Michael Jackson and His Legacy as a Musical Entrepreneur
4. Business decisions
Michael Jackson had made good as well as bad decisions in his glorious yet controversial career. Vogel says, “Michael made very good business decisions for the first 10-15 years of his adult career, and very bad ones in his final 10-15 years. His smartest decision was to not only retain the rights to his own master recordings, but to also actively acquire other publishing rights. His worst decisions came when he had a lot of money and not much consistency or oversight. He became vulnerable to extortion, exploitation and excessive spending because he no longer had a trustworthy, vigilant, dedicated team around him.”
