Tuesday, June 30, 2009

Michael Jackson update


I threw up a post yesterday about Michael Jackson's children being in limbo and no one really being sure what would happen to them now that their father is dead. I mentioned that Katherine made a formal petition for custody of her three grandkids, and also pointed out the fact that the biological mother of Prince I and Paris, Debbie Rowe, gave up her custodial rights back in the day. I've heard (from my lovely friend Amy Grindhouse) that Debbie never did that.

HOWEVER, later on last night, it was discovered that Michael actually had will, where he said that he wanted his mother to have custody of his kids if anything ever happened to him. On top of that, he left part of his estate to his kids and mother, and also some charities. Now, it's no secret that Michael was in a ridiculous amount of debt ($500 million), but obviously everything involving him now is a novelty. Everyone is rushing out to get his albums, and any Michael merchandise or antyhing used by/related to Michael has skyrocketed in price, so it's actually looking like that debt could possibly be eliminated over a little time.

And a last bit of news -- expect possible one or a few Michael albums to drop after his death. He apparently recorded over 100 secret songs that no one knew about. Not to mention that there's video of him rehearsing for what was supposed to be his farewell tour (which would've started in a couple weeks) at the Staples Center in LA. I heard last night that it's still in the production stages, so expect that to be released and fly off the shelves, too.

No comments: