2006–present: Visionary, Tokyo and the World Music AwardsIn February 2006, Jackson's label released Visionary - The Video Singles, a box set made up of twenty of his biggest hit singles, each of which were issued individually week by week over a five-month period.
An appeals court ruled on February 15, that a lower court improperly terminated Deborah Rowe's parental rights to her two children with pop star Michael Jackson, opening the door to a possible custody battle between the singer and his ex-wife. The retired judge, Steven M. Lachs, acknowledged in 2004 that he failed to have state officials do an independent investigation into what was in the best interests of the children. As of September 29, 2006, the case has reportedly been settled according to the lawyers representing each party.
On March 9, 2006, California state labor officials closed the singer's Neverland Ranch and fined him $69,000 for failure to provide employment insurance. The state "stop order" bars Jackson from "using any employee labor" until he secured required workers' compensation insurance. In addition to being fined $1,000 for each of his 69 workers, Jackson is liable for up to 10 days pay for those employees who now are no longer allowed to report to Neverland for work. Thirty Neverland employees have also sued Jackson for $306,000 in unpaid wages.
Soon after this payment, Jackson's spokesperson announced on March 16, 2006 that Jackson was closing his house at Neverland and had laid off some of the employees but added that reports of the closing of the entire ranch were inaccurate. There have been many reports of a possible sale of Neverland, but nothing tangible has been reported yet.
In a move named by Jackson's advisors as "refinancing", it was announced on April 14, 2006 that Jackson had struck a deal with Sony and Fortress Investments. In the deal Sony may be allowed to take control of half of Jackson's 50% stake in Sony/ATV Music Publishing (worth an estimated $1 billion) which Jackson co-owns. Jackson would be left with 25% of the catalogue, with the rest belonging to Sony.
In exchange, Sony negotiated with a loans company on behalf of Jackson. Jackson's $200m in loans were due in December 2005 and were secured on the catalogue. Jackson failed to pay and the Bank of America sold them to Fortress Investments, a company dealing in distressed loans. However, Jackson hasn't as yet sold any of the remainder of his stake. The possible purchase by Sony of 25% of Sony/ATV Music Publishing is a conditional option; it is assumed the singer will try to avoid having to sell part of the catalogue of songs including material by other artists such as Bob Dylan and Destiny's Child. As another part of the deal Jackson was given a new $300 million loan, and a lower interest rate on the old loan to match the original Bank of America rate. When the loan was sold to Fortress Investments they increased the interest rate to 20%. None of the details are officially confirmed. An advisor to Jackson, however, did publicly announce he had "restructured his finances with the assistance of Sony".
On April 18, 2006, Michael Jackson signed a management deal with English music producer Guy Holmes. Holmes is the recently appointed CEO of Two Seas Records, with whom Jackson has signed a recording contract for one album. The album is set for a fall 2007 release.
On May 27, 2006, Michael Jackson accepted a Legend Award at MTV Japan's VMA Awards in Tokyo. It was his first major public appearance since being found not guilty in his child molestation trial almost a year earlier. The award honors his influence and impact on music videos in the last 25 years. Following the award ceremony, Jackson also made an appearance on SMAPxSMAP.
In 2006 F. Marc Schaffel, a former associate of Jackson, filed a suit for millions of dollars allegedly owed to him after working with Jackson on an unreleased charity record named "What More Can I Give" and documentaries. Florida businessman Alvin Malnik, who had advised Jackson, appeared in court and stated that Jackson appeared to be bewildered by financial matters. Schaffel claimed to have made frequent loans to the singer totaling between $7 million and $10 million. Schaffel had received an urgent plea from Jackson for $1 million so that Jackson could buy jewelry for Elizabeth Taylor so that she would agree to sign a release for her involvement in a Fox special.
These court proceedings also brought to light unsuccessful projects planned with the actor Marlon Brando, including a dual interview at the actor's private island near Tahiti, and a DVD on acting. Brando's son Miko Brando, a long time bodyguard and assistant to Jackson stated "The last time my father left his house to go anywhere, to spend any kind of time... was with Michael Jackson". "He loved it... [He] had a 24-hour chef, 24-hour security, 24-hour help, 24-hour kitchen, 24-hour maid service".
On July 14, 2006, the jury awarded Schaffel $900,000 of the original $3.8 million he sued Jackson for, which Schaffel later reduced to $1.6 million, and finally to $1.4 million. The jury also awarded Jackson $200,000 plus interest of the $660,000 that Jackson claimed he was owed by Schaffel. The trial revealed that Schaffel had been dismissed after Jackson learnt of his past work as a director of gay pornography. Schaffel claimed that Jackson "once wanted him to go to Brazil to find boys for him to adopt. He later modified that statement to "children" to expand Jackson's family". Jackson's lawyer Thomas Mundell said that he had never heard the allegation during the pre-trial investigation and that "it was an effort to smear Mr Jackson with a remark that could be interpreted to hurt him in light of the case against him last year".
On July 31, 2006, a federal judge allowed a $48 million claim against Jackson and one of Jackson's trusts for unpaid fees and breach of contract. All parties were ordered to reappear in court in September.
On November 2 and November 3, 2006, Access Hollywood aired a special Michael Jackson in Ireland which showed Jackson and will.i.am of The Black Eyed Peas in the process of recording Jackson's new album.
On November 14, 2006, Sony officially released the Visionary box set. He also visited the London office of the Guinness World Records. There, he received eight awards: "Most Successful Entertainer of All Time", "Youngest Vocalist to Top the US Singles Charts" (at the age of 11 as part of the Jackson Five), "First Vocalist to Enter the US Singles Chart at Number One" (for "You Are Not Alone"), "First Entertainer to Earn More Than 100 million Dollars in a Year", "Highest Paid Entertainer of All Time" ($125 in 1989), "First Entertainer to Sell More Than 100 Million Albums Outside the US", "Most Weeks at the Top of the US Albums Chart" (for the album Thriller) and "Most Successful Music Video" (for the music video Thriller).
On November 15, 2006, Michael Jackson received the Diamond Award, for selling over 100 million albums, at the World Music Awards. This was his second public appearance at an awards show since the trial of 2005. Despite substantial publicity prior to the event, he did not perform "Thriller", limiting his performance to "one verse and one chorus" of "We are the World". Coverage of the event noted that Jackson "looked uncomfortable at times" and called the appearance "an unhappy return to the London stage". According to the head of public relations for the World Music Awards (Julius Just), the sound was cut due to a noise curfew. Officials at Earl's Court, the arena where the event was held, have said that this was not the case and that they had "accommodated the show and the show's organisers by obtaining an extension to our licence in order to allow the show to run to eleven o'clock".
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