Saturday, June 14, 2008

Colony Capital Tring to Assist "The King of Pop" With a Comeback



Interesting article from the Wall Street Journal about private equity group Colony Capital trying to assist MJ with a relaunching of his career. The question now, is Michael Jackson really interested in performing again. Good article about the importance of having assets. To the viewing public, Michael Jackson is seen as being debt laden, but he owns half of a music catalogue worth an estimated 500 million dollars and the Neverland Ranch. Simply, along with his talent, he has options and companies looking to make money are interested in dealing with him.

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