Wealthy People Michael Jackson (II)

On January 27, 1984, Michael and other members of the Jacksons filmed a Pepsi Cola commercial, overseen by executive Phil Dusenberry, from ad agency BBDO and Pepsi’s Worldwide Creative Director, Alan Pottasch at the Shrine Auditorium in Los Angeles. In front of a full house of fans during a simulated concert, pyrotechnics accidentally set Jackson’s hair on fire. He suffered second-degree burns to his scalp. Jackson underwent treatment to hide the scars on has scalp, and he also had his third rhinoplasty shortly thereafter. Jackson never recovered from this injury. Pepsi settled out of court, and Jackson donated his $1.5 million settlement to the Brotman Medical Center in Culver City, California, which now has a “Michael Jackson Burn Center’ in honor of his donation. Dusenberry later recounted the episode in his memoir; Then we Set His Hair on Fire Insights and Accidents from Hall of fame Career in Advertising.
On May 14, 1984, Jackson was invited to the White House to receive an award from President Ronald Reagan for his support of charities that helped people overcome alcohol and drug abuse.
Jackson won eight awards during the Grammys that year. Unlike later albums, Thriller did not have an official tour to promote it, but the 1984 Victory Tour, headlined by The Jacksons, showcased much of Jackson’s new solo material to more than two million Americans. He donated all the funds (around $8 million) raised from the Victory Tour to charity. He also co-wrote the charity single – “We are the “World” in 1985 with Lionel Richie, which was released worldwide to aid the poor in the U.S. and Africa. It became one of the best selling singles of all time, with nearly 30 million copies sold and millions of dollars donated to famine relief. In 1986, “We Are the World” won four Grammys (one for Jackson for Song of the Year). American Music Award directors removed the charity song from the competition because they felt it would be inappropriate, but recognised it with two special honors: one for the creation of the song and one for the USA for Africa idea. Michael won the award for the creation of the song.
Jackson at the White House being presented with an award by President Ronald Reagan and first lady Nancy Reagan, 1984.
In 1984, ATV Music Publishing, which had the copyrights to nearly 4000 songs, including the Northern Songs catalog that contained the majority of the LennonMcCartney compositions recorded by The Beatles, was put up for sale by Robert Holmes a Court. Jackson had become interested in owning music catalogs after working with Paul McCartney in the early l980s. Jackson had learned McCarthey made approximately $40 million a year from other people’s songs. In 1981, McCartney was offered the ATV music catalog for £20 million ($40 million), According to McCartney, he contacted Yoko Ono about making a joint purchase by splitting the cost equally at £10 million each, but Ono thought they could buy it for £5 million each, When they were unable to make the joint purchase, McCartney let the offer fall through, not wanting to be the sole owner of the Beatles’ songs. According to a negotiator for Holmes a Court in the 1984 sale, We had given Paul McCartney first right of refusal but Paul didn’t want it at that time”.
Also, an attorney for McCarthey assured Jackson’s attorney, John Branca, that McCarthey was not interested in bidding. McCartney reportedly said ‘It’s too pricey”. But there were several other companies and investors bidding. In September 1984, Jackson was first informed about the sale by Branca and sent a bid of $46 million on November 20, 1984. Jackson’s agents thought they had a deal several times, but encountered new bidders or new areas of debate. In May 1985, Jackson’s team walked away from talks after having spent over $ I million on four months of due diligence and on the negotiations.
In June 1985, Jackson and Branca learned that Charles Koppelman’s and Marty Bandier’s The Entertainment Co. had made a tentative agreement with Holmes a Court to buy ATV Music for $50 million. But in early August, Holmes a Court’s team contacted Jackson and talks resumed. Jackson raised his bid to $47.5 million and it was accepted because he could close the deal more quickly, having already completed due diligence of ATV Music. He also agreed to visit Holmes a Court in Australia, where he would appear on the Channel Seven Perth Telethon Jackson purchase of ATV Music was finalized August 10, 1985.
198690: Appearance, tabloids, Bad, films, autobiography, and Neverland
See also: Michael Jackson’s health and appearance Jackson’s skin had been a medium-brown color for the entire duration of his youth, but starting in the mid—  1980s, it gradually grew paler. The change gained widespread media coverage, including rumors that he might be bleaching his skin. According to J. Randy Taraborrelli’s biography, in 1986, Jackson was diagnosed with vitiligo and lupus the vitiligo partially lightened his skin, and the lupus was in remission; both illnesses made him sensitive to sunlight. The treatment he used for his condition further lightened his skin tone, and, with the application of pancake makeup to even out blotches, he could appear very pale. Jackson was also diagnosed with vitiligo in his autopsy. By the mid- 1990s several surgeons speculated that he had undergone various nasal surgeries, a forehead lift, thinned lips, and cheekbone surgery although Jackson denied this and insisted that he only had surgery on his nose. Jackson claimed that he had only two rhinoplasties and no other surgery on his face, although at one point he mentioned having a dimple created in his chin. Jackson lost weight in the early 1980s because of a change in diet and a desire for “a dancer’s body”. Witnesses reported that he was often dizzy and speculated that he was suffering from anorexia nervosa; periods of weight loss would become a recurring problem later in life.
During the course of his treatment, Jackson made two close friends: his dermatologist, Dr. Arnold Klein and Klein’s nurse Debbie Rowe. Rowe eventually became Jackson’s second wife and the mother of his two eldest children. He also relied heavily on Klein for medical and business advice. Jackson became the subject of increasingly sensational reports. In 1986, the tabloids ran a story claiming that Jackson slept in a hyperbaric oxygen chamber to slow the aging process; he was pictured lying down in a glass box. Although the claim was untrue, according to tabloid reports that are widely cited, Jackson had disseminated the fabricated story himself When Jackson bought a chimpanzee called Bubbles from a laboratory, he was reported to be increasingly detached from reality. It was reported that Jackson had offered to buy the bones of Joseph Merrick (the “elephant man’) and although untrue, Jackson did not deny the story. Although initially he saw these stories as opportunities for publicity, he stopped leaking untruths to the press as they became more sensational. Consequently the media began making up their own stories. These reports became embedded in the public consciousness, inspiring the nickname “Wacko Jacko”, which Jackson came to despise. Responding to the gossip, Jackson remarked to Taraborrelli: