Author Topic: It actually happened: "MJ Unit - The Takeover"  (Read 848 times)

Oklin

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #25 on: April 25, 2006, 01:11:07 PM »
MJ-Unit... reminds me of DPG-Unit
 

arsonist

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #26 on: April 25, 2006, 01:12:46 PM »
I THINK THEY ARE ALL FULL OF SHIT, I GUESS G-UNIT NEEDED A MOLESTER TOO! FIDDY WANTED TO BE TOUCHED AND DRUG TOO. ITS STILL GGGGGGAAAAAYYYYY-UNIT!
 

QuietTruth

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #27 on: April 25, 2006, 01:37:08 PM »
I THINK THEY ARE ALL FULL OF SHIT, I GUESS G-UNIT NEEDED A MOLESTER TOO! FIDDY WANTED TO BE TOUCHED AND DRUG TOO. ITS STILL GGGGGGAAAAAYYYYY-UNIT!

Who's the molester?  ::) Banks, Buck, Mase, 50, Whoo Kid? Michael was found innocent bitch  :-X :D
 

Trauma-san

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #28 on: April 25, 2006, 03:36:55 PM »
I THINK THEY ARE ALL FULL OF SHIT, I GUESS G-UNIT NEEDED A MOLESTER TOO! FIDDY WANTED TO BE TOUCHED AND DRUG TOO. ITS STILL GGGGGGAAAAAYYYYY-UNIT!

Yeah, I guess you know all about child molestors since you've got a girl pretending to be a 5 year old in roller skates in your signature. 
 

Trauma-san

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #29 on: April 25, 2006, 04:35:52 PM »
Supposedly Michael and whoo kid are recording the whole album in 2 weeks. 

Anyways. 

They leaked some info about Michaels' finances today.  Basically he's still rich as fuck

His sony/atv catalog is worth around 500 million dollars.
His personal catalog (Mijac music) is worth around 100 million dollars.
The masters (he owns completely) to his own music is worth 50 million dollars.
His home (Neverland) is worth 50 million dollars (and reopend last week with a staffing company of 10 keeping the grounds and taking care of Michael's collection of exotic animals).

So his assets total 700 million dollars.

He has approximately 300 million dollars worth of loans out which he's making payment on, so his networth clocks in (still) at 400 million dollars, or nearly half a billion dollars networth. 

Sony has worked into his refinancing deal last week that they now have the option to buy half of his stake of the Beatles ATV catalogue from him at a set price (about 200 million dollars) AS WELL AS assume some debt associated with the catalog. 

So, if Sony decides (and I'm sure they will) to buy half of Michael's 50%, they'll pay him 200 million and assume 20 mil or so of debt.  This will leave Michael with 25% of Sony's catalog, valued at around 250 million dollars, he'll have 200 million in cash... a 100 million dollar song catalog of his own, 50 million worth of masters, and a 50 million dollar estate in southern california, bringing his total assets to again 650 million dollars, with less than (sony assumed some debt with the atv catalog) 300 million in debt, leaving him more than 350 million dollars net worth. 

The woman who helped broker the deal with Michael, Sony, Fortress, and Citibank said that they're all 'proud of him' because he finally took a serious look at his finances.  She described him as happy, confident, and hard at work on continuing his career.  All these people have flown to Bahrain to meet Michael at his home there (He bought some huge mansion/palace shit over there)... Whoo Kid is recording the album in Michael's studio in his house, lol.  Anyways, he snuck into New York last month to have a meeting with a few bank execs then flew back out. 

So It looks like Michael's in the mood to make some money.  In 2001, he was paid 5 million dollars by CBS just for the rights to his tribute show (to himself!) in NYC.  I'd love to see him do more big deal shit like that. 
« Last Edit: April 25, 2006, 04:38:30 PM by Trauma »
 

jeromechickenbone

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #30 on: April 25, 2006, 05:26:41 PM »
Well, Michael needs to look out for #1.  Nobody will do that better than him.  Problem is, his mind operates on a completely different plane than probably anybody in the world.  It will probably be a tough task for him to grasp all of these financing activities. 

I just want him to drop some music.  I think he's probably a bottomless pit when it comes to music, he just needs to rid himself of all of his distractions so he can focus. So I think it's good that he got out of the States - and I'd not blame him a bit if he never came back.  He's been completely villified in the media, and he can basically do nothing that will erase it.  So why stay in the states and allow the media to feed off of him?
 

GangstaBoogy

Re: It actually happened: "MJ Unit - The Takeover"
« Reply #31 on: April 25, 2006, 07:12:32 PM »
eww
"House shoes & coffee: I know the paper gone come"

 

J Bananas

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #32 on: April 25, 2006, 08:13:28 PM »
oh u know its gonna be slappin in my trunk 4 days!
 

KURUPTION-81

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #33 on: April 26, 2006, 10:48:04 AM »
who is Lucy Diamonds ?

"My greatest challenge is not what's happening at the moment, my greatest challenge was knocking Liverpool right off their fucking perch. And you can print that." Alex Ferguson
 

Leggy Hendrix

Re: It actually happened: "MJ Unit - The Takeover"
« Reply #34 on: April 27, 2006, 02:01:29 AM »
who is Lucy Diamonds ?

just what i was gonna ask...

anyway, this should be interesting...i doubt i'll like it, but i just wanna hear the MJ/M.O.P. track(s)... :D


<a href="https://www.youtube.com/v/LllJK5DjofM" target="_blank" class="new_win">https://www.youtube.com/v/LllJK5DjofM</a><a href="https://www.youtube.com/v/g7DMeTPvZCs" target="_blank" class="new_win">https://www.youtube.com/v/g7DMeTPvZCs</a> <a href="https://www.youtube.com/v/yRfQGXFRr30" target="_blank" class="new_win">https://www.youtube.com/v/yRfQGXFRr30</a>

dude im baning you mother over here in eu. but im not a white,brown,black,yellow etc. im your nightmare
 

Trauma-san

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #35 on: April 27, 2006, 07:25:36 AM »
Well, everybody hold their hat.  Since Michael lives in Bahrain, apparently the 'press release' from him (In Bahrain) was fake.  So, they're denying part of the story, but I can't figure out what part they're denying.  I THINK they're saying that the mixtape is still happening, but that Lucy Diamonds doesn't have anything to do with it, and the single they said Michael is releasing in November is bullshit.  Something about Lucy Diamonds is down with the Game so she wouldn't appear on any 50 cent stuff... but then they mention "Trial Of the Century" like it's a real song and they've already heard who 50 shouts out at the end of it. 

So I think the mixtape is still happening, but the single isn't and Lucy Diamonds has nothing to do with any of it. 
 

KURUPTION-81

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #36 on: April 27, 2006, 10:55:04 AM »
Well, everybody hold their hat.  Since Michael lives in Bahrain, apparently the 'press release' from him (In Bahrain) was fake.  So, they're denying part of the story, but I can't figure out what part they're denying.  I THINK they're saying that the mixtape is still happening, but that Lucy Diamonds doesn't have anything to do with it, and the single they said Michael is releasing in November is bullshit.  Something about Lucy Diamonds is down with the Game so she wouldn't appear on any 50 cent stuff... but then they mention "Trial Of the Century" like it's a real song and they've already heard who 50 shouts out at the end of it. 

So I think the mixtape is still happening, but the single isn't and Lucy Diamonds has nothing to do with any of it. 

ok now im confused !

"My greatest challenge is not what's happening at the moment, my greatest challenge was knocking Liverpool right off their fucking perch. And you can print that." Alex Ferguson
 

LyRiCaL_G

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #37 on: April 27, 2006, 11:08:03 AM »
basically the whole thing is bullshit
 

Elevz

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Re: It actually happened: "MJ Unit - The Takeover"
« Reply #38 on: April 27, 2006, 11:27:23 AM »
You know what? 50 sucks and I don't think MJ still has what it takes... So this can't go wrong? I'm pretty curious to see how this turns out.