Michael Jackson’s Fiscal Fiasco

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How can music mogul Michael Jackson, a main stay in the music industry for decades and known to be one of the most successful artists in history go bankrupt?

When you live in Never Never Land, aren’t things supposed to be fun? According to Michael Jackson’s latest financial woes the answer is no. Earning large amounts of money since he was five, how can Michael Jackson have a fiscal fiasco?

It boils down to spending versus watching the bottom line. Although Jackson’s bottom line included 50% ownership in The Beatles Catalogue, a stake in the Elvis Presley and Bob Dylan Catalogues estimated to be worth ½ a billion dollars, not to mention his own catalogue how can anyone go broke? By not paying attention to the bottom line.

Jaci Rae has been talking about the bottom line in the music industry or any industry for that matter for several years. Countless hours on her radio show, aptly name The Jaci Rae – Rae of Hope Show and in her best selling music industry business manuals, The Indie Guide to Music, Marketing and Money and The Ultimate Guide to Music Success, Ms. Rae goes into great detail to help the struggling artist or star struck hopeful learn how to avoid financial disaster and still keep the creative juices flowing.

Perhaps Michael Jackson should pony up the mere $25.95 for one of the books and tune into her radio show every week. In any industry it is imperative to watch the bottom line so you won’t fall off the cliff.

Here is what Ms. Rae has to say, “In the highly competitive world of the music industry, it is never wise to sail alone. Equipping yourself with the necessary resources can ensure safe passage through the often rough waters of show business, and lead the aspiring musician straight to musical success.”

Michael, if your reading this go to: htp://http://www.jacirae.com and pick up Jaci Rae’s book on the music business. Then click on the weekly show link to hear some of the top music industry executives teach you how to make money and music. But most of all, forget the spending sprees, you’ve run out of quarters to go on the rides at Never Never Land.


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