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Jacko wants to "make things right"
Joe Bosso, Wed 7 Jan 2009, 12:28 am UTC
Although he would rather have them much sooner, as in now, one day Paul McCartney will regain the rights to The Beatles' back catalog of songs. Michael Jackson is said to be giving them back to the former Beatle in his will.
Once friends and collaborators, the two had a bitter falling out in 1985 when Jackson, then flush with Thriller cash, beat out Sir Paul (and Yoko Ono, John Lennon's widow) in a bid to snatch up the rights to 200 of the Fab Four's iconic hits.
McCartney, 66, and Jackson, 50, have barely spoken since that time, and Macca has made no secret of his annoyance. In a 2006 interview he said, "You know what doesn't feel very good, is going on tour and paying to sing all my songs. Every time I sing Hey Jude, I've got to pay someone."
"Michael told his lawyers he was sad he no longer talks to Sir Paul and said he wanted to make things right" An insider speaking to The Daily Mail
Whatever is bringing about Michael Jackson's change of heart isn't known. Although he's been said to be strapped for money, recently selling his Neverland ranch and various holdings, he still earns over £40 million a year from his stake in The Beatles' songs (some years ago, he merged the catalog with Sony and created Sony/ATV, of which he retains a 50 percent share).
Perhaps his intention to turn over the song catalog is his way of burying the hatchet with McCartney. According to the UK newspaper The Daily Mail, an insider is quoted as saying, "Michael told his lawyers he was sad he no longer talks to Sir Paul and said he wanted to make things right."
However, if Jackson truly wanted to 'make things right,' wouldn't it be better to try to hammer out a deal with Macca now? The prospect of Sir Paul waiting for Jackson to kick the bucket just so he can regain the rights to his songs borders on the macabre.
Makijng that kind of cash and broke... making that kind of statement and hoping Paul will just melt at the thought of getting his songs back, and the world will forgive his love for little boys... and not being able to colaborate with other musicians since Slash (I bet he has some Jacko stories), and not being able to live in the states and running out of places to live because he can't live up to the deals he made (The Sheik supporting his ass for a chance to collaborate with Jacko)... what is this guy thinking?
And he thinks Paul at 65 will out live him? Not unless another Mark Chapman is hanging around...
Wise investment considering he's paid $47.5 million for the rights he's basically making almost 100% return every year.
Ah, poor Jacko he is sad that he no longer talks to Sir Paul. Is it any fu**ing surprise when he has fleeced him for £40m a year! On the plus side though, if Sir Paul isn't earning the money Heather Mills can't get her hands on it!!
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Fri 9 Jan 2009, 8:25 pm UTC