2/10/2013

Michael Jackson Corporate Structure - Updates

One of my returning topics were about the corporate structure around MJ. As I have decided to have regular posts again, I will update these topics first.

All these legal entities belong to The Estate of Michael Jackson, led by John Branca from Ziffren Brittenham LLC and John McClain. Legal representation is done by Howard Weitzman from Kinsella, Weitzman, Iser, Kump and Aldisert LLC. Accounting done by Miller, Kaplan, Arase LLP.

By the way the Estate did a great job with re-structuring MJ's corporate empire, no useless entities left, and everything is centered around one single team of decision makers.

The Michael Jackson Company LLC
Register date: 06/13/2006
County: Delaware, California
Ownership: 100%
Profile: Intellectual property, general.
Established by MJ as the new centerpiece of his re-organised empire. After his death used as an entity for all new major projects.

MJJ Productions LLC
Register date: 10/30/1979
County: Delaware, California
Ownership: 100%
Profile: Intellectual property, general.
Established by MJ was responsible for all things done by MJ as an adult artist. Later has been replaced by The Michael Jackson Company LLC.

MJJ Ventures Inc.
Register date: 02/26/1991
County: Delaware, California
Ownership: 100%
Profile: Intellectual property, especially videos.
Established by MJ was responsible for certain video related projects along with Sony, releasing motion pictures. Later has been replaced by The Michael Jackson Company LLC.

MJJ Artistic Inc.
Register date: 01/04/1990
County: California
Ownership: 100%
Profile: Intellectual property.
The exact profile of this entity is unknown, but most probably owns IP to MJ's graphic ventures from the early 90's.

Triumph International Inc.
Register date: 03/09/1984
County: California
Ownership: 100%
Profile: Intellectual property, trademarks.
Established by MJ still responsible for all major intellectual property related deals.

Optimum Productions Inc.
Register date: 09/21/1983
County: California
Ownership: 100%
Profile: Intellectual property, especially video releases.
Established by MJ was responsible for certain video releases.

Go For Your Dreams Foundation
Register date: 10/10/2003
County: California
Ownership: 100%
Profile: Foundation.
Established by MJ was responsible for a failed charity initiative. It's recent profile is still unkown.

Enchanted Kingdom LLC
Register date: 03/17/2008
County: Nevada
Ownership: 100%
Profile: Real estate.
Established by MJ was responsible for certain projects while he resided in Las Vegas. It's recent profile is still unknown.

MJJ Records LLC (aka. MJJ Music)
Register date: 09/04/1997
County: Delaware
Ownership: 50%
Profile: Master recordings.
However the Californian entity has been just forfeited, it still manages the joint venture between the Estate and Sony.

Cirque Jackson I.P. LLC
Register date: 08/19/2010
County: Delaware
Ownership: 50%
Profile: Intellectual property.
Estate owns this company along with Cirque de Soleil to manage the "Immortal World Tour" project.

Sycamore Valley Ranch Co. LLC
Register date: 07/15/2008
County: Delaware
Ownership: 87.5%
Profile: Real estate.
Estate owns majority of MJ's Neverland Valley Ranch through this entity. Colony Capital is the minority owner.

SEE Virtual World MJ LLC
SEE Virtual World MJ Operations LLC
Register date: 02/26/2010 and 10/14/2009
County: California
Ownership: 0%
Profile: Intellectual property.
This company licenses certain rights to build a virtual world for MJ under PlanetMichael.com. The Estate receives a significant percentage from the incomes.

World Events LLC
Register date: 04/10/2001
County: Delaware
Ownership: 70%
Profile: Intellectual property.
Estate owns this company along with David Guest to manage certain rights related to the "30th Anniversary Concerts".

Desert Auto LLC
Register date: 02/21/2008
County: Nevada
Ownership: 100%
Profile: Unknown.

521 Montana Joint Venture LLC
Register date: 10/30/1990
County: California
Ownership: 5.5%
Profile: Unknown.

PPB LLC and PPB II LLC
Register date: 11/04/2010
County: Delaware
Ownership: 100%
Profile: Trust.
Estate most probably fuels the money through these entities to the beneficiaries of MJ's will.

PPB (NV) LLC
Register date: 06/27/2012
County: Nevada
Ownership: 100%
Profile: Trust.
Estate most probably fuels the money through these entities to the beneficiaries of MJ's will.

MJ Publishing Trust, New Horizont Trust, New Horizont Trust II
Register date: 11/30/1998
County: Delaware
Ownership: 100%
Profile: Trust.
Estate holds MJ's and other artist's copyrights against certain debts.

MJ-ATV Publishing Trust, New Horizont Trust III
Register date: 02/09/1999
County: Delaware
Ownership: 100%
Profile: Trust.
Estate holds the Beatles' and other artist's copyrights against certain debts.

80 comments:

gboete said...

ATV, should that not be 50% ??? And Sony the other half ?

Anne G√ľntert said...

if I understand the available info correctly, those 50% of Sony/ATV (1995 merger) are in the New Horizon Trust I,II and III.

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