Monday, August 15, 2005

JACKOSN'S BIGGEST ASSET: NOT WORTH THAT MUCH

We've heard a lot about the importance of owning the Beatles songs in the cash-vacuum that it Michael Jackson's pocketbook; it turns out that they might not be quite the golden egg they seemed. Asked if he was going to take advantage of Jackson's cash turmoil to regain control of his own songs, Paul McCartney said he didn't think he'd bother, ta:

“The interesting thing is, there are actually things in the whole deal that actually revert to me anyway. There are years approaching, there are dates approaching, that we never thought would approach, where things revert to me. So really, it's a waiting game rather than a big proactive buying game."

In other words, the most likely buyer isn't going to fork out any cash because in a year or so he gets the songs back anyway. Which, of course, would make anyone else thinking of buying the songs think twice - it's like getting a flat with only two years left on the lease.

Jim McCabe, who brings this to our attention, suggests "it looks like Neverland will soon be available for purchase. Perhaps it could be acquired by a wealthy philanthropist who then bequeathes it to a children's charity."

Not, of course, that Jacko will starve. He's taken the precaution of making Neverland self-sufficient. In fact, this evening he's going down to the kitchen to make himself a delicious pigeon pie... hey, hang on a moment...



... goddammit, woman, that was meant to be Jacko's tea. Now it's going to be traipsing round the fairground to see if there's any candyfloss left in the bins.


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