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Jackson's Beatles Songs -- Let it Be

Posted Sep 14th 2009 6:55AM by TMZ Staff

Jackson's Beatles Songs -- Let it BeMichael Jackson's publishing catalog will not be sold to pump up the assets in the estate, according to sources familiar with the probate.

We're told several family members are questioning why the estate appears, as one put it, "in the red." Sources knowledgeable with the estate acknowledge a "huge amount of debt" as creditors claims continue to come in.

But, we're told, in the end, if all the assets were sold the estate would definitely be flush with cash. HOWEVER, sources say the publishing catalog -- notably the Beatles' songs -- will not go on the auction block. Sources say it's an asset that is worth way more to Jackson's kids in the long run than the cash it would generate now.

The honchos in the estate, we're told, are confident it will be fueled by an influx of cash over the next year or two -- the amount of time it will take to wrap probate up.

Until probate ends, family members will have to make due with their allowances.

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Tags: allowance, beatles, beatles songs, BeatlesSongs, kids, michael jackson, MichaelJackson, probate, publishing rights, PublishingRights, songs

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1. for a complete recap of VMA's click here:

http://invazion.wordpress.com/2009/09/13/b-yonest-newz-mtv-vmas-2009-recap/

Posted at 6:58AM on Sep 14th 2009 by letZ BYONEST

2. the man never sold it when he was alive and in his 'so-called debt' so why sell it now? just let it be. only the kids will decided when they grow up.

Posted at 7:08AM on Sep 14th 2009 by addy

3. STILL THE WORST FAMILY OF THE YEAR AWARD GOES TO........the ENABLING JACKSONS, for consistently ignoring and enabling Michael Jacksons addictions just to stay in his good graces and on his payroll. Now the Jacksons family is being targeted for tainting evidence and no criminal charges of Murder, Homicide, Manslaughter nor Moonwalking will be filed. NO JUSTICE FOR MICHAEL....NO JUSTICE FOR MIHCAEL......RIP MICHAEL JACKSON, I am so sorry that no one cared enough about you to put you in rehab and save your life.....People it is done all the time to prevent a tragedy.

Posted at 7:05AM on Sep 14th 2009 by Enabling Jacksons

4. Who cares, Michael Jackson aint gonna be spending any of the money, he's dead. The estate can purchase him a real nice nose since they lost the other one. Now if we can figure out a way to get Serina Williams and Kanye West to croak on an overdose the would will be "3" times better off.

Posted at 7:05AM on Sep 14th 2009 by donald

5. funny how someone such as MJ is supposed to be so talented....yet his biggest and most important asset is the BEATLES catalog of music......speaks volumes......long live The Lads from Liverpool!!!!

Posted at 7:17AM on Sep 14th 2009 by bernie

6. MJ at the end of the day is just a looser. Weak and pathetic.

For most of his family.... F U.

Posted at 7:22AM on Sep 14th 2009 by JC

7. that asset is only valued at ( $ 238 million dollars ), far less then the media's and family thinks!.

Posted at 7:33AM on Sep 14th 2009 by chris

8.
If only spammer scum would be taken care of my Dr Murray...

Posted at 7:34AM on Sep 14th 2009 by shuffler

9. MJ at the end of the day is just a looser. Weak and pathetic.
For most of his family.... F U.
Posted at 7:22AM on Sep 14th 2009 by JC
-------
You, at the end of the day, are a nameless TMZ commenter that can't spell.

Cheers.

Posted at 7:35AM on Sep 14th 2009 by shuffler

10. Joe Jackson is planning of releasing an album "Michael, Live from the Grave". or "No nose is good nose". Wonder what they ever did with his brain?

Posted at 7:47AM on Sep 14th 2009 by Ricky Ramos

11. Good to hear. Branca & mcclain should NOT listen to the Jackson family. Once Katherine is gone, they won't get a penny from the estate. The objective should be long turn investments for the children.

MJ sold over 15M albums worlwide since hsi death..and the Beatles are selling their new remastered albums..all additional income for the estate. There is ABSOLUTELY no need to sell the catalogue.

Posted at 7:48AM on Sep 14th 2009 by marieant0811

12. michael might have died and people cry a lot and wonder why him,but i think it fair because at somepoint we all are gonna die,and it will be good enough if we life that has a mark like that of jack.So we rather have to look back at the possitive side of the incidence.Lets live our life that people should remember us someday

Posted at 9:56AM on Sep 18th 2009 by viva

13. all the below is very true, but the fact remains, that at the end of this day, JC will still be alive and not in a cold grave dead from an overdose and for sure will still have his nose attached. HA

11. MJ at the end of the day is just a looser. Weak and pathetic.
For most of his family.... F U.
Posted at 7:22AM on Sep 14th 2009 by JC
-------
You, at the end of the day, are a nameless TMZ commenter that can't spell.

Cheers.

Posted at 7:35AM on Sep 14th 2009 by shuffler

Posted at 7:51AM on Sep 14th 2009 by just sayin

14. Well, those rented Rolls Royce phantom don't come cheap.

Anyway, the family has no say in the estate. It is all Branca & McClain...Katherine should enjoy her allowance in the meantime. Might be the only thing she will ever get.
Once her 40% reverts back to the kids, it should be good.

We're told several family members are questioning why the estate appears, as one put it, "in the red."

Read more: http://www.tmz.com/2009/09/14/michael-jackson-beatles-songs-estate-probate-kids-publishing-rights/1#c21590099#ixzz0R54eTbQc

Posted at 7:51AM on Sep 14th 2009 by marieant0811

15. lmaooo @ SHUFFLER u said it !!!!!!

Michael Jackson was an amazing person who was misunderstood yes his family couldnt help him doesnt mean they didnt try to we will never know the surrounding circumstances especially with all the rumors going around...all we can do now is remember the person he was and honor him for that...may he rest in peace and his spirit live on...i hope his family gets everything on the right track...

and yeah his most valuable asset is the beatles catalog doesnt mean what he did wasnt valuable .... his concerts wouldve been the best come back concert of all time ... unfortunately it wasnt to happen..hopefully this new movie will proof to all these haters and media circus that Michael Jackson only wanted to do what he loved and that was to perform

i love you michael jackson

Posted at 7:54AM on Sep 14th 2009 by sammy

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