this post was submitted on 27 Jun 2024
94 points (91.2% liked)

Music

7866 readers
80 users here now

founded 1 year ago
MODERATORS
top 17 comments
sorted by: hot top controversial new old
[–] [email protected] 29 points 1 month ago (2 children)

Likely Accounting trickery

[–] [email protected] 27 points 1 month ago

If the debt was owed to banks, then... heeee hee

[–] [email protected] 14 points 1 month ago

I took a music business class and I vaguely remember this subject. I'm pretty sure dude was actually in the hole from frivolous spending, and also partially due to the way the music rights worked out.

[–] [email protected] 24 points 1 month ago (2 children)
[–] [email protected] 11 points 1 month ago

This is the most interested I've ever been in Michael Jackson.

[–] [email protected] 20 points 1 month ago

That’s just because he was in an American hospital when he went.

[–] [email protected] 15 points 1 month ago

I saw a documentary about him once where they showed him in a Las Vegas hotel. He decided he wanted to go shopping, so they took him to the fancy art store there. We're talking paintings that cost a couple million dollars each. He walked through the store and pointed at things he liked and his handlers bought everything for him. If that was an average day for him, then I'm not surprised he was heavily in debt. They had to close everything off just for him to go places, which I'm sure also costs a fortune. Fans would get a glimpse of him walking and break down into hysterics and tears. It was quite the spectacle.