Gregory Alleges Conspiracy To Destroy Michael Jackson’s Career

Dick Gregory thinks Michael Jackson has been framed. “He’s a good man and I feel that he’s been the target of a conspiracy to destroy his career,” the activist and comedian told Final Call, the official newspaper of the Nation of Islam, “Michael Jackson did something that no one thought a black man would do. He purchased the Beatles catalog for $48 million and today it is worth $1.5 billion. He didn’t know when he bought it that the Beatles owned Little Richard’s music. Michael gave it back to Little Richard, who is very happy now. Michael also owns the Elvis Presley catalogs. A Black man owns (the music of) two of the most important music figures in the world and anytime something is played by either of them, Michael gets paid. Previously when Michael needed money to produce an album he could go to Sony and borrow the money. They came to him with a deal that he would have to put up collateral for future loans; he put up the catalogs as collateral, not all of the catalogs, but enough of them for him to lose control if he forfeits the loans.” Read more.