34 phút cách đây bởi TMZ Staff
Katherine Jackson has been bitterly complaining the Michael Jackson Estate is not giving her enough money, and now we know what she's done to supplement her income in a big way.
TMZ has obtained a contract Katherine signed with Vintage Pop Media (VPM), the company that owns tens of thousands of photos, video and other MJ items. Under the deal -- which is not sanctioned bởi the MJ Estate -- Katherine agreed to participate in the production of "The Katherine Jackson Story," some sort of MJ documentary set to music. Katherine also agreed to pen the book that was just released, "Never Can Say Goodbye."
In return for her work, VPM -- owned bởi her controversial business partner Howard Mann -- agreed to pay Katherine 25% of the net profits with a minimum monthly guarantee of $10,000-a-month. But here's what's really interesting ... there's no end ngày for the $10-grand-a-month, so if bạn read the contract literally, VPM agrees to pay Katherine at least $10k-a-month for the rest of her life.
And get this. The contract also says Katherine has the legal right to "forever bind" Michael's kids, Prince, Paris and Blanket. According to sources connected familiar with the MJ Estate, Katherine does not have the power to contractually bind Michael's kids.
Katherine is already raking in $26,000-a-month from the MJ Estate, but she's complaining she wants more. Looks like she found it.
Howard Mann tells TMZ, "This is one of several agreements with Mrs. Jackson. This was a starting point in our relationship."
Katherine Jackson has been bitterly complaining the Michael Jackson Estate is not giving her enough money, and now we know what she's done to supplement her income in a big way.
TMZ has obtained a contract Katherine signed with Vintage Pop Media (VPM), the company that owns tens of thousands of photos, video and other MJ items. Under the deal -- which is not sanctioned bởi the MJ Estate -- Katherine agreed to participate in the production of "The Katherine Jackson Story," some sort of MJ documentary set to music. Katherine also agreed to pen the book that was just released, "Never Can Say Goodbye."
In return for her work, VPM -- owned bởi her controversial business partner Howard Mann -- agreed to pay Katherine 25% of the net profits with a minimum monthly guarantee of $10,000-a-month. But here's what's really interesting ... there's no end ngày for the $10-grand-a-month, so if bạn read the contract literally, VPM agrees to pay Katherine at least $10k-a-month for the rest of her life.
And get this. The contract also says Katherine has the legal right to "forever bind" Michael's kids, Prince, Paris and Blanket. According to sources connected familiar with the MJ Estate, Katherine does not have the power to contractually bind Michael's kids.
Katherine is already raking in $26,000-a-month from the MJ Estate, but she's complaining she wants more. Looks like she found it.
Howard Mann tells TMZ, "This is one of several agreements with Mrs. Jackson. This was a starting point in our relationship."
She's Out Of My Life
She's Out Of My Life
And I Don't Know Whether To Laugh hoặc Cry
I Don't Know Whether To Live hoặc Die
And It Cuts Like A Knife
She's Out Of My Life
[2nd Verse]
It's Out Of My Hands
It's Out Of My Hands
To Think For Two Years She Was Here
And I Took Her For Granted I Was So Cavalier
Now The Way That It Stands
She's Out Of My Hands
[Bridge]
So I've Learned That Love's Not Possession
And I've Learned That tình yêu Won't Wait
Now I've Learned That tình yêu Needs Expression
But I Learned Too Late
[3rd Verse]
She's Out Of My Life
She's Out Of My Life
Damned Indecision And Cursed Pride
Kept My tình yêu For Her Locked Deep Inside
And It Cuts Like A Knife
She's Out Of My Life
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