The King of Pop is getting back in the game.
Looking to revive a career that has seen better days, Michael Jackson announced Tuesday he has teamed up with a Bahraini music label to record a new album and is aiming for a late 2007 release.
The newly formed partnership is between Jackson and Two Seas Records, which is owned by Bahrain royal family member Abdulla Hamad Al-Khalifa. British music exec Guy Holmes, chairman of London-based indie label Gut Records, has been named CEO of the joint project.
For now, Michael Jackson has beaten his financial insolvency, put the bankruptcy question to rest last week, refinancing more than $270 million in loans by offering up half of what remains in his possession of the Sony/ATV Music Catalog he purchased in 1985.
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