Clarification on Mijac – Sony/ATV Information.

There have been a great deal of questions regarding the Mijac catalog and reports in the press of it moving to Sony/ATV, And Gayle along with Jeff from the Online Team have shared some useful information on the fact after contacting John Branca. A huge thank you to Gayle over at MJOnline – The Official Online Team of the Michael Jackson Estate® for sharing this information and allowing me to update all of the visitors on information about this.

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.