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Tuesday, June 30, 2009

Jackson's will puts assets in trust

Fans remember Michael Jackson during the Michael Jackson public memorial at Apollo Theater in New York Reuters – Fans remember Michael Jackson during the Michael Jackson public memorial at Apollo Theater in New York …

LOS ANGELES – The first hints about Michael Jackson's final wishes surfaced Tuesday in a will he signed nearly seven years ago to the day, and although details won't be available until the document is filed in a court, there's nothing to indicate that its instructions are at odds with the hasty arrangements made by the singer's mother and father.

The will gives guardianship over his children to the singer's mother and leaves all his assets in a trust fund, a person with knowledge of the document told The Associated Press on Tuesday.

The will was signed on July 7, 2002, and named as executors Jackson's longtime lawyer John Branca and John McClain, a music executive and a family friend, said the person, who spoke on condition of anonymity because he was not authorized to speak on the topic.

The will surfaced just a day after the family said in court documents it believed the 50-year-old entertainer had died without a valid will and moved to take control over his lucrative, but debt-encumbered estate.

In response, Judge Mitchell Beckloff granted Jackson's 79-year-old mother Katherine Jackson temporary guardianship of her son's three children, who range in age from 7 to 12.

The judge also gave her control over some of her son's personal property that is now in the hands of an unnamed third party. But the judge did not immediately rule on her requests to take charge of the children's and Jackson's estates.

The move by Jackson's family to proactively take legal action does not seem to be conflict with the singer's stated desire to have his children put under his parents' care and their financial welfare assured.

Experts said the personal bankruptcy of Jackson's parents in 1999 could work against Katherine taking control of the estate.

Court documents show Katherine and Joe Jackson filed for Chapter 7 and listed nearly $24 million in debts that included court judgments, auto loans and credit cards. The only valuable asset listed was a house in Las Vegas then valued at $290,000. The bankruptcy was terminated in March 2007, but the documents gave no further details.

"I think it would be a negative factor but not necessarily a disqualifier," said Beth Kaufman, a Washington, D.C.-based attorney specializing in estate tax issues. "It could indicate that she is not capable of sound financial management."

The will's contents became known on a day that a flurry of vehicles, heavy construction equipment and workers were spotted going in and out of Jackson's Neverland Ranch.

More than a dozen vehicles, including a tractor, a cement mixer and a backhoe were seen Tuesday. One bore a phone number that rang at a custom ironworks company. Gardeners and police also were spotted on the grounds.

There has been intense speculation since Jackson died Thursday over where and when a memorial service will be held. It's also not known where he will be buried.

Members of Jackson's family met Tuesday with officials from the police and California Highway Patrol about funeral services but "details are still pending," according to Fran Clader, a spokeswoman for the patrol.

Officials from the Santa Barbara County board of supervisors, the county executive and law enforcement also met Tuesday to discuss the possibility of restricting parking along parts of Figueroa Mountain Road, which runs past Neverland.

County Executive William Boyer said the meeting was to prepare in case a public event was staged at the ranch, which would overwhelm the two-lane narrow road with media and fans. He said he was not in contact with the family and was not aware of their wishes.

It was unclear whether Jackson could be legally buried at the ranch. California Funeral Directors Association executive director Bob Achermann said state law would prohibit Jackson's uncremated remains from being interred at Neverland.

The state's health and safety code makes interring any uncremated remains outside of a cemetery a misdemeanor, he said. Cremated remains can be kept in a home or private mausoleum outside a cemetery, he said.

At once a symbol of Jackson's success and excesses, Neverland became the site of a makeshift memorial after his death. Scores of fans have streamed past the gated entrance to leave handwritten notes, photographs, balloons and flowers.

Jackson fled the ranch — and the country — after his acquittal on charges that he molested a 13-year-old cancer survivor in 2003 at the estate after getting him drunk.

Also Tuesday, it was learned that Jackson was recently in shaky financial health. In the most detailed account yet of the singer's tangled financial empire, documents obtained by the AP show Jackson claimed to have a net worth of $236.6 million as of March 31, 2007.

Since that time both Jackson's debts and assets grew substantially — he refinanced loans later that year that increased his debt load by tens of millions of dollars, but the Sony/ATV Music Publishing joint venture he is a part of also spent hundreds of millions acquiring new songs.

Jackson's own health was a concern in his final days. A nutritionist who was working with the singer as he prepared his comeback bid said Jackson was so distraught over persistent insomnia in recent months that he pleaded for a powerful sedative despite warnings it could be harmful.

Cherilyn Lee, a registered nurse whose specialty includes nutritional counseling, said she got a frantic phone call from Jackson four days before his death that made her fear that he somehow obtained Diprivan or another drug to induce sleep.

Lee said Jackson in the call complained that one side of his body felt hot and the other side was cold, prompting her to believe the "somebody had given him something that hit the central nervous system."

"He was in trouble Sunday and he was crying out," she said.

Meanwhile, on the other coast Tuesday, some 600 Jackson fans crammed into New York City's famed Apollo Theater for a public tribute to the performer, clutching photographs, cheering and dancing to his music at the legendary venue that launched the one-time child star's career.

"He knew he was loved, but he didn't know he was this loved," said one participant, Rosiland Sargent, 59, of West Orange, N.J.

SOURCE HERE

Monday, June 29, 2009

Michael Jackson, Dead At 50, Was Hugely Popular Across Former Soviet Bloc

NEW YORK -- The sudden death of music legend Michael Jackson has sent shock waves around the globe, as fans mourn the passing of one of the world's most famous pop icons.


In the Bulgarian city of Varna, dozens of followers turned out after midnight for an impromptu vigil in memory of the 50-year-old star, who died June 25 in Los Angeles after being rushed to the hospital in a coma.

Jackson's death quickly became the most-discussed item on yandex.ru, Russia's most popular web portal, while searches for "Michael Jackson" on baidu.cn -- China's answer to Google -- increased a hundred-fold in the hours following his death.

A makeshift memorial to Michael Jackson at the UCLA Medical Plaza in Los Angeles
It has been reported that even though Russian President Dmitry Medvedev favorite rock act is Deep Purple, he's had a weak spot for Michael Jackson ever since his early student years.




He's not alone.

Jackson's 1982 album "Thriller" is the best-selling album of all time, with sales reaching 109 million.

Jackson was arguably the only American artist whose influence was as great elsewhere in the world as it was back home in the United States. And as news spread of his death by suspected cardiac arrest, people across the globe expressed a mixture of grief, confusion, and regret.

'Final' Concerts

Jackson's fortunes had faded in recent years as the childlike star was dogged by child-abuse allegations and an expensive and bizarre penchant for plastic surgery. But there were hopes that the performer would resurrect his career with an ambitious 50-concert gig at London's O2 Arena starting in mid-July.

The news of Jackson's death was met with shock and disbelief in Harlem, traditionally a citadel of African-American culture in the United States.

A sprightly middle-aged man who gave his name only as Rocky told RFE/RL that the news of Jackson's death -- coming just hours after the death of another beloved American icon, television actress Farrah Fawcett -- had left him numb:


Another resident of Harlem, 51-year old Maxine, who described herself as a "single grandmother" who also goes by the name of "Champagne," told RFE/RL she is heartbroken:


Jackson, who had performed as part of a family act since the age of 5, emerged as a major solo artist at the dawn of the music-video era. A talented dancer as well as singer, his performances were electrifying and made him a household name worldwide -- even in the countries of the former Soviet bloc.

For reasons that were never fully understood, Jackson received an unofficial blessing from communist censors, who allowed "Thriller" to be licensed and issued as a vinyl record by the Soviet recording company Melodia in 1985.

Michael Jackson's "Thriller," the biggest-selling album of all time
Jackson's popularity in Eastern Europe in the late 1980s was matched only by that of supergroup ABBA from Sweden. His stunning video clips and original dance moves inspired a generation of performers in the former communist bloc. His live concert in Moscow in 1993 sparked near-hysteria among scores of Russians hungry for a taste of Western culture.

Even when Jackson was well beyond his prime, he was still capable of attracting massive audiences. In August 1996, it was reported that more than 150,000 people attended Jackson's concert in the Czech capital, Prague. A huge statue of Jackson briefly stood in the spot where a monument to Josef Stalin had once stood.

Jackson's legal problems in the United States and accusations of child molestation did considerable harm to his reputation at home, but they had little influence on the public perception of Jackson’s music in the former communist states. His popularity transcended ethnic, racial, and political divides -- Jackson was as much adored in a Roma village in Romania as on a slick dancing floor in a Moscow discotheque.

In Harlem, where Jackson was much loved, many of the people interviewed by RFE/RL said that he was unfairly hounded by the media and that repeated accusations of child molestation were never really proven.

A 26-year-old African-American man who gave his name as Transformer told RFE/RL he listened to "Thriller" as a toddler and vividly remembers the impression that Jackson's music videos made on him as a child:



Jackson is survived by three children, his parents, and eight brothers and sisters.


SOURCE HERE

Yahoo! News reports from UCLA Medical Center

As news of the death of Michael Jackson spread, fans converged ...

As news of the death of Michael Jackson spread, fans converged at UCLA Medical Center. Allison Louie-Garcia of Yahoo! News headed to Westwood, Calif. to get their reactions.

(Yahoo! News/Michelle Barnes)


31-year-old Abe Romero holds a Michael Jackson poster outside ...

31-year-old Abe Romero holds a Michael Jackson poster outside of UCLA Medical Center. “I’m a very dedicated fan and was looking forward to seeing him in concert.

” (Yahoo! News/Michelle Barnes)


Romero’s friend, 22-year-old Matthew Daneel (R), who ...

Romero’s friend, 22-year-old Matthew Daneel (R), who is originally from South Africa, found out about Jackson’s death from a friend living in South Africa. He immediately chatted online with Romero and said: “Let’s go over there [to the hospital]; let’s pay some respect.” Romero’s favorite song: “You Rock My World.” Daneel’s favorite song: “Love is a Feeling.

” (Yahoo! News/Michelle Barnes)


24-year-old medical student Mansour Jammal was at the hospital ...

24-year-old medical student Mansour Jammal was at the hospital at the time of Jackson’s death. “Nobody thought it was true at first,” he said. “I just went outside to see all the commotion.” Jammal’s favorite song:

“Beat It” (Yahoo! News/Michelle Barnes)


Olivier Tarpaga, a West African and Contemporary Dance instructor ...

Olivier Tarpaga, a West African and Contemporary Dance instructor at UCLA somberly said of Jackson’s passing: “It was a really bad surprise.

” (Yahoo! News/Michelle Barnes)


49-year-old Yoshako Plair (L) said a random man gave her a flower ...

49-year-old Yoshako Plair (L) said a random man gave her a flower and simply said it was “for Michael.” “Afterwards, we just hugged,” Plair said. “His death is like the devastating loss of a family member. We want to show our love. We’re here because we want to be a part of history.

” (Yahoo! News/Michelle Barnes)


Fans taking cell phone photos and members of the media crowd ...

Fans taking cell phone photos and members of the media crowd the entrance of UCLA Medical Center. A chant of 'Michael! Michael!' broke out soon after.

(Yahoo! News/Michelle Barnes)


30- year-old Maya Wunstell is taking an anatomy class at the ...

30- year-old Maya Wunstell is taking an anatomy class at the hospital, and she was patiently waiting among the crowds for her class to start.

(Yahoo! News/Michelle Barnes)


38-year-old Erica Renaud claims to be Michael Jackson’s number ...

38-year-old Erica Renaud claims to be Michael Jackson’s number one fan. Originally from Brooklyn, N.Y., Renaud said she’s been to almost all of Jackson’s concerts, has all of his original albums, and has portrayed him many times at Halloween. “We’re not going to leave until we see something…something Michael Jackson. I will stand here for days and days if I have to. There will never be another Michael Jackson.

” (Yahoo! News/Michelle Barnes)

Renaud then sang a line from her favorite song, “I’ll ...

Renaud then sang a line from her favorite song, “I’ll be There” and screamed “Michael, I will be there for you.” She then danced some of her favorite Michael moves. “When I found out that he died, I sped over here as fast as I could; I had to get vicious on the roads, sorry Michael. ” (Yahoo! News/Michelle Barnes)

Renaud’s daughter, 18-year-old Jade Vargas said, “I’ve ...

Renaud’s daughter, 18-year-old Jade Vargas said, “I’ve been a Michael Jackson fan since I was in a walker! I mean, my mom was president of his fan club!”

(Yahoo! News/Michelle Barnes)


All Pictures source from HERE

Jacksons gain children, estate as fight begins

Jacksons gain children, estate as fight begins AFP – Joe Jackson (C), father of music legend Michael Jackson, after a news conference outside the Jackson …

LOS ANGELES (AFP) – Michael Jackson's family won temporary custody of the star's children and estate as the first legal shots were fired in the fight arising from the icon's death.

The court rulings came as the investigation intensified into what killed the King of Pop last week, with coroners collecting two bags of medication from Jackson's home as evidence.

A Los Angeles Superior Court judge named the star's 79-year-old mother Katherine temporary guardian of his three children and his estate, which includes the Neverland ranch and rights to songs by The Beatles.

The judge, Mitchell Beckloff, set a July 6 hearing to make a final decision.

It was unclear whether Jackson had a will. The family told the court that Jackson did not have one, but at least one of the pop star's many lawyers reportedly said there was one under wraps.

Family patriarch Joe Jackson applauded the court decision to make his wife Katherine the temporary guardian of their grandchildren, Prince Michael, 12, Paris, 11, and Prince Michael II, 7.

"This is where they belong," Jackson told reporters. "We're going to take care of them and give them the education they're supposed to have."

Jackson's former wife of three years, Debbie Rowe, is the mother of the two eldest children, while the third was born in 2002 to a surrogate whose identity has never been made public.

Rowe, a dermatologist who met Jackson when he was under treatment, has kept a low profile since their divorce. But she appealed through her lawyers to let the children mourn their father in peace.

Rowe "requests that Michael's family, and particularly the children, be spared such harmful, sensationalist speculation" about their status, lawyer Marta Almli said.

Another attorney expected Rowe to make a decision on her next step in the coming days.

Legal experts say that Rowe, as the biological mother, would have a strong chance to gain custody of her two children. A court battle could also unearth ugly details about Joe Jackson, who the pop singer said beat him as a child.

Joe Jackson on Monday hit back at fan criticism that he has been insensitive over his son's death, calling him a "superstar."

The father said that no funeral date would be set until results of a second autopsy out on his son were complete.

"We're not ready for that yet because we're trying to wait on something else. We're searching to see what happened to Michael," he said outside the family home.

Reports have said Jackson's family is considering a series of simultaneous memorial services around the world for the singer, reflecting the huge global reach of an artist who sold more than 750 million records.

"It is the determination of the family to be careful and deliberate on how they plan his celebration of life, because we're talking about a historic figure that really changed pop culture around the world," family representative and prominent New York politician Al Sharpton said.

"This is not something you do carelessly and spontaneously. We must remember they are still grieving and in their grief, determined to uphold his legacy."

The Jackson family already has hired a private pathologist who has carried out a second autopsy on the body.

The Los Angeles Coroner's office on Monday carried out two bags of medication from Jackson's house. Craig Harvey, the coroner's chief investigator, said only that it was "additional medical evidence" in the case.

Speculation has been rife that excessive use of powerful prescription pain killers may have played a role in Jackson's death.

But a lawyer for personal physician Conrad Murray -- who was with Jackson in the hours before his death -- went on the attack, insisting his client was blameless.

Murray "never prescribed nor administered" two particular drugs -- Demerol or Oxycontin -- to Jackson, attorney Edward Chernoff said.

"There's nothing in his history, nothing that Dr Murray knew, that would lead him to believe he would go into sudden cardiac arrest or respiratory failure," Chernoff told CNN.

"There was no red flag available to Dr Murray, which led him to believe he would have died the way he did. It's still a mystery how he died."

He also defended how Murray responded to the immediate crisis after Jackson lost consciousness last week, recounting step-by-step the failed effort by the doctor to revive the singer.

The coroner's office meanwhile strongly denied a report in Britain's Sun tabloid, which said pathologists had found nothing in Jackson's stomach but partially dissolved pills.

SOURCE HERE

Jackson's mother wins temporary control of estate

Lara Khalaf lays flowers at a memorial for deceased pop star Michael Jackson outside the Jackson family home in Encino Reuters – Lara Khalaf lays flowers at a memorial for deceased pop star Michael Jackson outside the Jackson family …

By Jill Serjeant Jill Serjeant

LOS ANGELES (Reuters) – Michael Jackson's mother Katherine on Monday won temporary guardianship of the late singer's children and control of his estate as a legal battle over his kids, money and belongings began to take shape.

Katherine Jackson won the first round in what could become a protracted fight over an estate that could be valued in the hundreds of millions of dollars. It is unclear if Jackson drew up a will before he died.

Questions about the singer's health prior to his death resurfaced Monday when Celebrity Website TMZ.com reported that Los Angeles County coroner officials returned to Jackson's rented home looking for more medication.

Four days after the singer's death from cardiac arrest, his father, Joe Jackson said the family was awaiting results of a second, private autopsy, and he expected to get details "real soon." He said funeral arrangements had not been made.

"We don't have a timeframe for that (the funeral) because I want to see how this autopsy is coming out," Jackson said after a family meeting at his home in suburban Los Angeles.

Two autopsies have been carried out on Jackson's body, one by the coroner's office and a second by a private pathologist. Speculation about what caused Jackson's heart to stop has centered on his prescription drug use, but toxicology tests are expected to take several more weeks.

The pop star died on Thursday at his rented Los Angeles home, days before kicking off a string of concerts in London that were designed to revive a career grounded by his 2005 trial and acquittal on child molestation charges.

On Monday, promoters AEG Live released pictures from a dress rehearsal two days before Jackson's death. Jackson looks thin, but much like his typical singing and dancing self. AEG Live declined to comment on reports it had video footage of the rehearsals that could be released on DVD.

JACKSON'S MOM WINS TEMPORARY CONTROL

A Los Angeles Superior Court judge on Monday approved the appointment of Katherine Jackson as temporary guardian of Prince Michael, 12, Paris Katherine, 11, and Prince Michael II, 7, pending a hearing next week.

Katherine Jackson was also named "special administrator" of her son's estate until a July 6 hearing, but the court order stipulated that she was not to take possession of money or property, except as permitted by the court.

In her court filing, Katherine Jackson said she was seeking control of funds "for the exclusive use of the decedent's children" and was concerned about bank accounts controlled by unnamed "third parties."

Jackson was reported to be as much as $500 million in debt when he died, but his estate has been estimated at $1 billion or more and is likely to rise following his death. Court papers list the value of the estate as "unknown."

His two eldest children were from his marriage to Debbie Rowe and the third is from an unidentified surrogate mother. In court papers, Katherine Jackson said the children had "no relationship with their biological mother," and it was unclear whether Rowe would also seek custody of the kids.

"Whoever has ultimate custody of these children, who are probably going to be the beneficiaries of his estate, will get control of his money to care for the children. So to that extent, whoever the permanent guardian will be will have tremendous sums of money to take care of the children," entertainment attorney Jerry Reisman told Reuters.

Jackson's court filing indicated the "Thriller" singer died without a will, but media reports said a former Jackson lawyer, John Branca, possessed a will signed by the pop star. Branca did not return calls on Monday.

Meanwhile, the Los Angeles coroner's office dismissed as inaccurate a Monday report in Britain's Sun newspaper that said Jackson was almost bald, emaciated and that his hips, thighs and shoulders were riddled with needle wounds when he died.

Assistant chief coroner Ed Winter said the details did not come from the private or county autopsies. "I don't know where that information came from, or who that information came from. It is not accurate. Some of it is totally false," he said.

(Additional reporting by Dan Whitcomb)


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Jackson's family moves quickly to take charge

In this handout photo provided by AEG, pop star Michael Jackson rehearses at the AP – In this handout photo provided by AEG, pop star Michael Jackson rehearses at the Staples Center in Los …

LOS ANGELES – Michael Jackson's family moved quickly Monday to take control of his complicated personal and financial affairs, winning temporary custody of his three children and asking a judge to name the King of Pop's mother as administrator of his estate. In documents filed in Superior Court, Jackson's parents said they believe their 50-year-old son died without a valid will.

They also made it clear they believe they should take charge of both his debt-ridden but potentially lucrative financial empire and act as permanent caretakers of his three children.

Judge Mitchell Beckloff granted 79-year-old Katherine Jackson temporary guardianship of the children, who range in age from 7 to 12. He did not immediately rule on her requests to take charge of the children's and Jackson's estates.

Beckloff scheduled a hearing for July 6 and another for Aug. 3 to consider those issues and whether Katherine Jackson should be appointed the children's permanent guardian.

L. Londell McMillan, the family's attorney, said in a statement that the Jacksons are pleased with the results of their Monday filings.

"Mrs. Jackson deserves custody, and the family should have the administration of the brilliance of Mr. Michael Jackson. Mrs. Jackson is a wonderful, loving and strong woman with a special family many of us have admired for years. The personal and legal priorities are focused on first protecting the best interests of Mr. Michael Jackson's children, his family, his memorial services and then preserving his creative and business legacy with the dignity and honor it deserves."

When Jackson died Thursday, he left behind a 12-year-old son and 11-year-old daughter by his ex-wife Deborah Rowe, as well as a 7-year-old son born to a surrogate mother.

The Jackson family said the children — Michael Joseph Jackson Jr. (known as Prince Michael), Paris Michael Katherine Jackson and Prince Michael II — are living at the Jackson family compound in Los Angeles' San Fernando Valley.

"They have a long established relationship with paternal grandmother and are comfortable in her care," the family said in court documents.

Family patriarch Joe Jackson, 79, said at a news conference that the children were enjoying playing with other kids — something they do not normally do.

The documents state that although Rowe is the mother of the two older children, her whereabouts are unknown. The document simply listed "none" for the mother of the youngest child, Prince Michael II.

Supporting Katherine Jackson in her petition bid to administer the estate was Jackson's father, Joe Jackson.

The Jacksons say they have not heard from Rowe since their son's death. Rowe's attorney, Marta Almli, did not respond to an e-mail message seeking comment Monday. She previously said, "Ms. Rowe's only thoughts at this time have been regarding the devastating loss Michael's family has suffered."

Mark Lester, a former British child star who is godfather to Jackson's children, told The Associated Press he believes they belong with Jackson's mother.

"She is a very loving, kind and gracious woman, and she had a very close relationship with Michael and a very good rapport with her grandchildren," Lester said. "I know the kids are fine. They are deeply saddened by what's happened, but they're coping."

Meanwhile, authorities continued to investigate Jackson's death. Officials with the Los Angeles County coroner's office returned to the mansion he was renting at the time of his death and left with two large plastic bags of evidence.

Assistant Chief Coroner Ed Winter said the bags contained medication. He declined to elaborate.

Lawyers for Jackson's cardiologist Dr. Conrad Murray said the physician never prescribed the powerful drugs Demerol or Oxycontin for Jackson and did all he could to revive him when he found the entertainer near death.

Attorney Matt Alford told the AP it took as long as 30 minutes for paramedics to be called after Murray found Jackson with a faint pulse and performed CPR.

The delay was partly because Jackson's room in the rented mansion didn't have a telephone and Murray didn't know Jackson's street address to give to emergency crews, Alford said.

Eventually, Murray found a chef in the house and had him summon a security guard, who called for help while the doctor continued to perform CPR.

Jackson's father told reporters at the family compound that his son's funeral was still in the planning stages.

"It will be some private, but not closed all the way down to the public," he said without elaborating.

He added that his son would not be buried at Neverland Ranch, the sprawling playground he built in the rolling hills of Santa Barbara County then abandoned after going into seclusion following his acquittal on child molestation charges in 2005.

Jackson's father also used the news conference to plug a record company he said he's founding with a business partner.

"We have a lot of good artists pitching to come out," he said.

His son, who had not released a new recording or performed publicly in years, was believed to be hundreds of millions of dollars in debt at the time of his death. However, his finances are complicated and could take years to unravel.

Clearly one of his most valuable assets is his recording catalog, which his father could potentially rerelease through his new record company if the family gains control of his assets. There could also be recordings in Jackson's estate that he had never released.

The AP learned that Jackson had finished an elaborate video production project just two weeks before he died. The five-week project dubbed "Dome Project" could be the final finished video piece overseen by the star.

There's also a financial bonanza to be had in the Sony/ATV Music Publishing catalog of which Jackson owned 50 percent. The 750,000-song catalog includes music by the Beatles, Bob Dylan, Neil Diamond, Lady Gaga and the Jonas Brothers, and is estimated to be worth as much as $2 billion.

"Quite frankly, he may be worth more dead than alive," Jerry Reisman, general counsel for the Hit Factory, a recording studio where Jackson produced his best-selling album "Thriller," said recently.

Jackson nearly lost his beloved Neverland, which was once filled with amusement park rides and wild animals, to foreclosure in March. Billionaire real estate investor Thomas Barrack bailed him out at the 11th hour, setting up a joint venture with Jackson that took ownership of the 2,500-acre property.

The ranch's future is uncertain, but three of Jackson's brothers visited the estate with Barrack over the weekend. A spokesman for the holding company that now operates it said it was premature to talk about the ranch's future.

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