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Not So "Proud Mary?" Mary J. Blige's (@maryjblige) Reveal The Ups & DOWNS of Her Finances!

This last year has definitely been a rough one for singer, Mary J. Blige. Her divorce from husband/manager Kendu Isaacs has only become more bitter by the day. Now, her divorce papers are revealing her financial situation–and it does NOT look good!

via Daily Mail

mary j. blige and kendu isaacs

The R&B singer, who is in the midst of a bitter legal separation with Martin ‘Kendu’ Isaacs, filed an Income and Expense Declaration in a Los Angeles court on August 8, after she was given a temporary order to pay him $30,000 a month.

Blige, 46, filed for divorce from Isaacs in July last year, citing irreconcilable differences after nearly 13 years of marriage. Isaacs later demanded spousal support claiming the star left him with ‘no source of income.’

Documents obtained exclusively by DailyMail.com, reveal the star earns $326,930 a month – with royalties and earnings from her production company being her main source of cash.

But the paperwork also showed Blige is in hock to Uncle Sam as she owes ‘unpaid back taxes of approximately $6.5 million for the years 2008 through 2016.’

The singer made a note of her debt after reporting a change in income due to a ‘large reduction in my royalties’ over the past year.  

Expense records show she currently pays $14,000 a month for her Los Angeles rental and $2,340 for her two Mercedes-Benz. 

continued next page…

mary j. blige and kendu isaacs

Her monthly expenses also include mortgage interest, insurance, and real estate taxes for her three homes across New York and New Jersey. 

In 2015, Blige put her eight-bedroom, ten-bathroom, Saddle River, New Jersey mansion up for sale, but it remains on the market.

It was listed as ‘un-rentable’ along with her property in Cresskill which has been boarded up by the city and is in a state of ‘disrepair.’ 

Isaacs, on the other hand, who formerly served as Blige’s manager, had a gross monthly income of $43,977 based on commissions.

Following Blige’s divorce filing, he claimed his estranged wife’s decision to fire him has left him with ‘no source of income.’

In June, a judge ordered the 46-year-old to pay Isaacs temporary spousal support of $30,000 per month. He had originally sought $130,000.

He wanted the Grammy winning songstress to help him pay for expensive meals out, a housekeeper and to generally help him maintain his ‘lavish lifestyle.’ 

According to his court papers Isaacs specifically wanted Blige to cover the majority of the $116,250 he spends per month. He also wants her to cough up $5,000 a month to support his parents and $4,971 a month in support for his two children from a past relationship.

Blige had been fighting against his request, accusing him of blowing money on his ‘girlfriend’ and claiming it as business expenses. 

Earlier reports claim Isaacs had an affair with singer Starshell, who is Blige’s protege. 

In court documents, she accused him of taking $420,000 and using it for what he called ‘travel charges,’ over a two-year period insisting the money was not spent on business-related activities or on activities that involved her.

In a note to her ‘Gross Cash Flow Available for Support’ Blige’s accountant states: ‘However, based on the summary of travel expenses prepared by [Chief Financial Officers of ASCOT Travel Services], Martin Isaacs incurred $419,299 of travel expenses over the period of March 2014 through August 2016 which were deducted as business expenses.

‘Accordingly, we added these amounts back to taxable income since they are non recurring.’  

Previously TMZ had reported that Blige was ‘outraged’ over payment requests from her husband following their split, stating: ‘I am not responsible for supporting [Martin’s] parents and his children from another relationship which he lists as ongoing monthly expenses.’

Court papers also show the recording artist claimed the former couple’s estate is ‘underwater’ to the tune of $10 million and Isaacs contributes nothing to expenses and upkeep. 

We will definitely be keeping Mary in our prayers. We echo Love B. Scott’s sentiments on a new album for her, but we wonder will she have to pay Kendu alimony too. Two words of recommendation for you Mary, “File Bankruptcy!”

Written By: Michael “Hey Mikey” Fanning

[caption id="attachment_20040" align="aligncenter" width="225"]michael j. fanning owner of hey mikey atl Follow me on Twitter/IG @HeyMikeyATL[/caption]

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This last year has definitely been a rough one for singer, Mary J. Blige. Her divorce from husband/manager Kendu Isaacs has only become more bitter by the day. Now, her divorce papers are revealing her financial situation–and it does NOT look good!

via Daily Mail

mary j. blige and kendu isaacs

The R&B singer, who is in the midst of a bitter legal separation with Martin ‘Kendu’ Isaacs, filed an Income and Expense Declaration in a Los Angeles court on August 8, after she was given a temporary order to pay him $30,000 a month.

Blige, 46, filed for divorce from Isaacs in July last year, citing irreconcilable differences after nearly 13 years of marriage. Isaacs later demanded spousal support claiming the star left him with ‘no source of income.’

Documents obtained exclusively by DailyMail.com, reveal the star earns $326,930 a month – with royalties and earnings from her production company being her main source of cash.

But the paperwork also showed Blige is in hock to Uncle Sam as she owes ‘unpaid back taxes of approximately $6.5 million for the years 2008 through 2016.’

The singer made a note of her debt after reporting a change in income due to a ‘large reduction in my royalties’ over the past year.  

Expense records show she currently pays $14,000 a month for her Los Angeles rental and $2,340 for her two Mercedes-Benz. 

continued next page…

mary j. blige and kendu isaacs

Her monthly expenses also include mortgage interest, insurance, and real estate taxes for her three homes across New York and New Jersey. 

In 2015, Blige put her eight-bedroom, ten-bathroom, Saddle River, New Jersey mansion up for sale, but it remains on the market.

It was listed as ‘un-rentable’ along with her property in Cresskill which has been boarded up by the city and is in a state of ‘disrepair.’ 

Isaacs, on the other hand, who formerly served as Blige’s manager, had a gross monthly income of $43,977 based on commissions.

Following Blige’s divorce filing, he claimed his estranged wife’s decision to fire him has left him with ‘no source of income.’

In June, a judge ordered the 46-year-old to pay Isaacs temporary spousal support of $30,000 per month. He had originally sought $130,000.

He wanted the Grammy winning songstress to help him pay for expensive meals out, a housekeeper and to generally help him maintain his ‘lavish lifestyle.’ 

According to his court papers Isaacs specifically wanted Blige to cover the majority of the $116,250 he spends per month. He also wants her to cough up $5,000 a month to support his parents and $4,971 a month in support for his two children from a past relationship.

Blige had been fighting against his request, accusing him of blowing money on his ‘girlfriend’ and claiming it as business expenses. 

Earlier reports claim Isaacs had an affair with singer Starshell, who is Blige’s protege. 

In court documents, she accused him of taking $420,000 and using it for what he called ‘travel charges,’ over a two-year period insisting the money was not spent on business-related activities or on activities that involved her.

In a note to her ‘Gross Cash Flow Available for Support’ Blige’s accountant states: ‘However, based on the summary of travel expenses prepared by [Chief Financial Officers of ASCOT Travel Services], Martin Isaacs incurred $419,299 of travel expenses over the period of March 2014 through August 2016 which were deducted as business expenses.

‘Accordingly, we added these amounts back to taxable income since they are non recurring.’  

Previously TMZ had reported that Blige was ‘outraged’ over payment requests from her husband following their split, stating: ‘I am not responsible for supporting [Martin’s] parents and his children from another relationship which he lists as ongoing monthly expenses.’

Court papers also show the recording artist claimed the former couple’s estate is ‘underwater’ to the tune of $10 million and Isaacs contributes nothing to expenses and upkeep. 

We will definitely be keeping Mary in our prayers. We echo Love B. Scott’s sentiments on a new album for her, but we wonder will she have to pay Kendu alimony too. Two words of recommendation for you Mary, “File Bankruptcy!”

Written By: Michael “Hey Mikey” Fanning

michael j. fanning owner of hey mikey atl

Follow me on Twitter/IG @HeyMikeyATL

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breaking news

It Happened! Disney-Fox Merger Returns X-Men & Fantastic Four to Marvel!

Today is officially the BEST DAY EVER! Disney and Fox have reached a $54 Billion Dollar deal, granting Disney the rights to the X-Men, Fantastic Four, Deadpool, and other television properties like the X-Files, and gain a majority stake in Hulu. 

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marvel universe

Today is officially the BEST DAY EVER! Disney and Fox have reached a $54 Billion Dollar deal, granting Disney the rights to the X-Men, Fantastic Four, Deadpool, and other television properties like the X-Files, and gain a majority stake in Hulu.

via Gizmodo

avengers vs x-men disney to buy fox

Today, Rupert Murdoch—Fox’s executive chairman—expressed his confidencein the acquisition’s potential to strengthen both companies:

“We are extremely proud of all that we have built at 21st Century Fox, and I firmly believe that this combination with Disney will unlock even more value for shareholders as the new Disney continues to set the pace in what is an exciting and dynamic industry.”

News of the deal comes after early reports that Fox proper was looking to unload 21st Century Fox in favor of focusing more on news and sports, its two other largest business endeavors. For Fox, this deal means a rather hefty payday but for Marvel, it’s more of a long-overdue homecoming.

For years now, some of Marvel Entertainment’s most iconic characters that first put the comics publisher on the map back in the 70s have been locked out of the MCU because of deals made during the 90s in which Marvel sold off the film rights to properties like the X-Men, the Fantastic Four, and Deadpool. Now, Marvel can get to work on changing that, but it doesn’t mean that it will or even should happen anytime soon. Properties like Avatar, The Simpsons, FX Networks and National Geographic will also fold into Disney’s portfolio according to the official release.

While Fox’s X-Men and Fantastic Four movies weren’t always particularly good, the studio was finally in the process of beginning to carve out a rather distinctive and honestly refreshing voice in the superhero movie space with films like Logan, Deadpool, and The New Mutants. The sequels to the latter two movies are still due to be released on schedule (no word on the X-23-focused Logan followup) but there’s no telling what Marvel plans to do with its new toys now that it has them.

storm and black panther

Side note, the true shade is the merger did not include Fox News. Clearly Disney has no time for the bullshit! #NoAlternativeFactsHere. Now transitioning on to better news, this means Storm and Black Panther will be an item, we may get that Avengers vs. X-Men movie, and above all else all of our favorite Marvel heroes get screen time together. We are just wondering how the two universes will merge. Maybe the Reality Stone, one of the Infinity Stones will play a part in making this happen? This a good look and an amazing business move Disney move! You have fanboys everywhere bowing in thanks!

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Comic Books

“ResurreXion?” Marvel Revives 3 Major X-Men Characters Ahead of Fox-Disney Merger!

It has been a rough decade for the X-Men in Marvel Comics. Systematically speaking, the comic giant declared war on our mutant heroes after Fox insisted on keeping their movie rights to the iconic team. First, 99% of the comics’ mutants were depowered, Scarlet Witch and Quicksilver were made into enhanced humans, Terrrigen Mists (the gas that created the Inhumans) invaded Earth killing more mutants, and finally Jean Grey, Professor X, Wolverine, Nightcrawler, and Cyclops were all killed!

Well it looks like Marvel is opting to resurrect a few of the X-Men–Wolverine, Professor X, and Jean Grey!

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x-men resurrection x-men resurrxion

It has been a rough decade for the X-Men in Marvel Comics. Systematically speaking, the comic giant declared war on our mutant heroes after Fox insisted on keeping their movie rights to the iconic team. First, 99% of the comics’ mutants were depowered, Scarlet Witch and Quicksilver were made into enhanced humans, Terrrigen Mists (the gas that created the Inhumans) invaded Earth killing more mutants, and finally Jean Grey, Professor X, Wolverine, Nightcrawler, and Cyclops were all killed!

Well it looks like Marvel is opting to resurrect a few of the X-Men–Wolverine, Professor X, and Jean Grey!

jean grey resurrection

The company hinted that many of the X-Men would make a return to the land of the fictionally living. Sources close to the Disney-Fox merger are reporting that not only is the merger taking place, but Marvel Comics knew of it well beforehand and opted to slowly return these key X-Men.

wolverine and space infinity stone

Jean Grey’s return is most surprising, since she has been gone from the comics for nearly twelve years. In her place, a time displaced teen version of hers has been wandering around. Now the actual Jean is returning and fans could not be happier. Wolverine’s resurrection comes thanks to the Space Stone, one of the infamous Infinity Stones. Meanwhile, after a battle with the Shadow King on the Astral Plane, an X-Men ally, Fantomex, sacrifices himself to return the Professor to the physical world.

professor x resurrection fantomex

There is no word on Cyclops or Nightcrawler’s resurrection, but we are sure the X-Men’s fearless leader will return soon to atone for his madness these last few years, and what would the X-Men be without their fuzzy blue elf! We are just glad this war on the X-Men is stopping. Maybe this means we will finally get some new X-Men cartoons, video games, and merchandise. Marvel make it happen!

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Web Star Watched

Interestingly Infamous! The Net’s 10 Most Popular Web Stars!

What is the closing of 2017 without a few lists highlighting the best and bold in the world of web series? You guys loved our list of the 10 Hottest Web Stars so much we also had to let you know who is truly poppin’! This list is not as simple as their number of followers; but is based more on their ability to draw the masses and become true movements on their own. A few other Web Stars may come hotter, but these studs are the true talk of the town.

Check out our list of the Interestingly Infamous! The Net’s 10 Hottest Most Popular Web Stars!

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Interestingly Infamous! The Net’s 10 Hottest Most Popular Web Stars

What is the closing of 2017 without a few lists highlighting the best and bold in the world of web series? You guys loved our list of the 10 Hottest Web Stars so much we also had to let you know who is truly poppin’! This list is not as simple as their number of followers; but is based more on their ability to draw the masses and become true movements on their own. A few other Web Stars may come hotter, but these studs are the true talk of the town.

Check out our list of the Interestingly Infamous! The Net’s 10 Hottest Most Popular Web Stars!

#10

Rocc

robert rocc sherrill

Meet the true life of the party! If you haven’t heard of Robert “Rocc” Sherrill then you truly have been dying under some muddy rock–pun intended. This bar tending, radio hosting, party throwing, smart-mouthed Web Star is practically everyone’s little brother and a true fan favorite among his colleagues. About Him: Freshman Year may have brought him to the Web World, but his charisma and the ability to turn any outing into a huge event earns him a spot on this list.

robert rocc sherrill

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