Per reports from the Associated Press, both a spokesman for Michael Jackson and Julien’s Auctions have said today that – as part of a settlement agreement in the widely publicized dispute – Jackson will retain possession of the approximately 2,000 personal items [Read more…]
Per reports from the Associated Press, Los Angeles Superior Court Judge Brett Klein ruled in favor of Julien’s Auctions and denied Michael Jackson’s MJJ Productions efforts to have his personal property from Neverland Ranch returned. The memorabilia is scheduled to be sold at auction April 22-25 in Beverly Hills. [Read more…]
As reported in previous articles – see Auction Events | Julien’s Auctions | Michael Jackson – Michael Jackson’s MJJ Productions filed a lawsuit against Julien’s Auctions for the return of personal property from the Neverland Ranch that was consigned to the auction house with a sale planned this month. These events appeared to have prompted long time auction partner Auction Network to withdraw as the online bidding service provider. In reviewing the JuliensAuctions.com and LiveAuctioneers.com websites today, it appears that Auction Network has been replaced with competitor Live Auctioneers. [Read more…]
eBay announced earlier this year that they would be dropping their eBay Live Auctions business on December 31, 2008 (see eBay Live Auction Format Being Retired at End of 2008). The “Live Auction” format differs from eBay’s traditional business model of scheduled, “online-only” auctions, and typically (as it relates to original props, wardrobe, and memorabilia auctions from movies and television) provides collectors the ability to bid on items auctioned “live” over the Internet, in real time, in lieu of being present at the actual auction event with people bidding in person, with the auctioneer recognizing “floor” bids, telephone bids, absentee bids, and online bids. It appears that LiveAuctioneers.com is positioning itself to absorb this business and compete in the live online auction space. [Read more…]
