34 minutes ago by TMZ Staff
Katherine Jackson has been bitterly complaining the Michael Jackson Estate is not giving her enough money, and now we know what she's done to supplement her income in a big way.
TMZ has obtained a contract Katherine signed with Vintage Pop Media (VPM), the company that owns tens of thousands of photos, videos and other MJ items. Under the deal -- which is not sanctioned by the MJ Estate -- Katherine agreed to participate in the production of "The Katherine Jackson Story," some sort of MJ documentary set to music. Katherine also agreed to pen the book that was just released, "Never Can Say Goodbye."
In return for her work, VPM -- owned by her controversial business partner Howard Mann -- agreed to pay Katherine 25% of the net profits with a minimum monthly guarantee of $10,000-a-month. But here's what's really interesting ... there's no end date for the $10-grand-a-month, so if you read the contract literally, VPM agrees to pay Katherine at least $10k-a-month for the rest of her life.
And get this. The contract also says Katherine has the legal right to "forever bind" Michael's kids, Prince, Paris and Blanket. According to sources connected familiar with the MJ Estate, Katherine does not have the power to contractually bind Michael's kids.
Katherine is already raking in $26,000-a-month from the MJ Estate, but she's complaining she wants more. Looks like she found it.
Howard Mann tells TMZ, "This is one of several agreements with Mrs. Jackson. This was a starting point in our relationship."
Katherine Jackson has been bitterly complaining the Michael Jackson Estate is not giving her enough money, and now we know what she's done to supplement her income in a big way.
TMZ has obtained a contract Katherine signed with Vintage Pop Media (VPM), the company that owns tens of thousands of photos, videos and other MJ items. Under the deal -- which is not sanctioned by the MJ Estate -- Katherine agreed to participate in the production of "The Katherine Jackson Story," some sort of MJ documentary set to music. Katherine also agreed to pen the book that was just released, "Never Can Say Goodbye."
In return for her work, VPM -- owned by her controversial business partner Howard Mann -- agreed to pay Katherine 25% of the net profits with a minimum monthly guarantee of $10,000-a-month. But here's what's really interesting ... there's no end date for the $10-grand-a-month, so if you read the contract literally, VPM agrees to pay Katherine at least $10k-a-month for the rest of her life.
And get this. The contract also says Katherine has the legal right to "forever bind" Michael's kids, Prince, Paris and Blanket. According to sources connected familiar with the MJ Estate, Katherine does not have the power to contractually bind Michael's kids.
Katherine is already raking in $26,000-a-month from the MJ Estate, but she's complaining she wants more. Looks like she found it.
Howard Mann tells TMZ, "This is one of several agreements with Mrs. Jackson. This was a starting point in our relationship."
Michael Jackson could live again on the big screen -- TMZ has learned a former Jackson associate is trying to shop around a full-length movie featuring unseen rehearsal footage from MJ's 1981 concert series.
The man behind the deal is Ron Newt -- who claims he was so close with Michael, that the singer gave him special behind-the-scenes footage from Jackson's 1981 Triumph Tour.
Now, after seeing the success of "This Is It " -- Newt tells TMZ he's put together a 64-minute feature film from his footage ... which includes several candid moments involving MJ and his brothers. Michael can also be seen dancing, singing and directing the stage production.
Newt tells us he's already getting offers from several interested parties -- with proposals reaching into seven figures.
The man behind the deal is Ron Newt -- who claims he was so close with Michael, that the singer gave him special behind-the-scenes footage from Jackson's 1981 Triumph Tour.
Now, after seeing the success of "This Is It " -- Newt tells TMZ he's put together a 64-minute feature film from his footage ... which includes several candid moments involving MJ and his brothers. Michael can also be seen dancing, singing and directing the stage production.
Newt tells us he's already getting offers from several interested parties -- with proposals reaching into seven figures.
Originally posted May 13th 2010 5:30 PM PDT by TMZ Staff
Lisa Marie Presley's desperate plea for fans to bring more flowers to Michael Jackson's tomb must have fallen on deaf ears -- because as of today the entrance to the tomb was pretty bare.
Michael Jackson's ex-wife complained about too much "empty space" around the singer's tomb on her MySpace page yesterday -- and urged fans to fill the void with lots of sunflowers ... but obviously that didn't happen.
Fans have since fired back, claiming they've been faithfully doing their part flowers-wise since MJ died last year.
Read more: link
Lisa Marie Presley's desperate plea for fans to bring more flowers to Michael Jackson's tomb must have fallen on deaf ears -- because as of today the entrance to the tomb was pretty bare.
Michael Jackson's ex-wife complained about too much "empty space" around the singer's tomb on her MySpace page yesterday -- and urged fans to fill the void with lots of sunflowers ... but obviously that didn't happen.
Fans have since fired back, claiming they've been faithfully doing their part flowers-wise since MJ died last year.
Read more: link
Like a comet
Blazing 'cross the evening sky
Gone too soon
Like a rainbow
Fading in the twinkling of an eye
Gone too soon
Shiny and sparkly
And splendidly bright
Here one day
Gone one night
The loss of sunlight
On a cloudy afternoon
Gone too soon
Like a castle
Built upon a sandy beach
Gone too soon
Like a perfect flower
That is just beyond your reach
Gone too soon
Born to amuse, to inspire, to delight
Here one day
Gone one night
Like a sunset
Dying with the rising of a moon
Gone too soon
Gone too soon
!THESE LYRICS ARE COMPLETELY CORRECT!
Blazing 'cross the evening sky
Gone too soon
Like a rainbow
Fading in the twinkling of an eye
Gone too soon
Shiny and sparkly
And splendidly bright
Here one day
Gone one night
The loss of sunlight
On a cloudy afternoon
Gone too soon
Like a castle
Built upon a sandy beach
Gone too soon
Like a perfect flower
That is just beyond your reach
Gone too soon
Born to amuse, to inspire, to delight
Here one day
Gone one night
Like a sunset
Dying with the rising of a moon
Gone too soon
Gone too soon
!THESE LYRICS ARE COMPLETELY CORRECT!
She's Out Of My Life
She's Out Of My Life
And I Don't Know Whether To Laugh Or Cry
I Don't Know Whether To Live Or Die
And It Cuts Like A Knife
She's Out Of My Life
[2nd Verse]
It's Out Of My Hands
It's Out Of My Hands
To Think For Two Years She Was Here
And I Took Her For Granted I Was So Cavalier
Now The Way That It Stands
She's Out Of My Hands
[Bridge]
So I've Learned That Love's Not Possession
And I've Learned That Love Won't Wait
Now I've Learned That Love Needs Expression
But I Learned Too Late
[3rd Verse]
She's Out Of My Life
She's Out Of My Life
Damned Indecision And Cursed Pride
Kept My Love For Her Locked Deep Inside
And It Cuts Like A Knife
She's Out Of My Life
link