|
|
本帖最后由 shell88 于 2010-3-20 01:00 编辑
在网上找到一篇有关MJ的债务的文章，翻译后与大家分享。作者是一个老派学者和MJ的长期追随者。
迈克尔.杰克逊——金钱、虚构和主流媒体
作者：Larry Carter
新闻媒体把迈克尔.杰克逊归为“负债累累”，而不提供进一步的解释，给人的印象是流行音乐之王的财务状况是一般公众可以认识或轻易理解的。
但其实根本不是这样，杰克逊所谓的“巨额债务”不是我们可以有运气去经历的。我敢说一般公众从未听说过杰克逊的债务类别，某些人较为了解，就是“并购债务”。
并购债务涉及成百万美元以上的风险购买，购买金额的相当一部分比例是通过借款来融资。被获得公司的资产作为借款的抵押。
当Northern Songs——一个拥有数千首歌曲的音乐版权目录（包括披头士以前的目录）——上市出售时，杰克逊马上表示了兴趣。他被告知竞争将很激烈。“我不管，我想要那些歌。”杰克逊对他的娱乐业律师John G Branca说，“帮我得到那些歌曲。”
杰克逊最终在谈判中打败了其他的竞争对手，取得了Northern Songs目录，耗时10个月。他最后用4千7百50万买下了这一目录。
杰克逊用他自己的目录，Mijac，加上被购买的Northern Songs作为贷款条件，用新获得的资产重组后的权益来偿还债务。
1995年，杰克逊用Northern Songs目录与Sony的出版部门合并，成立了Sony/ATV音乐出版公司。这一交易使杰克逊拥有Northern Songs的一半和Sony/ATV的一半，这也包括几千首其它更多歌曲的发行权。通过这一合并，Sony/ATV成了世界第三大音乐出版机构。杰克逊和Sony是对等的伙伴，并誓言成为世界最大的目录。
2001年末，杰克逊和Sony获得了Tony Martin的Baby Mae音乐目录的600首歌曲。
2002年7月，他们用1亿5千七百万美元购买了乡村音乐出版社Acuff-Rose，包括5万5千首歌曲的版权。
2007年11月，杰克逊和Sony从Viacom购买了Famous音乐公司。这笔交易使流行音乐之王获得了Eminem，Shakira和Beck和其它歌曲的版权。这笔风险投资包括3亿美元债务的承担。购买的价格是3亿7千万美元。
至少可以说，更合理的是认为他的所谓“5亿美元”债务来源于巨额并购，而不是媒体虚构的“挥霍无度”。
http://ezinearticles.com/?Michael-Jackson---Money,-Myth-and-the-Mainstream-Media&id=2779807
2009/9/22
Michael Jackson - Money, Myth and the Mainstream Media
By Larry Carter
News media accounts that Michael Jackson was "debt-ridden", without providing further explanation, gave the impression that the King of Pop's financial situation was something the general public could identify with or readily understand.
But far from it. Jackson's so-called "massive debt" was something that hardly any of us will ever be fortunate enough to experience. I dare say most in the general public have never heard of Jackson's category of indebtedness, better known by some as "acquisition debt".
Acquisition debt involves multi-million dollar purchases of ventures where a significant percentage of the purchase price is financed through "leverage" borrowing. The assets of the acquired company are used as collateral for the borrowed capital.
When Northern Songs - a music catalog holding thousand of songs, including the Beatles' back catalog - was put up for sale, Jackson took immediate interest in the catalog. He was warned that he would face strong competition. "I don't care. I want those songs," Jackson said to his entertainment attorney John G Branca. "Get me those songs, Branca."
Jackson eventually beat the rest of the competition in negotiations for the Northern Songs catalog, which lasted 10 months. He eventually purchased the catalog for $47.5 million.
Jackson used equity in his own catalog, Mijac, along with the acquired assets from Northern Songs for loan qualification, with the newly acquired assets structured for equity to flow towards servicing the debt.
In 1995, Jackson merged his Northern Songs catalog with Sony's publishing division creating Sony/ATV Music Publishing. This deal gave Jackson half ownership in Northern Songs as well as half ownership in Sony/ATV. It also included distribution rights to thousands of more songs. With the merger, Sony/ATV became the third largest music publishing venture in the world. Both Jackson and the Sony people were equal partners and vowed to become the world's largest catalog.
Late in 2001, Jackson and Sony acquired Tony Martin's Baby Mae Music catalog of 600 songs.
In July 2002, they bought country music publisher Acuff-Rose for $157 million. The venture included publishing rights to 55,000 songs.
And in November 2007, Jackson and Sony bought Famous Music LLC from Viacom. This deal gave the King of Pop rights to songs by Eminem (a C-rated entertainer who once made light of him), Shakira and Beck, among others. The venture included the assumption of a $30 million debt. They purchased the business for $370 million.
Bottom line. If Jackson was debt ridden, it makes more sense to believe his indebtedness of "$500,000,000" resulted from acquiring multi-million dollar ventures, and not, as media myth makers would have it, "lavish spending."
Larry Carter is an Old School scholar, life-long follower and avid fan of Michael Jackson. |
评分
-
查看全部评分
|
狗仔卡
发表于 2010-3-20 00:58:49
变色卡
显身卡
发表于 2010-3-20 01:37:53
发表于 2010-3-20 01:42:51
发表于 2010-3-20 02:24:51
