Jackson Would Have Earned $1 Billion on Comeback Says Expert

An entertainment accounting expert says Michael Jackson could have earned $1.1 billion or more if he had performed a worldwide concert tour and created a Las Vegas show before his death.

(Via Associated Press and Billboard)

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In Tommy Mottola’s bio, Hitmaker, the former Sony president says MJ would invest immense amounts of his own money to finance his massive recording and touring budgets, believing he could reach “Thriller” status once again.  The rumors flew quickly after the late King of Pop died that he had passed away broke.  Even stranger rumors flew about him being murdered in an Illuminati backed insurance scheme.  But according to one expert, if Jackson had lived until 65, MJ would’ve earned over a Billion (with a capital B!) dollars thanks to his global tour and Vegas show. Sadly, the world lost a great icon and never got to see either.

http://www.billboard.com/biz/articles/news/legal-and-management/1710217/jackson-would-have-earned-1-billion-on-comeback-says#disqus_thread

Grammy Winning Producer Walter Afanasieff : The Music Biz is “De-volving”

Good morning Wiz Kids!  

Today we’re sharing quotes from an interview (thanks to Hypebot and Jessica Blankenship, a writer and media manager at Muzooka (muzooka.com,@muzookawith Walter Afantasieff, most well known for producing #1 hits with Mariah Carey and Celine Dion.  The basic premise is that the music business is devolving and shows like The Voice and American Idol are washing away musical talent in favor of good looks and a good story.

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Here are some key quotes from his interview.

Music industry people do not take chances anymore. They default daily to whatever is the flavor of the month as determined by the media, and the social media machine.

We are less innovative, have less balls, are less willing to take chances, less willing to sign artists who are not known. That’s the biggest problem, and that’s why I say the music industry did not evolve, it devolved.

Adele, Lady Gaga, Arcade Fire – these were accidents. They set a different tone for a minute. They reminded everyone that not all music is this conglomerate media bullshit. That’s what I believe in. All of these things keep dragging us along. Along the way, we must all have enough of a commitment to our craft. We can’t be afraid to pursue greatness. Because the reality is that mediocrity is celebrated.

 

What do you think about Mr. Afanasieff’s ideas?  Is the music business really devolving?  Is there hope for the future? Continue reading