Forbes Article Regarding Neverland Sale

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Last night, we sent you a message from the Estate regarding Colony Capital’s decision to sell Neverland. Many of you have inquired about the Estate purchasing Neverland. As you know, the Estate does not disclose the details of its business dealings but last night’s statement to the fans (not included in the comment to press) states “the Estate did explore a number of potential options for Neverland with Colony” but for the reasons stated none of those options were feasible.  This sentence was included specifically for your benefit to let you know that the Estate tried to find a way to keep the sale from happening but for a variety of reasons, it was not possible.

Zack O’Malley Greenburg broke the news in Forbes shortly after we sent you the Estate’s statement: He offers some further insight you might find helpful in understanding the situation.

Like you, the Estate is sad and disappointed by Colony’s decision. Michael’s legacy is in his music, in his humanitarian efforts, and in his spirit. The Estate hopes that whomever the new owners may turn out to be, that they will continue to appreciate the property not only for its beauty but for its historical and cultural legacy as well.

MJOnline The Official Online Team of The Michael Jackson Estate™

Message From The Estate Of Michael Jackson: Sale Of Neverland Ranch


You will soon be reading news reports stating that Colony Capital has decided to sell Neverland. As the property manager, they have the right to do this.  The Estate has issued the following statement in response to a media request for comment:

We are saddened at the prospect of the sale of Neverland which, under the agreement negotiated during Michael’s lifetime, Colony has the right to sell. The Estate will maintain Michael’s family home in Encino, including its iconic recording studio there. We continue to build upon Michael’s legacy as an artistic genius and humanitarian through his music and new projects such as the Michael Jackson ONE show in Las Vegas.  We hope and trust that any new owners of Neverland will respect the historical importance and special nature of this wonderful property.  Michael’s memory lives on in the hearts of his fans worldwide.

It is also important to the Estate that Michael’s fans understand that although the Estate has no right to stop or obstruct the sale, The Estate did explore a number of potential options for Neverland with Colony but zoning, financial and land use restrictions limited the alternatives and ultimately Colony made the decision to sell.

MJOnline The Official Online Team of The Michael Jackson Estate™

Michael Jackson’s Neverland Is About To Be Sold

Source: Forbes – By Zack O’Malley Greenburg


Though Michael Jackson moved out of Neverland years before his untimely passing, the 2,700-acre property remains indelibly associated with the King of Pop to this day. Soon, however, the connection will be only in thought, not deed: Neverland is set to be sold.

According to sources familiar with the matter, billionaire Tom Barrack’s Colony Capital is preparing to put the Los Olivos, Calif. property on the market. The firm became Neverland’s managing partner after Barrack struck a deal with Jackson in late 2007 to take over the $23 million note held by private equity fund Fortress.

“We are frustrated, bitterly disappointed and saddened that it has come to this,” said a representative for Jackson’s estate in an electronic message to FORBES. “Sadly, Michael lost control of Neverland during his life as a result of advice from a former manager.”

Representatives for Colony Capital could not immediately be reached for comment.

As I reported in Michael Jackson, Inc: The Rise, Fall and Rebirth of a Billion-Dollar Empire , the agreement between Jackson and Colony was a complex one. Barrack himself said he only took on the note as a favor to Jackson (in an interview for the book, he recalled his words to the singer: “Don’t have me do this … unless you’re really interested in building a program going forward to create some revenue for yourself.”)

The agreement, which took effect in early 2008, called for Colony to manage Neverland as a sort of joint venture with Jackson. For every dollar the company invested in the property, its equity would increase. This meant that while Jackson—and, later, his estate—retained a stake in the property, it decreased on paper as time went on.

Over the past six years, Colony has continued to fund the upkeep of Neverland. That cost, if it’s anything like it was in Jackson’s day, is likely in the neighborhood of $5 million per year. Add in the $23 million note, and back-of-the-envelope math suggests the firm may have invested more than $50 million in the property to date. It also retains the right to sell the property at will.

Still, many options were explored over the years. Toward the end of his life, Jackson himself is said to have been intrigued by the idea of turning Neverland into a school for the performing arts; after his death, many have suggested that the property be turned into an attraction like Elvis Presley’s Graceland.

But as anyone who’s been to Neverland (this writer included) can tell you, Los Olivos isn’t exactly Memphis. The area is nowhere near an interstate, and its narrow mountain roads aren’t conducive to accommodating hundreds of thousands of visitors a year.

“The Estate explored numerous options, including a purchase,” continued the aforementioned representative’s statement. “But financial, land use and zoning restrictions have made all of the proposed options prohibitive given our duty as Executors to be fiscally responsible in protecting and growing the assets of the Estate for Michael’s children.”

Indeed, Jackson’s estate has pulled in more than three quarters of a billion dollars in a little over five years since his death. But that’s before taxes and expenses, not to mention the specter of a $702 million IRS bill that the estate is currently appealing.

Buying back Colony’s share of Neverland—not to mention footing a multimillion-dollar annual upkeep bill for a property that does not generate income—would seem to be an imprudent financial choice.

And so, Neverland may soon have a new owner on paper. But any buyer will have to understand the property will always be the King of Pop’s realm in the minds of millions.


Read more at Forbes / All Things Michael


Source: Michael | All Things Michael


Our thoughts and prayers are with Michael’s loved ones today as we remember the kind, gentle and giving spirit who generously shared his amazing artistic gifts with the world along with a limitless empathy for those in need. Time has shown that with each passing year the world’s appreciation deepens not just for Michael’s talent but also for his lifelong passion to spread peace, unity, love and hope across every culture and society. Michael’s friendship, kindness, humor and joyful warmth will always be missed. The world is a far better place for having known him.

John Branca & John McClain, Co-Executors of the Michael Jackson Estate

Message From The Estate Of Michael Jackson



It has been a whirlwind few weeks and we wanted to share some more good news with you. In the six days since the video of the virtual MJ dancing to “Slave To The Rhythm” was uploaded to VEVO, it has been viewed more than 10 million times and that number is continuing to grow steadily. The performance gave the Billboard Music Awards its highest ratings in 13 years, and the response in the general public has been overwhelmingly positive – if you look at the VEVO post, you can see that the likes outweigh the dislikes 10 to 1!!!! This tells us it is a major success w/the general public which, after all, is what we all want – for the rest of the world to see and love Michael the way that we all do.  The efforts of the last few weeks, and especially, the performance on the Billboard Awards is working!

While expectations might have been built up due to Alki David’s frivolous lawsuit and inaccurate comments (he was not involved with the production at all), and ABC’s efforts to promote the show, the Estate has tried hard to keep expectations in check. The Estate is proud of what has been achieved with the promotional activations over the last few weeks but recognizes, along with all of you, that no one/nothing can replace Michael. Fans all over the world are speaking out with their positive comments online and with their support for Xscape and now the general public is taking notice and joining in.

The general public, and more importantly the media, often takes cues from the fan community. The support of the fan community publicly will only augment the support of the general public for Michael Jackson.

The MJ fans have much to be proud of – HITS Magazine put Xscape in its number one spot based on it’s tallies for US sales, the record is the #1 selling album worldwide for its first week and the #1 streamed record on Spotify for the first week of release! The illusion has put Michael back in the forefront of the entertainment world and helped promote Xscape.

The Estate hopes that the fans are as thrilled as they are to see so much positive press about Michael from every corner of the globe. It is heartwarming to see that the overwhelming reaction from the general public to the new music and to Michael. As we mentioned in one of our emails last week – we’re just getting started. Keep watching for what’s next.

MJOnline The Official Online Team of The Michael Jackson Estate™


Message From The Estate About The Illusion At The Billboard Awards

2014 Billboard Music Awards - Roaming Show

There is a gentleman, Alki David, publicly taking credit for the illusion witnessed around the world on the Billboard Awards. The Estate wants the fans to know that Mr. David had no involvement with the project and doesn’t have any actual knowledge of what was or wasn’t done in the creation of the illusion.  The Estate respects the magician’s creed not to reveal how an illusion is done but does want to acknowledge and give proper recognition to those with whom the Estate worked closely on this project.  So the Estate has posted a short video on YouTube that they wanted to share with the fan community showing a couple of the key people at Pulse Evolution, the Estate’s partner in creating this illusion, along with members of the creative team, all of whom share what working on this project means to them.

Please watch here:

MJOnline The Official Online Team of The Michael Jackson Estate™


Message From The Estate About Dutch Channel RTL 5


We have received your messages about the upcoming broadcast of the program about the autopsy performed on Michael on Dutch RTL5. The Estate is as outraged as the fans that broadcasters continue to schedule this salacious and disrespectful program. The Executors want Michael’s fans to know that they have voiced their disgust to those involved. Unfortunately, it is not possible for the Estate to bring legal action to stop the broadcast of the program. The Executors are disappointed that RTL 5 has elected to air this sleazy tabloid program that exploits Michael’s tragic and untimely death in a cynical and desperate attempt to attract viewers.
The Estate hopes that RTL 5 will show good judgment and cancel the broadcast of this appalling program.

MJOnline The Official Online Team of The Michael Jackson Estate™

The King Of Pop Is On Top Of The World!




“The tracks remind us of the musical genius that was Michael Jackson,” The Guardian UK

“Timbaland’s transformations are masterly,” NY TIMES

“…you want to push your jacket sleeves up and get down,” (“Love Never Felt So Good”) SYDNEY MORNING HERALD

“The magic continues,” The Washington Post

Michael Jackson’s new album XSCAPE took over the top spots on the global charts this week, hitting #1 in 52 countries and Top 5 in 87 other. It is #1 on Amazon and #1 on Spotify, taking the throne from Frozen, which has had the top spot on Spotify since January. It debuted at #2 on the Billboard album chart and #1 on Hits.

Curated and produced by Epic Records Chairman and CEO LA Reid, XSCAPE got off to a thrilling start with the Michael Jackson and Justin Timberlake first single, “Love Never Felt So Good” which rocketed into the Top 5 position in the U.S. and lit up the iTunes charts globally peaking at 17#1 and 67 Top 5 positions, and hitting the #1 spot on Spotify U.S. and the world this week. The video for Michael Jackson/Justin Timberlake duet of the song is #1 on iTunes.

To date, Jackson has sold one billion records worldwide, so it’s no surprise that XSCAPE has gone #1 in all four corners of the world, including Australia, the UK, France, Malaysia, and South Africa. “Love Never Felt So Good” lit up the iTunes charts around the world, peaking at #5 in the U.S., #1 in 18 countries and #5 in 89 countries netting Michael his highest Billboard chart bow since 1995 and fourth-highest debut ever at #20 — marking his 49th hit single.

you just cant stop the king of pop

The worldwide launch of the album included the “Slave to the Rhythm” dance performance at the Billboard Music Awards which was created for fans by the Estate of Michael Jackson as a tribute to the King of Pop and to capture the essence, the excitement and the magic that is Michael Jackson. Good Morning America called it “Michael Magic”. It took over a year and a team of 104 cast and crew, to create an entire stage on which to produce the performance that showcased Michael’s moves, took up the entire stage and was bigger and better than anything that has gone before. The audience swelled to 11.5 million during the half hour of the highly anticipated performance, proving again that Michael Jackson remains the biggest entertainer of all time.

Released on May 13 by Epic Records in conjunction with the Estate of Michael Jackson, XSCAPE features a long awaited collection of 8 new songs originally recorded between 1983 and 1999, and showcase why Michael Jackson remains an indelible influence on contemporary artists today. The songs were curated by Reid, and then ‘contemporized’ by lead producer Timbaland and some of the hottest production talents in the world including JRoc, Rodney Jerkins, Stargate, Giorgio Truinfort and John McClain, co-executor of the Estate of Michael Jackson.

Epic’s rollout of XSCAPE has been massive. Songs from the album were premiered on The Ellen DeGeneres Show and featured on Dancing With the Stars, the Today Show, Good Morning America, CBS This Morning, and every major entertainment news show around the world. SiriusXM launched a Michael Jackson channel this week, and the album’s first single was premiered on the iHeart Radio Music Awards. In additiona, Epic partnered with Jeep for a global commercial spot featuring the single “Love Never Felt So Good.” Epic / Sony Music’s XSCAPE album campaign is a ‘One Sony’ global collaboration, with exclusive offers from Sony Group companies leveraging their respective strengths in delivering unique entertainment experiences to a wider audience as well as attracting a whole new generation discovering the artistry of Michael Jackson for the first time.

More news about Michael Jackson’s upcoming album will be revealed in the coming weeks. Keep visiting for new details.


Michael Jackson is one of the most beloved entertainers and profoundly influential artists of all-time. He was also a dedicated philanthropist and an astute business professional. To date Jackson has sold 1 billion records worldwide, released 13 No. 1 singles and became one of a handful of artists to be inducted twice into the Rock and Roll Hall of Fame. The Guinness Book of World Records recognized Jackson as the Most Successful Entertainer of All Time and “Thriller” as the Biggest Selling Album of All Time. Jackson won 17 Grammy Awards including 8 in one year, a record in itself, and received 26 American Music Awards, including the Artist of the Century Award. Jackson defined the art form of music video with such ground-breaking short films as “Billie Jean,” “Beat It” and the classic “Thriller,” which in 2009 became the first and only music video inducted into the National Film Registry of the Library of Congress. In his short films “Black or White”, “They Don’t Care About Us”, “Bad and “Smooth Criminal” and others, Jackson set an aesthetic standard for video production that remains unsurpassed even today. The Estate of Michael Jackson and Cirque du Soleil have produced two top shows: Michael Jackson THE IMMORTAL World Tour is the #9 top grossing tour of all time; and MICHAEL JACKSON ONE, a new permanent show at Mandalay Bay Las Vegas, which is breaking box office records and receiving critical raves. Jackson’s sound, style and dance moves continue to inspire today’s performers and new generations of fans worldwide continue to discover his artistry.

Read more:

MJOnline The Official Online Team of The Michael Jackson Estate™