Monday, February 21, 2011

John Branca Addresses fans concerns over MiJac Catalog

For those who are wondering Jeff is the Liaison between the Estate  and fans from MJonline Team.

Forwarded Message
From: John Branca
Date: Mon, 21 Feb 2011 15:18:31 -0600
To: Jeff *****

Subject: Michael Jackson/Mijac

I understand that you are being asked a lot of questions about Mijac.

Yes, there is a matching right that Michael granted to Sony/ATV but they only get to administer the catalog for a limited term AND only if they agree to unprecedented favorable terms. We will not relinquish ultimate control and ownership to anyone. We have favorably refinanced the loans on Mijac which will be paid off and the catalog WILL absolutely be passed to Michael's children as long as we have anything to say about it.

Sony/ATV is a great company and the Estate owns half of it but no one, not even Sony/ATV, will ever own Mijac while John McClain and I remain in charge.

The current Sony team is the one Michael chose to work with on the Thriller 25 release and they are good partners. As stated in the recent court filings, they worked with us to refinance the burdensome debt that had been placed on Michael's interest in Sony/ATV to very favorable terms, an important achievement which insures that Mijac and Michael’s masters remain secure for the benefit of Michael's children for years to come.

I would appreciate your sharing this with the fans that are asking questions.

Thanks – John

John Branca
The Estate Of Michael Jackson
Los Angeles, CA

Source for the letter comes from 
Official Clarification on Mijac - Sony/ATV Situation

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