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Michael Jackson Executors Want 10%

1/22/2010 6:19 PM PST BY TMZ STAFF

Michael JacksonMichael Jackson's executors want 10% of the profits from most things Michael Jackson.

In legal docs filed today, lawyers for John Branca and John McClain asked the court to green light compensation to the tune of 10% of all profits, excluding profits from "This Is It" and profits from the Sony/ATV and Mijac catalog.

Howard Weitzman, Branca and McClain's lawyer, notes that the estates of other big musicians pay out 15 to 25 percent of profits to people who run their businesses after death.

110 COMMENTS

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16.

T    

they are not part owner of his estate,they are simply employees,they should not get a cut from anything,but they should be given a salary
how dare they ask for millions of dollars as employees while michael's kids get 60k a month?are they insane?
i see trouble when his kids are of age to inherit,these lawyers will fight them tooth and nail and win,becoz they are lawyers
pay them their 500 dollars an hour,not a penny more.

1645 days ago
17.

WillOTheWisp    




Well, Michael...as the days go by there's still no retribution for your death, and there is absolutely no other talent like yours, and we’re witnessing people scratching for a piece of your hard earned money, we fans, just want you to know that we’re still believing in justice and love. We want you to know this video pretty much describes how your true fans feel now that you’re gone and we must carry on.
http://www.youtube.com/watch?v=IR5_rTCi-Bo
Great song Sade!

1645 days ago
18.

KAYE    

TMZ.. you were wrong when you posted that story TWO WEEKS ago about Dr Murray facing charges. What happened with that?

MICHAEL... i will not forget you and we fans will not rest until JUSTICE is served. You deserve JUSTICE.

1645 days ago
19.

wheat thin    

I bet Jacko is literally stewing and boiling in his casket...after all being frozen for a while just makes goop. All those drugs and embalming fluid...perfect recipe...gonna blow the MF lid off.

1645 days ago
20.

Pearl Jr    

Hmmm!!! Wow what a bonanza!!!

Spreading the truth to protect the legacy!

DVD, "Michael Jackson The Trial and Triumph of the King of Pop" available on amazon.com, itunes, your cellphone, retailers

www.MichaelJacksonInsider.com

1645 days ago
21.

Mikey    

Let Joe Jackson run it for the 10%.

1645 days ago
22.

DaxHamel    

Conan's Veyron Mouse was loaned to the show by the Petersen Museum.

If Conan really would've bought the Veyron who would get to keep it?

1645 days ago
23.

Saliva    

Nobody works for free... would you?

1645 days ago
24.

murray    

#4 Oh Well shut up!!!!!!

1645 days ago
25.

murray    

STOP MTV FROM TAKING THE KING OF POP TITLE FROM MICHAEL JACKSON!!!
please sign the petition:

http://www.thepetitionsite.com/1/mtv-should-be-stopped

MICHAEL JACKSON KING OF POP!!!

1645 days ago
26.

Fred Farkel    



#22?

Let Joe manage things???? ;-)

LMAO

Nah.

Give Joe his allowance, but let's skip the management thing!!! :-O

1645 days ago
27.

Lee Lee    

Hang on a minute...they want more of a cut of the money, but yet they are putting the call out for young people to come in and help make the estate make more money??????

So i understand that they have been getting paid for there services.....why do they want more???

1645 days ago
28.

Helen    

IS MICHAEL JACKSON'S WILL VALID, Part 2
(Branca's signature looks like 2 initials from MJ will)
http://www.youtube.com/watch?v=IXjSmUUJuPo

IS MICHAEL JACKSON'S WILL VALID, Part 3
(2003 investigation & termination Letter to John Branca)
http://www.youtube.com/watch?v=tVGHcdZEHIs&feature=related


ANF THEIR MASK FALLS!




1645 days ago
29.

Peace*Love*Starbucks    

How is this news?! Is there ever a day when you dont talk about his money?!!
How about talking about the kick a** tribute, that there going to have for Michael Jackson, at the Grammys next Sunday in 3D?!!

SMH at TMZ !

And I argee w/ LORENZO a 1000% !!

1645 days ago
30.

DawnB    

10 percent sounds reasonable to me.

1645 days ago
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