Sony May Come to Michael Jackson's Aid

21/12/2005

BUM

According to several sources, singer Michael Jackson may be rescued from heavy financial debt by Sony.

According to Fox News, The multinational looks set to make a payment of $270 million to clear Jackson's debt. Sony and the pop singer are business partners in the Sony/ATV Music Publishing company.

BBC News is reporting that Jackson may lose 50% of his Beatles catalogue if he defaults on his outstanding loans.

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Previous news for Michael Jackson

	News for Michael Jackson after the 24/11/05
24/11/05	Michael Jackson Faces Another Lawsuit
15/11/05	Michael Jackson Caught out in Ladies Toilets
15/11/05	Michael Jackson Buys an Island
25/10/05	Michael Jackson Settles Antiques Claim
10/10/05	Michael Jackson Knocked Down by Fans
	News for Michael Jackson before the 10/10/05

All star news

21/12/05	Gwen Stefani : Gwen Stefani Is Expecting
21/12/05	Josh Hartnett : Scarlett Johansson Moving In with Josh Hartnett
21/12/05	Charlize Theron : Charlize Theron Turns Down James Bond
21/12/05	Kylie Minogue : Kylie Minogue Wants to Record New Album
21/12/05	Britney Spears : Britney's 20 Million-Dollar Lawsuit
	News before 21/12/05

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