Foxnews.com has more details on Michael Jackson’s exploding feud with Sony Music as well as Mariah Carey’s impending second round of a lawsuit by former limo driver Christopher Selletti concerning her hit ‘Hero’. On Jackson, Friedman reports on the singer’s debt and Beatles catalog used as collateral, “Jackson will be in hock to Sony for the rest of his life. I think I’ve told readers of this column many times that Sony would not foreclose but instead let Jackson have a graceful exit from the company. To foreclose on the catalog would have been a public relations nightmare for Sony.” Read more.
Michael Jackson Close To Signing With Al Fayed
June 18, 2002 – Following Michael’s blow-up against Sony Music, MSNBC’s Jeannette Walls reports the singer flew by helicopter with Darryl Hannah and magician David Blaine to meet with Al Fayed, where he reportedly is close to signing a recording contract with the Harrod’s owner. Fayed happens to be the father of Dodi Al Fayed, who died in a car crash with Princess Diana.