Michael Jackson estates from brink to bankruptcy to very profitable 6 years after death!

Source: TMZ

Michael Jackson died 6 years ago today, and TMZ has learned his estate went from the brink of bankruptcy to financial fortune … and his kids are now better off than their famous dad.

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Sources familiar with the financials tell TMZ, the estate has grossed nearly $2 billion since MJ’s death. The money comes from the movies “This is It,” the Cirque show “Michael Jackson: The Immortal World Tour,” 50 million albums sold and various other ventures.

After expenses, that $2 bil gets whittled down to around $800 million — which is a very good return.

But the $800 mil gets significantly cut by taxes … we’re told to around $450 mil.
MJ’s debts at the time of his death were around $500 million, so just on those 2 numbers the estate approaches being in the black.

But there are other ventures, like Sony, where the estate generates a lot of cash.
As for Michael’s kids, there’s a trust where millions gets distributed as they get older.

Our sources familiar with the financials tell TMZ … if the estate were completely liquidated today, each kid would get around $100 million.

Not a bad bounce back from the edge of bankruptcy.

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Taylor Swift decides to exclusively stream latest album in Apple!

Source: Manila Bulletin

Pop superstar Taylor Swift said Thursday she would stream her latest album only on Apple, capping an 180-degree about-turn after she threatened a boycott.

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The big loser in Swift’s reconciliation with Apple stands to be Spotify, the leader in the booming sector of streaming, which offers unlimited, on-demand music.

Swift on Sunday issued an open protest to Apple over compensation to artists on its upcoming streaming service, leading the tech giant to reverse course and step up payments.

In response, the 25-year-old singer, who had initially threatened a boycott, said Thursday that she would stream her blockbuster album “1989″ on Apple Music.

“This is simply the first time it’s felt right in my gut to stream my album. Thank you, Apple, for your change of heart,” Swift wrote on Twitter.

Swift last year pulled her entire catalog from Spotify, angry at the Swedish company’s free tier supported by advertising.

The starlet streams most of her work on rival platforms such as Google Play and rap mogul Jay-Z’s Tidal, but until now “1989″ — by far the best-selling US album of the past year — was available only on physical copies or digital downloads.

In another sign that Apple is investing heavily in streaming, Pharrell Williams said that his new single would be released exclusively on the service when it goes live on Tuesday.

Williams, best known for the viral hit “Happy,” released a video on social media to preview the song, entitled “Freedom.”

Swift insisted that she had not entered any special deal with Apple.

“In case you’re wondering if this is some exclusive deal like you’ve seen Apple do with other artists, it’s not,” she tweeted.

Swift had initially lashed out at Apple for not planning to pay royalties to artists for streams during customers’ three-month trial periods.

She said that other artists were afraid to speak out for fear of incurring the wrath of Apple, which enjoys major influence in the music world through iTunes.

A senior Apple executive within hours called Swift, who was in Amsterdam on a tour, and said the company would compensate for songs at all stages of streaming.

 

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Tom Holland is the new ‘Spider-Man’!

Source: Marvel.com

Sony Pictures and Marvel Studios are proud to announce that after a full worldwide casting search, Tom Holland will play Peter Parker/Spider-Man in the next Spider-Man film, in theaters in IMAX and 3D on July 28, 2017.  The film will be directed by Jon Watts, director of “Cop Car,” the upcoming thriller that made its debut earlier this year at the Sundance Film Festival.

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Marvel and Sony Pictures, and producers Kevin Feige and Amy Pascal conducted an extensive search for both the actor and the director.  The studios and producers were impressed by Holland’s performances in “The Impossible,” “Wolf Hall,” and the upcoming “In the Heart of the Sea,” and by a series of complex screen tests.  Following Marvel’s tradition of working with the brightest next wave of directors, Watts also went through multiple meetings with Feige, Pascal, and the studio, before winning the job.

Commenting on the announcement, Tom Rothman, Sony Pictures Motion Pictures Group Chairman, said, “It’s a big day here at Sony. Kevin, Amy and their teams have done an incredible job.  The Marvel process is very thorough, and that’s why their results are so outstanding.  I’m confident Spider-Man will be no exception.  I’ve worked with a number of up-and-coming directors who have gone on to be superstars and believe that Jon is just such an outstanding talent.  For Spidey himself, we saw many terrific young actors, but Tom’s screen tests were special.   All in all, we are off to a roaring start.”

Feige commented, “As with James Gunn, Joss Whedon, and the Russo brothers, we love finding new and exciting voices to bring these characters to life.  We spent a lot of time with Jon and find his take and work inspiring.”

Pascal added, “Sony, Marvel, Kevin and I all knew that for Peter Parker, we had to find a vibrant, talented young actor capable of embodying one of the most well-known characters in the world.  With Tom, we’ve found the perfect actor to bring Spider-Man’s story into the Marvel Cinematic Universe.”

Sony Pictures will finance and release worldwide the next installment of the $4 billion Spider-Man franchise on July 28, 2017, in a film co-produced by Kevin Feige and his expert team at Marvel and Amy Pascal, who oversaw the franchise launch for the studio 13 years ago. Together, they will collaborate on a new creative direction for the Web-Slinger.

Spider-Man, embraced all over the world, is the most successful franchise in the history of Sony Pictures, with the five films having taken in more than $4 billion worldwide.

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Amos Yee may be suffering from autism spectrum disorder, to undergo psychiatric examination!

Source: Asia One

Teenage blogger Amos Yee will be remanded for two weeks at the Institute of Mental Health (IMH) to undergo psychiatric examination.

In a pre-sentence hearing, the court was told yesterday that a prison report found the 16-year-old physically and mentally fit for reformative training.

However, a psychiatric assessment by Munidasa Winslow suggested that Yee may be suffering from autism spectrum disorder, which can be characterised by social deficits and communication difficulties.

District Judge Jasvender Kaur therefore ordered that Yee be remanded at IMH for two weeks to see if he is suitable for a Mandatory Treatment Order (MTO).

First implemented in 2010, an MTO requires offenders with mental conditions to undergo psychiatric treatment for up to two years in lieu of jail time.

Last month, Yee was found guilty of making remarks intending to hurt the feelings of Christians in a video, and uploading an obscene image.

The Straits Times understands he submitted an undertaking to the court yesterday, agreeing to make the offending posts private and not disseminate them further.

As of 5pm yesterday, the posts were no longer accessible on Yee’s blog and YouTube channel.

Yee’s case is scheduled to be heard again on July 6, when Judge Kaur will consider sentencing options such as an MTO and reformative training.

On June 2, she had ordered him to be remanded for three weeks to assess his suitability for reformative training.

Deputy Public Prosecutor Hay Hung Chun noted that the prosecution had already suggested that Yee be examined by psychiatric experts on two previous occasions.

The first was during a May 6 bail review at the High Court, while the second was after Yee’s conviction on May 12.

Yesterday’s three-hour session was mostly conducted behind closed doors, with Yee only appearing in the dock briefly.

The teenager seemed wan and unkempt. He sat hunched and unsmiling in the dock.

He has spent almost 40 days in remand to date.

Defence lawyer Alfred Dodwell said his client had not objected to the IMH assessment.

He said: “We want what is in Amos’ best interest, so we hope he is given the appropriate treatment that will help him.

“The judge is clearly doing her level best to ensure that Amos gets the best treatment and, perhaps, rehabilitation.”

Yee’s mother, Mary Toh, 48, arrived in court wearing a white T-shirt with a #FreeAmosYee slogan in support of her son. The shirt depicts Yee in a banana-esque submarine, referencing the Beatles’ hit Yellow Submarine.

She had taken Yee to IMH on April 3, when he met a psychiatrist. He attended a second session a few days later, but refused to go for a third.

His father, computer engineer Alphonsus Yee, told reporters his son had not been previously diagnosed with autism spectrum disorder. He said: “There has been a lot of speculation online about it, but nothing in his growing-up years suggested this.”

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James Horner, 61, died of plane crash!

Source: New York Times

James Horner, the prolific composer whose vaulting theme music for “Titanic” earned him two Oscars and became the best-selling orchestral soundtrack ever, died on Monday morning when the single-turboprop plane he was flying solo crashed and burned in the Los Padres National Forest in Southern California. He was 61.

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Late Tuesday, Mr. Horner’s spokesman, the Gorfaine/Schwartz Agency, confirmed that he was the pilot of the EMB 312 Tucano that crashed in northern Ventura County. He lived in Calabasas, near the Santa Monica Mountains.

He is survived by his wife, Sara, and their daughters, Emily and Becky.

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Ryan Reynolds Father’s Day post causes stir on how he carries his baby!

The Father’s Day tribute from Blake Lively to her hubby Ryan Reynolds is making a buzz on social media on how Reynolds carry his baby!

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Ryan totes their daughter James in a carrier, as he stands in front of a lake with a big smile on his face.

With the following caption:

“Happy Fathers Day!!! … @vancityreynolds Since the day our baby was born, I’ve felt so strongly in my heart that you were most likely the father. #ILoveYouSoMuchItsSilly.”

Did you see anything wrong with htey way he carries his daughter?

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Caitlyn Jenner’s Fathers Day Celebration with family (Photo)!

Caitlyn Jenner celebrates first Father’s Day as a woman with her family!

Screen shot 2015-06-24 at 1.56.15 PM
Caitlyn celebrates the special day off-roading with children, including Kim Kardashian and her family, Khloé Kardashian, Kendall Jenner, Burt Jenner, and Brandon Jenner and his pregnant wife.

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‘Jurassic World’ set to become fastest film to gross $1 billion!

Source: Interaksyon.com

LOS ANGELES | Universal Pictures’ “Jurassic World” dinosaur spectacle is set to become the fastest film to gross $1 billion in box office receipts worldwide on Monday, after last week’s record-breaking opening.

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The movie, which stars Chris Pratt and Bryce Dallas Howard, is expected to hit the milestone just 13 days after its release, the studio said.

The previous record was set by Universal’s “Furious 7″ car-filled action film, which topped $1 billion globally in 17 days after its April release this year.

Over the weekend, “Jurassic World” scored the highest-grossing second week at the domestic box office with $106.6 million, topping $400 million in North America in 10 days.

“Jurassic World,” a co-production with Legendary Pictures which rebooted Steven Spielberg’s dormant “Jurassic Park” franchise nearly 15 years after the first trilogy ended, is the latest film for Comcast Corp-owned Universal Pictures to score big at the box office this year.

The studio has also enjoyed hits with February’s erotic “Fifty Shades of Grey” film and May’s female-led singing comedy “Pitch Perfect 2,” and is gearing up for the release of the animated “Minions” movie and the R-rated raunchy comedy “Ted 2″ in the summer.

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Rachel Weisz reveals a happy married life with Daniel Craig!

Source: Glamour UK

Rachel Weisz dealt with lonely nights on the sofa eating comfort food while she was in her twenties just like the rest of us.

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She wondered if she’d ever meet anyone worthwhile, had a few boyfriends who didn’t make the cut, but eventually ended up marrying James Bond (otherwise known as Daniel Craig).

“I was often single and feeling alone in my twenties,” said Weisz. “I’d eat pizza at home by myself, rent movies, all the clichés…It was hard sometimes but you hope eventually you’ll find the right partner.”

In 2011, she married Daniel Craig, whom she first became friends with in 1994, hosting a small wedding attended by only four people.

She has a son, Henry, with former boyfriend Darren Aronofsky, while Craig has a daughter, Ella, with his first wife, Fiona Loudon.
The actress says that she feels happier now than ever.

“When I was younger, I worried about so many things and it was hard for me to feel happy or understand what made me happy,” she said. “Once you reach your forties, you know where to look.”

The couple rarely talk about their relationship publically, preferring to lead a quiet life – which involves a lot of home cooking.

“I love to cook,” she told The Mirror. “Daniel is also very good at it. We always enjoy trying out different kinds of cuisine and having fun with that.”

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Roger Federer beats Andreas Seppi for Halle title!

Source: ESPN

There may be no grass-court equivalent to the title “King of Clay,” but Roger Federer sure is acting as if he wishes there were. On Sunday, he bagged his eighth title on the grass in the northern German town of Halle, bringing his ATP tour-leading collection of titles won on turf to 15. Federer reminded us that while he may be 33, with Wimbledon looming, there’s plenty of snap in his serve and sting left in his volley.

Halle has been very good to Federer, but you could just as easily have put it the other way around. Sure, Federer can buy many pairs of shoes, even in multiples of fours for his twins, with the $1.6 million in prize money that he has carried off from Halle over the years. But when the tournament was created in 1993, many skeptics wondered how long an ATP lower-level grass event held in frequently cool, damp northern Germany could possibly survive.

Then along came Federer, just seven years later, to begin a career-long association with the event. A decade and a half later, Federer and Halle are synonymous in the same way that Rafael Nadal is with three clay-court events, at Roland Garros (nine titles) and Monte Carlo and Barcelona (eight titles). Federer’s support of the event has helped Halle increase its status to an ATP 500-level designation, which started this year — an important step in the current rehabilitation of the grass-court circuit leading to Wimbledon.

That brings us back to the main point, which is grass-court tennis and the prep work players must undertake for Wimbledon after all those weeks spent grinding, grunting and sliding on clay. Federer showed throughout his week in Halle that he’s not just gliding by on the wings of his genius. He knows things about the grass that some of his rivals, even the enormously successful ones, may not.

Federer understands how much more a single misconceived — or brilliant — shot can mean on grass than on other surfaces. Even on today’s “slower” grass, entire sets can sometimes be decided by the outcome of two or three points that may occur at 15-all or 1-all at deuce, rather than at more dramatic junctures. As Federer told reporters after making relatively short work of Andreas Seppi in the final, 7-6 (1), 6-4:

“I think one big secret on grass is when to hit which shot and playing the score the right way,” the Swiss said. “You might be playing perfect but then in one moment you take a bad decision and grass makes you pay for it all.”

Seppi, you may remember, recorded a stunning upset of No. 2 seed Federer at the Australian Open to start the Grand Slam year in January. He wasn’t the only notable landmine placed in Federer’s path in Halle. In the first round, Federer locked up with another former Halle champ, Philipp Kohlschreiber — a tricky player who also happens to be a German. That one went the distance. The 2011 champ stretched Federer to 7-6 in the third before yielding.

When the smoke cleared last week, Federer was especially pleased that he was 6-0 in the tiebreakers that often have such a significant impact on how grass-court matches turn out. Nobody is calling him the “King of Grass” even though he has won more grass-court titles than any of his rivals, including seven at Wimbledon. That’s OK. Federer has the right to claim the crown where it really counts as Wimbledon approaches, in his own mind.

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