Michael Jackson is about to sell his half stake in the Beatles catalogue, to help cover the costs of his molestation trial defence and other debts that have been piling up, around $275 million worth. Other loans over his own catalogue and the Neverland ranch will also be paid off.
This will still leave Jackson with an income of between $7 and $8 million per year.
In 1985 Jackson paid $47 million for the rights to the entire Beatles collection. Half was sold in 1991 to Sony/ATV for $130 million. The collection is now valued at more than $500 million.
Saving the Tigers from extinction It was a hurriedly organized citizen’s meeting at Guwahati Press Club, where serious concerns were expressed at the increasing trend of poaching and killing of wildlife in various parts of Assam.
The EIP factor - what you should learn from it When we grow older, or get older for the sake of the argument, we tend to start seeing the world only from one side. We tend to believe, no, not believe but know, how things are done. If you are smart, you understand that it shouldn't be that way, you understand this is wrong.
Whether we want to admit it or not, even now, in year 2012, there are still big gender biases in some fields of life. While it's generally understandable that men should do more heavy lifting than women and knitting fits a bit better for the women (even though I am aware even here there are many people who want to disagree), art is one of those things where our gender really should not play any significant role at all. And within the past decade things have started to change even on this front and even on the more conservative arenas such as Bukowskis - the top Nordic auction house.