Originally posted by AKIron
So what's to prevent a singer/actor/athlete from buying one of those corporations?
Bill Cosby tried to become partial owner of NBC. He has the money. His power grab was blocked.
Michael Jordan and other retired black athletes tried to start an NBA team in Charlotte. They have the money. Their petition was denied.
Michael Jackson wanted to becomr partial owner of Epic Records in the 80's. His mothion was denied, so he left.
(He lost his mind as well, but that's beside the point...)
Singers and songwriteres often have to start their own label since it's impossible to become part owners of the labels that they've operated under.