Santa Maria, CA - Yesterday, after four months of trial, the "King of Pop" was found not guilty of all counts brought up against him...
Special news broadcasts interrupted regular programming almost worldwide as the verdict on each count was announced.
"It wasn't that Michael Jackson was guilty of sleeping with boys, or that he was guilty of having adult material in his home," said one male juror. "Those were (not) the charges in the case. We were required to make our decision based on reasonable doubt as to the 10 counts."
Jackson, along with others, believe that the mother and son that brought this up are simply con artists trying to make a buck.
After all of this, Michael Jackson's financial stability, and ability to rebuild his reputation, is on top of everyone's mind. Court costs and other financial decisions have left Jackson in a deep debt, and during the past 5 years, his albums have barely sold.
According to reports, Jackson is facing a debt load of about $340 million. With his ownership of the Beatles music worth about $500 million, Jackson is faced with a difficult decision of whether or not to sell off this valuable collection.
Michael Jackson also has stake in a number of companies, such as 50% in Sony/ATV, a partnership with Sony in his label Epic Records, and ownership of Mijac Music.
"Even when his popularity wanes here, his popularity overseas has been sustained, and that's probably the place he can do the best," said veteran talent manager Ken Kragen, an organizer of the "We Are the World" charity effort built around the song Jackson co-wrote 20 years ago.
Whatever Jackson does next, he added, especially if it comes in the next several months, will "get enormous attention," Kragen said, adding, "The best thing for him to do would be something that's unexpected."
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