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Michael Jackson's kids win 'huge victory' in estate's legal fight with IRS

Author of the article: WENN - World Entertainment News Network
Publishing date: May 04, 2021 • May 4, 2021 • 2 minute read •
In this June 13, 2005 photo, Michael Jackson gestures as he leaves court during his trial on child molestation charges in Santa Maria, Calif. Photo by Mark J. Terrill /AP, File
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Michael Jackson’s children have been handed a “huge, unambiguous victory” in their late father’s estate’s legal battle with the IRS (Internal Revenue Service).
The lawsuit stemmed from an argument about how much Jackson’s name and likeness was worth at the time of his death in 2009 – with the IRS estimating US$161 million and Jackson’s estate arguing it was more like $2,105, due to the damage caused to his reputation by child molestatio ....

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Michael Jackson's children handed 'huge victory' in estate's legal fight with IRS

04 May 2021
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Michael Jackson s children have been handed a huge, unambiguous victory in their late father s estate s legal battle with the U.S. IRS (Internal Revenue Service).
The lawsuit stemmed from an argument about how much Jackson s name and likeness were worth at the time of his death at the age of 50 in 2009 - with IRS officials estimating $161 million (£116 million) and executors of Jackson s estate arguing it was more like $2,105 (£1,517), due to the damage caused to his reputation by child molestation accusations.
The IRS had claimed Jackson s estate had underpaid its tax bill by nearly $500 million (£360 million), and could potentially owe an additional $200 million (£144 million) in penalties, due to the estimation of the late star s worth. ....

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Michael Jackson To Bob Marley - These Musicians' Names Are Making Millions Even Though They Are No More!

Michael Jackson To Bob Marley - These Musicians' Names Are Making Millions Even Though They Are No More!
koimoi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koimoi.com Daily Mail and Mail on Sunday newspapers.

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Jon Platt on Sony/ATV's 25th Anniversary

Jon Platt
Chairman/CEO Jon Platt talks the publishing giant s silver anniversary amid its rebranding as Sony Music Publishing.
In his 2020 year-end message to songwriters, Sony/ATV Music Publishing chairman/ CEO Jon Platt praised them for continuing to change the world with their creativity especially in a tumultuous year framed by a pandemic and racial unrest. “Thanks to all of you,” he wrote. “History is always being written.” Those five words also describe the company, recently rebranded as Sony Music Publishing, and its journey to becoming the No. 1 global music publisher, especially under the 12-year watch of legendary publishing executive Martin Bandier and now Platt, who succeeded his former EMI Music Publishing boss and mentor in April 2019. ....

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Jon Platt on Sony/ATV's 25 Years of Songs

Jon Platt on Sony/ATV’s 25 Years of Songs
Billboard
2/22/2021
Jon Platt
In his 2020 year-end message to songwriters, Sony/ATV Music Publishing chairman/ CEO Jon Platt praised them for continuing to change the world with their creativity especially in a tumultuous year framed by a pandemic and racial unrest. “Thanks to all of you,” he wrote. “History is always being written.” Those five words also describe the company, recently rebranded as Sony Music Publishing, and its journey to becoming the No. 1 global music publisher, especially under the 12-year watch of legendary publishing executive Martin Bandier and now Platt, who succeeded his former EMI Music Publishing boss and mentor in April 2019. ....

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