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<title>Luxist - Comments for Michael Jackson Refinances by Selling Songs</title>
<link>http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</link>
<description>Luxist Comments for Michael Jackson Refinances by Selling Songs</description>
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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Comments on Michael Jackson Refinances by Selling Songs]]></title><link>http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</link><guid isPermaLink="true">http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</guid><description><![CDATA[Jackson confirmed the deal Thursday afternoon via press release, but would not offer details. <br>]]></description><dc:creator><![CDATA[Trav]]></dc:creator><pubDate>Apr 14th 2006 5:04AM</pubDate></item><item><title><![CDATA[Comments on Michael Jackson Refinances by Selling Songs]]></title><link>http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</link><guid isPermaLink="true">http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</guid><description><![CDATA[Nicole Weston's  version of the story is incorrect. Michael STILL owns 50% of the catalogue. He has sold nothing. 25% of his shares are in limbo (but still rightfully his), but could be purchased by Sony only if Michael defaults on future payments. <br>Sony aided Michael by paying Fortress who Michael owed money, and was in danger of losing his share to. <br>As it stands, MJ and Sony still share the ATV catalog/Sony merger. It's a 50/50 deal. <br>Weston should research more accurately when reporting. Unfortunately readers are too often misinformed by the media.]]></description><dc:creator><![CDATA[Janie]]></dc:creator><pubDate>Apr 14th 2006 10:14PM</pubDate></item><item><title><![CDATA[Comments on Michael Jackson Refinances by Selling Songs]]></title><link>http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</link><guid isPermaLink="true">http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</guid><description><![CDATA[Actually, I did not say that he has sold anything, only that he has agreed to sell the shares.]]></description><dc:creator><![CDATA[Nicole Weston]]></dc:creator><pubDate>Apr 15th 2006 7:55AM</pubDate></item><item><title><![CDATA[Comments on Michael Jackson Refinances by Selling Songs]]></title><link>http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</link><guid isPermaLink="true">http://www.luxist.com/2006/04/13/michael-jackson-refinances-by-selling-songs/</guid><description><![CDATA[I agree. Nor he has sold nor Sony has bought. They agreed to keep the shares from defaulting. The deal is, If Michael defaults, Sony has the right to buy first than anyone.]]></description><dc:creator><![CDATA[Nick Ramirez]]></dc:creator><pubDate>Apr 18th 2006 7:12PM</pubDate></item></channel></rss>