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Dr. Murray's Medical Shingle Hangin' By a Thread

1/12/2011 9:20 PM PST BY TMZ STAFF

Conrad Murray's medical career may not have flatlined -- TMZ has learned the medical boards in Texas and Nevada will not automatically suspend his license just because a California judge did.

0112_conrad_murray_TMZ_EX

Sources connected with the Texas Medical Board and the Nevada State Board of Medical Examiners tell TMZ they are weighing their options regarding the suspension of Murray's medical license.

Murray's California medical license was suspended yesterday as a condition of bail in his ongoing Michael Jackson manslaughter case.

But we're told ... because a judge suspended Murray's license and not the California Medical Board -- TX and NV don't feel compelled to follow suit and issue suspensions in their states.

We're told Murray's attorney, Charles Peckham, has been in talks with the NV med board and is making contact with TX as well -- but no word on when a final decision will be made.

94 COMMENTS

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61.

Tellit    

Michael Jackson simply dying of a heart-attack or such wouldn't have kept his multilated face and name (TII, cds, books, etc) in the publichs face for any length of time.
A controversial and mysterious "death" was needed to keep the intrigue/renewed MJ interest....
and the chaching $$$$$$$$$$$$ rolling in.

Michael Jackson hatched up death hoax as worked...BIG TIME.

1288 days ago
62.

Tellit    

Miramax purchase puts Colony Capital in the Hollywood spotlight
December 6, 2010 | 1:56 pm

With the sale of Miramax Films finally completed, the future of the pioneering independent studio will be a test of one of Hollywood’s newest sources of money: Colony Capital.

Since the 19-year-old Santa Monica investment firm in late June joined with construction magnate Ron Tutor to bid for Miramax, Colony has taken the lead in shaping the acquisition, raising money, and charting a new course for the studio.

The total purchase price for Miramax and its 700-plus film library was $663 million, which included some cash generated by the Walt Disney Co. division since negotiations began.

The deal's lead investor was the Qatar government’s sovereign wealth fund, which was recruited by Colony founder and Chief Executive Tom Barrack. Together, the Qatar fund, Colony and Barrack himself provided the majority of the $250 million in equity paid for Miramax. Most of the rest came from Tutor, who declined to comment for this article.

Though the new partners won’t operate the specialty film label, Colony principal and former Disney executive Richard Nanula will be chairman of the board.

Overseeing Miramax and its library will be Mike Lang, a former News Corp. executive who is expected to shortly be named chief executive.

Previously best known for its investments in real estate, Colony has established a new entertainment fund that was the brainchild of Barrack along with his friend, actor Rob Lowe. A portion of the fund, which is not fully financed yet, was used for Colony's investment in Miramax -- its first foray into the movie industry.

Previously, Colony's only entertainment-related deals were with celebrities whose work the firm believes has unrealized value. The firm previously took over Michael Jackson's Neverland Ranch before his death and bought debt owed by photographer Annie Leibovitz.

It is yet to be seen whether Colony's bet that Miramax has untapped value will pay off. Several other parties had considered acquiring Miramax -- including supermarket magnate Ron Burkle on behalf of Miramax founders Bob and Harvey Weinstein -- but balked at the asking price. If Miramax turns out to be a lucrative investment, it would establish Colony as a savvy investor in Hollywood as it seeks out other opportunities in entertainment and media.

“Miramax is an irreplaceable and undervalued asset and brand," Barrack said in an e-mailed statement. "We see many exciting opportunities to bring the Miramax library to viewers around the world, through both traditional and new outlets, as the way people consume media continues to evolve.”

Amid a shrinking home entertainment market, many in Hollywood have questioned whether any investment in a film library these days is a wise one. However, people close to Colony said the firm is convinced that Miramax was a largely ignored asset that will generate enough cash to repay the debt portion of the purchase within four years.

The library comes with about $300 million in revenue committed from existing deals, along with approximately $100 million in projected revenue for movies released in the last 10 years, people close to the acquisition said.
Under Lang, the new Miramax is expected to explore making a digital distribution deal with Google’s YouTube, building miramax.com as a destination site to view movies online, and launching a new cable channel devoted to its library, which includes titles such as "Shakespeare In Love" and "Chicago." The new owners will also seek a new distributor for Miramax's DVDs, a service that will continue to be handled by Disney for the next several months.

The new Miramax will have between 60 and 80 employees and about $15 million in annual overhead spending, said people with knowledge of the plans. Though executives will explore rights deals and partnerships for sequels and spinoffs based on its library, Miramax won’t finance the production of new films for at least a year, those people said.

A key figure in the Miramax negotiations was Nanula, a longtime senior executive at Disney who served as chief financial officer when the company acquired the specialty studio in 1993 from the Weinsteins.

When his boss, Barrack, gave him a green light to pursue entertainment acquisitions in late June, Nanula suggested they look at Miramax. Barrack contacted Tutor, who was already in talks with Disney to buy Miramax after a previous deal with Burkle and the Weinstein brothers collapsed.

As he had longstanding relationships with several Disney executives, including its lead negotiator, Executive Vice President of Corporate Strategy Kevin Mayer, Nanula spearheaded the talks beginning in early July. He and fellow Colony principal Justin Chang helped to shape the deal that Colony, Tutor and Disney agreed to in principle on July 23.

In the ensuing four months, many details of the purchase were reshaped, as investors originally brought in by Tutor, including Morgan Creek Productions Chief Executive James Robinson, were replaced by parties associated with Colony, most notably the Qatar fund.

Colony and Tutor plan to begin assembling their executive team in the coming weeks. Along with Lang, who has extensive experience in digital media, they are expected to hire a senior television distribution executive to sell Miramax movies to cable and broadcast networks around the world. At one point, talks were underway with Metro-Goldwyn-Mayer TV executive Jim Packer, but the two sides didn't reach an agreement.
http://latimesblogs.latimes.com/entertainmentnewsbuzz/201...
__________

Note that the key investor is Qatar government fund.....

You can bet that Michael Jackson has his finger in this pie...backed by Qatar (his friends in the MidEast, and his friends here in the US....mainly TBarrack)

Michael Jackson is not dead.
He's duped all you dumb rabid fans with his "death"...
and took his spoiled whining ass off to the MidEast and wasted no time putting together that career in the film industry that he so had his sights upon....
(after his TII tour....which btw had it been fulfilled wouldn't have come close to paying off his enormous debt, continued to take care of his family in the manner to which they were accustomed (which they are NOW even living higher off the hog then any time prior to June 25, 2009), and funded his dreamed of film career)

I'm so thankful that I'm not one of the ignorant imbeciles that Michael Jackson so counted on for taking his death scam hook line and sinker.

1288 days ago
63.

Kari    

If his medical license holds in these other states, then his patients deserve whatever they get---how stupid could you be to keep going to this man?

1288 days ago
64.

Tellit    

Jermaine is such a jackass....and remember...
the Jacksons, ALL OF THEM, have been on stage/or in front of the cameras for most of their lives...
they are actors...poor ones...but actors nonetheless.

Michael Jackson was enroute or already on a plane out of the US and probably bound for the MidEast....
when that ambulance headed to UCLA.
http://www.youtube.com/watch?v=YoNiktXWt24

1288 days ago
65.

gigi    

"Imagine thinking a man should be tried for manslughter because he gave a drug addict what he wanted."
Posted at 4:37 PM on Jan 12, 2011 by Tammy
----------------------------------------------------------------

CONRAD MURRAY IS A DOCTOR,a licensed cardiologist, NOT a drug dealer IF that is what you want to compare him with. NO doctors should be allowed to break the Code of Medical Ethics ELSE ALL life, including yours, would be at risk.

Under the code of Medical Ethics:
- A doctor must always maintain the highest standards of professional conduct.

- A doctor must practice his profession UNinfluenced by motives of profit.
a) Collaborate in any form of medical service in which the doctor does not have professional independence
b) Receiving any money in connection with services rendered to a patient other than a proper professional fee, even with the knowledge of the patient.

- A doctor must strive to use health care resources in the best way to benefit patients.

- A doctor must act in the patient's best interest when providing medical care.

1288 days ago
67.

mlayton    

WOW, so Texas and Nevada think it's okay for a doctor to kill a patient, try to hide the evidence, cover his reckless mistakes, lie to on-scene paramedics, lie to emergency room doctors, lie to the patient's family, etc? This world is all going to HELL!

Why keep blaming Michael for being addicted to Propofol? Who do you think was his PUSHER? DUH! Administering it every nite for 2 1/2 months for a large sum of money, of course. No worse than a regular drug pusher on the street. Murray deserves to lose his medical career... he's going DOWN!

1288 days ago
68.

bunny    

Far as I know, Murray hasn't been 'practicing' in California since the murder has he? So what is this all about.....precautionary???

1288 days ago
69.

S08    

Mouth To Mouth Resus - Citation
Sounding Heartbeats - Intimidations

Annie Are You Ok ?
Annie Are You Ok ?

Are You OK, Annie ?

1288 days ago
70.

judith rowe    

@james MICHAEL JACKSON is his name, and Murray was negligent in the medical care he gave MJ, HE DESERVES TO GO to JAIL FOR THIS, but he will not go to trial he will take a plea... Justice4MJ

1288 days ago
71.

Norml    

Most doctors are a joke and not real doctors anyways, but what idiot would choose this tard? Besides obtaining drugs to get high, 4 gallons of propofol, damn guess I'm in line after all.

1288 days ago
72.

HumanNature    

WHO IS THE DEFENCE GOING TO CALL AS WITNESS?????
Posted at 7:09 PM on Jan 12, 2011 by HumanNature
________________________________________________________________
@Human Nature

I think the defense team will call James to the witness stand at some point. His post is off the rails, just like Murray's defense of lies, excuses, and BS nonsense.

Posted at 7:25 PM on Jan 12, 2011 by mymjj5

WHO IS JAMES???

WHAT IS HIS FULL NAME???

1288 days ago
73.

Momma    

I agree, MJ was a drug addict, and the Jackson family are on a witch hunt. MJ's childhood abuse is to blame. RIP M

1288 days ago
74.

Vana    

True but, if a doctor loses a patient due to negligence, whose to say that he should keep practicing medicine. I would not trust Murray to give me a bandage. He neglected a rich patient. What will he do to the average person?

1288 days ago
75.

Kari    

Anyone stupid enough to want him for a Dr. deserves whatever happens to them.

1288 days ago
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