights to his recording masters and brokered the purchase of Neverland Ranch, originally offered for $60 million, for a final price of $17.5 million, including all furnishings.
Those deals helped transform Jackson from a rich pop star into a man of extraordinary wealth, and turned Branca's career in the direction of buying and selling music assets. (He recently negotiated the sale of the Rodgers and Hammerstein catalog for $200 million.)
But life with Michael was not all about money, Branca says. At first they were friends, traveling to Disney World together, socializing at Branca's home. Jackson was the best man at Branca's first wedding, bringing with him his pet chimp Bubbles, who was clad in a tiny tuxedo. Little Richard was the minister.
"His personality," Branca says when recalling the young pop superstar, "was just infectious."
In 1990, Jackson tearfully told Branca he wanted to try different representation; though Branca wouldn't confirm it, it's been widely reported that Hollywood mogul and record company executive David Geffen advised Jackson that Branca's influence in his affairs had grown too large. They remained apart for three years, while Branca moved on to other artists.
Branca returned in 1993, at a time when Jackson was being sued in a child molestation case he ultimately settled. But the relationship was different.
"Later on in his career he really had a line between his business and personal life," said Branca. "As people get older, that's not uncommon."
Branca's connections to Elvis would extend to Jackson when he introduced Michael to the King's daughter, Lisa Marie Presley. Branca treasures a portrait of the two after their marriage, which is inscribed in Michael's hand signed by the couple. It reads: "John: To the greatest lawyer of our time."
In 1997 a will was drafted for Jackson _ but not, Branca says, by him. Instead, he said he assigned it to a member of his firm who specialized in wills and trusts. It was redone in 2002 because one of Jackson's children had not been born at the time of the first.
Branca said he played no role in advising Jackson on it, but knew the singer did not want a family member in control of his estate. Jackson also felt he did not have to take care of his brothers and sisters, Branca said.
By 2006, Branca says, his relationship with Jackson was troubled once again. The star was listening to an increasingly odd set of advisers _ a revolving door of characters who Branca feared did not have the singer's best interests at heart.
"He was surrounded and I had to resign," he said. "He did not ask me to stay. I resigned amicably."
And then, a little more than a month before Jackson died, the call came from Jackson's former manager, Frank Delio.
"Michael wants you to come back," Delio told him. "He wants you to give some thought to what you can do for him, what kind of deals."
Branca drafted an agenda and met with Jackson on June 17 at the Forum in Los Angeles, where the King of Pop was rehearsing for his big comeback.
"I hadn't seen him in several years," Branca said. "We hugged each other. He said, 'John, you're back.' It was very emotional. I showed him the agenda."
It was what Jackson wanted, Branca said _ including a concert movie, books and merchandising deals.
"That agenda is exactly what John McClain and I are doing now," Branca said, "for the estate."
Email Story
IM Story
Printable View
Blog This
Sign in to recommend this article »
0 users recommend
Related Articles: Entertainment & Lifestyle
'Hoggish': the Wall St Journal's take on WoodstockAFP - 2 hours 13 minutes ago
"Bandslam" star Aly Michalka sees teen years fadingReuters - 2 hours 30 minutes ago
Polish village prays for Madonna to visitReuters - Saturday, August 15
Aerosmith cancels troubled tour after Tyler injuryReuters - Saturday, August 15
New Orleans rapper sentenced to life in prisonAP - 2 hours 7 minutes ago
Most Popular – Entertainment
Viewed
Burglars steal $15m from Saudi princess
Millions of salmon fail to turn up in Canada
US study uncovers powerful anti-cancer compound
Sweden's Princess Madeleine to marry: palace
Rare flowering of Chinese tree in Belgium
View Complete List »
Search:
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Top Stories
Most Popular
Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Privacy Policy
- Terms of Service
- Community
- Intellectual Property Rights Policy
- Help
Other News on Saturday, 15 August 2009 Vote leaders take campaigns across Afghanistan
Merkel, Medvedev tout 'strategic' economic cooperation
U.S. business welcomes Obama export control review
US industrial output rebounds, consumer prices flat
Spain's economy shrinks, bucking eurozone trend
Hundreds mourn Kennedy sister at funeral
Russia says Cape Verde ship sighting untrue
| International
|
World faces growing health inequalities: WHO
US consumer inflation in steepest drop since 1950
Thirteen killed in Hamas, pro-al Qaeda group clashes
| International
|
World's oldest schoolboy dies aged 90 in Kenya
| International
|
Google users search more, very loyal: comScore
| Technology
|
Taiwan's president criticized for typhoon response
Suicide attack kills 1 Afghan soldier in the south
Taiwan flood death toll could top 500: president
Court: Mich. prison OK to stop man's kosher meals
Afghan election an early test of Obama's war plan
Lead poisoning sickens 600 kids in China
Shriver laid to rest; Sen. Kennedy misses funeral
China cracks down on drunken driving after outcry
Obama takes healthcare plan to conservative West
5 who killed niece in exorcism avoid jail in NZ
18 years later: 1st Gulf War casualty laid to rest
China Merchants Bank plans $2.6 bln rights issue
Oops! Crew tears out remnants of old NY river fort
3 bombs in Baluchistan kill 1, wound 18
Maine town wins fight to save its curbside mailbox
Mourners gather in Pa. for 3 dead in plane crash
Taiwan president says typhoon has killed about 500
Athiest bus ads create free speech debate in Iowa
China objects to Philippine oil project
Polish village prays for Madonna to visit
| Entertainment
|
Aerosmith cancels troubled tour after Tyler injury
| Entertainment
|
Time Traveler looks to cash in on popular book
| Entertainment
|
Bandslam star Aly Michalka sees teen years fading
| Entertainment
|
Aerosmith cancels troubled tour after Tyler injury
New Orleans rapper sentenced to life in prison
Jackson had long history with estate executor
Arrest warrant issued in Mass. for Bobby Brown
Revered guitar player-inventor Les Paul dead at 94
US videogame sales sink for fifth consecutive month: NPD
Reality TV villain Omarosa entering a seminary
Blast rocks Afghan capital
Cargo ship that vanished spotted off Cape Verde islands
Taliban claim blast in Afghan capital
| International
|
Google users loyal: comScore
Mud-slinging on Afghan vote trail
US building tech tools to foil online censors
No normal ties with Ukraine under current leaders: Medvedev
Taiwan seeks foreign aid after typhoon catastrophe
| International
|
Gaza clashes between Hamas, Islamist radicals kill 13
Merkel, Medvedev tout 'strategic' economic cooperation
Iraqi journalists protest government pressure
Iran elections-Jackson death videos spur online viewing
Nineteen killed in Mexico prison riot
| International
|
BetOnSports founder pleads guilty in U.S. court
Google users search more, very loyal: comScore
Three killed in suicide blast in Pakistan's Swat
| International
|
Britain suspends Turks and Caicos government
| International
|
Let them eat cake at Gulag city birthday party
| International
|
South Korea's Lee seeks arms cut deal with North
| International
|
Colonial BancGroup, 4 other banks shut down
SKorea's Lee renews aid offer to NKorea
Palace assault trial ends in acquittals
Pakistan lifts tribal area political activity ban
Grad student imprisoned in Iran returns to US
Car bomb explodes at NATO headquarters in Kabul
Controller bantering on phone before crash
Taiwan seeks foreign aid after typhoon catastrophe
Suspect in Calif. toll plaza killings in court
Huge blast at NATO headquarters rocks Kabul
Leaked Radiohead song has fans on alert for new EP
| Technology
|
Huge blast rocks Afghan capital
US Senator Webb to meet Myanmar's junta leader
BetOnSports founder pleads guilty in U.S. court
| Technology
|
Police clash with steel workers in China: report
U2's Bono pays tribute to Eunice Kennedy Shriver
South Korea's Lee seeks arms cut deal with North
US military deaths in Afghanistan region at 707
Event on Abu Ghraib soldier canceled over threats
NY police interview husband of wrong-way driver
Japan voices remorse for WWII, ex-premiers visit shrine
Kate Winslet goes from Oscar win to TV series
Hollywood sees win in China WTO case as first step
Pakistani c.bank buys 31.6 bln rupees of govt paper
Summary: WTO rules on China, but piracy persists
Malaysia 'well-positioned' to weather global crisis: IMF
Hilary Duff brings her charity work to Colombia
Aerosmith cuts short US tour due to Tyler's injury
US-ENTERTAINMENT Summary
Miami rapper Pitbull ready for "Rebelution"
Police respond to Jon & Kate's house for argument
MC Hammer plans companion piece for 1990 hit album
Seinfeld to be first guest on new Jay Leno show
| Entertainment
|
Juanes gets heat for playing peace concert in Cuba
40 years later, Woodstock a thriving business
| Entertainment
|
Leaked Radiohead song has fans on alert for new EP
| Entertainment
|
Arrest warrant issued for Bobby Brown
Arrest warrant issued for Bobby Brown
| Entertainment
|
Investor alleges she was Madoff's 20-year mistress
Kelly Clarkson and LeBron James in "get schooled"
Kelly Clarkson and LeBron James in get schooled
| Entertainment
|
MC Hammer plans companion piece for 1990 hit album
| Entertainment
|
Hollywood sees win in China WTO case as first step
| Entertainment
|
Miami rapper Pitbull ready for Rebelution
| Entertainment
|
U.S. senator meets Suu Kyi, Myanmar junta leader
| International
|
Islamist leader among 22 killed in Gaza fighting
Pre-vote bomb at Kabul NATO base kills seven Afghans
Hamas hits Qaeda allies in Gaza, over 20 dead
| International
|
Iran detainees tortured, beaten to death: Karroubi
Islamist leader among 24 killed in Gaza fighting
Blast at NATO base in Kabul, three dead: official
Ransom demand: lost ship has shades of le Carre
| International
|
Chavez visits Fidel Castro for 83rd birthday
| International
|
Iran's leader appoints new judiciary chief: report
| International
|
South Korea's Lee seeks arms cut deal with North
| International
|
Madagascar's Rajoelina says only he can lead transition
| International
|
Colombia, US finalize deal on military bases
US senator meets Myanmar's democracy leader
Obama touts health care reform
Report says Bollywood icon detained at US airport
Catholic leaders urge Sri Lankan Tamils' release
Thai elephant hurt by mine gets artificial leg
Campaign tactics back as Obama presses health care
Steel workers in China protest plant purchase
Bowing to typhoon anger, Taiwan leader says sorry
AP NewsAlert
Facebook to face off with new Web rivals
| Technology
|
US senator meets Myanmar ruler, Suu Kyi
U.S. senator meets Suu Kyi, Myanmar junta leader
7 die, 91 wounded in blast near NATO HQ in Kabul
Parched parts of California scorched by wildfires
Philippines to ramp up fight against militants
S.Korean president calls for arms talks with North
Pakistan cuts policy rate by 100 bps to 13 pct
China to start cutting carbon emissions in 2050: FT
Bollywood star held in U.S. airport, fans outraged
| Entertainment
|
40 years later, Woodstock a thriving business
Sex and blood and MozartDon Giovanni
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights