Tuesday, June 30, 2009

FLASH News -- Michael Jackson, Gannett layoffs

  • U.S. retailers sold 415,000 Michael Jackson albums in the four days following his death last week, and more than 2.3 million digitally downloaded songs since his death. (And that's just the beginning...)
  • Michael Jackson had a will, drawn up by his friend and attorney John Branca in 2002, and according to this will, Michael's mother gets custody and his assets are to be placed in a private trust. It also names Branca and music exec John McClain as executors. (I would change my name...)
  • Gannett, the largest newspaper publisher in the U.S. will lay off more than 1,000 employees. (With the likes of Twitter, expect more newspaper layoffs.)

Source: BNO, The Associated Press, E!, Wall Street Journal

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