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After court victories, Michael Jackson estate eyes revival

According to the AP, Michael Jackson’s musical legacy never left, but a kind of comeback is coming.
With a series of court victories that bring the end to serious legal crises, with a Broadway show beginning and a Cirque du Soleil show returning after a long pandemic pause, the Jackson business is on the upswing 12 years after the pop superstar’s death.
Very recently, things looked grim. The 2019 HBO documentary “ Leaving Neverland ” raised child molestation allegations anew. The once-dead lawsuits brought by the two men featured in it had been revived by changes in the law. And a decision in the estate’s appeal of a $700 million tax bill was taking years to arrive.
“I was always optimistic,” John Branca, the entertainment attorney who worked with Jackson through many of his biggest triumphs and now serves as co-executor of his estate, told The Associated Press in an interview at his Beverly Hills home. “Michael inspired the planet and his music still does. There was never any doubt about that.”
The optimism was warranted. A succession of court decisions came. One accusers’ lawsuit was dismissed in October. The other was tossed out in April. In May, a ruling in the tax case slashed the bill dramatically.
The estate suddenly stands nearly clear of a dozen years of disputes. That means Branca expects that in the next 18 months it can finally be taken out of probate court and turned into a trust for Jackson’s three children, who are all now adults.
And the focus of the estate can now shift back to presenting Jackson to the world.
The first priority is the revival of the Cirque du Soleil show, “Michael Jackson: One” at the Mandalay Bay Resort and Casino in Las Vegas. It is slated to reopen Aug. 19 after a coronavirus closure of nearly a year and a half, in time for a major celebration there planned for Jackson’s Aug. 29 birthday.
The Broadway show, “MJ: The Musical,” will follow quickly on its heels, the first of several planned projects.
Branca said the delay of well over a year, as happened for all of Broadway, was “frustrating” but he has renewed excitement about “MJ: The Musical” and shared new details.
“It’s not a chronological depiction of Michael’s life,” he said. “It’s more impressionistic, inspired by Michael’s life and his music.
It takes place as Michael is preparing for a tour and MTV wants to get an interview. Michael’s very press shy, and slowly but surely as they develop a relationship begins to talk about different parts of his life that then get enacted in the show.”
Two-time Pulitzer Prize winner Lynn Nottage wrote the show’s book. Tony Award-winner Christopher Wheeldon is directing and choreographing. Broadway newcomer Myles Frost will star as Jackson, after Ephraim Sykes dropped out to shoot a movie. Rehearsals resume in September, and previews begin in December.
Branca said he’s proud of the diversity the show will bring to the stage.
“The cast is obviously largely Black,” Branca said, “In an era where that’s sorely wanted on Broadway.”

Successes aside, Branca feels lingering bitterness about director Dan Reed’s “Leaving Neverland” and what he felt were American media outlets that “don’t have the time or the wherewithal to do the research to figure out what’s true and what’s not true.”
Hence, the estate’s last lingering lawsuit, now in private arbitration, is one that it brought itself, and one Branca very much wanted filed, against HBO over the documentary.
“I was very angry at HBO and Dan Reed and I still am because here’s the thing: You can say anything you want about somebody who’s dead. They’re not here to protect themselves,” Branca said.
The two men featured in the documentary are appealing the dismissals of their lawsuits. HBO has defended “Leaving Neverland” as a valid and important piece of documentary journalism.
Ironically, the victory handed to the estate in its tax case came in part because the judge believed the value of Jackson’s image and likeness had been severely diminished by such allegations at the time of his death, despite his acquittal at his 2005 trial for child molestation. It was one aspect of an all-around victory for the estate that’s bringing a far smaller bill that’s being calculated now.
Under the guidance of Branca and his more behind-the-scenes co-executor John McClain, the estate has brought in $2.5 billion in revenue in the past 11 years, and Jackson has remained the top earning deceased celebrity every year since his death at age 50 from a lethal dose of the anesthetic propofol.
But Branca says the way Jackson’s musical legacy echoes through modern artists may be his most impressive legacy.
“Kanye West, Drake, Beyoncé, Usher, Justin Timberlake, Justin Bieber, Ariana Grande — they all point back to Michael,” Branca said. “His influence is really enormous.”
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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