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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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76.

HumanNature    

Hey Harvey/TMZ

DONATE MONEY TO HELP THE PEOPLE OF HAITI!!!

MJ's LOVE = WORLD WIDE LOVE

(( LOVE HUG ))

1652 days ago
77.

sue    

goodnight everyone!!! think of michael and let him way heavy on your heart and give to the people in haiti!!!lets make him proud!!!god bless you all- sue from tampa

1652 days ago
78.

Linda Lovelest    

* "10% of the profits from most things Michael Jackson" is compensational beans in comparison to the almost incomprehensible financial "miracles" that this executive team has performed. They turned a most dire financial situation into an eternally never depleted MJ pot of gold at the end of the rainbow and will continue to do so.

1652 days ago
79.

holmes    

duh..this is normal procedure.. lawyers/executors don't do things for free..

why do you think Priscilla Presley begged Vernon Presley make her the executrix of Elvis' estate-- for that 10% and having an income ..

nothing new here.

1652 days ago
80.

April    

10% is very fair considering the work they are doing. Now I want to know how much they are donating to Haiti - we all know that if MJ was around today, he'd be helping.

1652 days ago
81.

Daphne Lorincz    

If TMZ start pursuing photos like these then these two executers will stop pushing the boundaries.
Posted at 5:46PM on Jan 22nd 2010 by L

Read more: http://www.tmz.com/2010/01/22/michael-jackson-executors-ten-percent-estate-profits/4#comments#ixzz0dPvI3ros

Why is that?

1652 days ago
82.

Daphne Lorincz    

why do you think Priscilla Presley begged Vernon Presley make her the executrix of Elvis' estate-- for that 10% and having an income .
nothing new here.

Posted at 11:39PM on Jan 22nd 2010 by holmes

It was the right thing to do, having the mother of his little daughter (LMP was only 9) to become one of the executors. MJ could have done that too, except, didn't some of the posters said that he didn't really want any one of his family to get involve with his business (looking after his estates) this is like business allright.

1652 days ago
83.

janicebyrne01    

I trust Branca and McClain. 10% doesn't sound too unreasonable for all the work they're doing now and during Michael's life.

1652 days ago
84.

holmes    

daphne--you got it wrong.. Vernon was the executor of elvis' estate(as w ell as his book keeper by the waY) Prissy begged Vernon when he was dying..to b e the executrix..so she took over vernon.

as for this MJ Will.. those kids are s till minors.. won't be long.. when they are adults..we don't know what provisos MJ made for his kids to take over. but true--MJ never wanted his clan to get involved with his personal business after he left the Jacksons.

1651 days ago
85.

holmes    

what's more-Elvis didn't leave anything t o Prissy in his will..& that estate was pretty much broke..so there w as good cause Prissy would want t o t ake over--and want t hat estate to earn $$'s hnece the opening of Graceland which was a billiant idea.. Prissy got her 10% cut as income annually.. she made her daughter very rich.

1651 days ago
86.

emmasn    

Who ALL owe money at some point.

1651 days ago
87.

nan    

holmes....glad to see you posting..is priscilla still in charge or is lisa marie running the show now..priscilla was already divorced from elvis..frankly i am surprised vernon did not put someone else in charge

1651 days ago
88.

ADRIANA    

MJ LOVED THE WORLD WITH ALL HIS HEART, it was an UNCONDITIONAL LOVE and he really wanted to HEAL IT, STOP WARS and DESTRUCTION and have people find a common ground IN LOVE and GOODNESS and SHARING !

He was a great man.

People he cared for abused his trust & deceived him, his father abused him verbally and physically; and, worst of all the media/press raped and stripped him of his dignity publicly and hounded him mercilessly.

And through it all he SMILED!

I wonder how many of us would withstand the same introspection into our lives and how we would handle the pain. Before we cast stones at MJ, we should imagine ourselves in his life and ask ourselves how would we manage it?

Only THOSE WITH NO SIN CAN JUDGE him, not us.


Michael, you were too good for this world, for the people here, for the decadence of the community around us. You are finally up with the angels, where you belong, may you RIP ! We will do our best to CARRY ON YOUR LOVE and SELFLESSNESS and teach it to our little ones.

1651 days ago
89.

moee    

They are EXCELLENT executors! They, ALONE, have made MILLIONS for MJ! MJ (may he rest in peace) WANTED THEM...He KNEW HOW GOOD THEY ARE!

There are 2 of them...that's only 5% each?...THAT IS VERY CHEAP! The adverage is 20-40% per 1 executor. They are WORKING NON-STOP for MJ to ensure his mom and kids are taken care of! Thanks to them, and ONLY THEM, will there be an estate!

Joe, the OLD COOT NEEDS TO MOVE ON AND THE REST OF THE LAZY BROTHERS AND LATOYA NEED TO GET A REAL JOB...THE GRAVY TRAIN IS OVER!!! I'm so glad the executors are fighting off Joe's allowance! He deserves 0! Germaine needs to pay child support on his own! MJ is NOT responsible for that...KEEP IT ZIPPED!

MJ wishes should be upheld and his EXCELLENT executors are making sure of that! May MJ be in peace...He SEES EVERYTHING THAT'S GOING ON!

His will stipulates any money is for his MOM and HIS 3 CHILDREN! That Judge is really cool because he is ensuring MJ wishes are carried out...THANK GOD!!! It's MJ'S MONEY and he EARNED IT!!!

MJ WAS THE BIGGEST TALENT...EVER!!! NOBODY WILL EVER COME CLOSE TO HIM...EVER!!! I miss him so much!

1651 days ago
90.

Pink Daisy    

11. You mean they don't want to do it for free?

How dare they!

Unusual that they only want 10%... huh?

Posted at 4:10PM on Jan 22nd 2010 by Rooster

It is unusual. Unusual enough to be suspicious?

1651 days ago
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