In Court Moves, Britney Spears Seeks Freedom from Father

Britney Spears. (Getty Images)
Britney Spears. (Getty Images)
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In Court Moves, Britney Spears Seeks Freedom from Father

Britney Spears. (Getty Images)
Britney Spears. (Getty Images)

Britney Spears wants to be freed from her father.

The pop star's moves have been missing from stage and screen in a career hiatus that shows no signs of ending, but she's been making all kinds of maneuvers in court in an attempt to gain greater control over her life and money after 12 years of a court conservatorship run mainly by her dad, James Spears.

Tuesday afternoon, a Los Angeles judge will hear arguments on Spears' requests, the boldest of which would remove James Spears as co-conservator for what his daughter says is an unwillingness to share control of her more than $60 million in assets.

The conservatorship, known in many states as a guardianship, began in 2008 when she was having serious mental struggles and an often public meltdown. The arrangements are normally limited to people with severely diminished ability to make decisions for themselves, and are meant to be temporary, but Britney Spears has remained under court control longer than anyone expected.

She has acknowledged that the arrangement was necessary when it began, and probably saved her career, and she remained silent both in public and in court for nearly all of its existence.

But starting in August she began publicly seeking to choose who oversaw her life and money, asking for greater transparency in the court's often secret moves, and even declaring that she was sympathetic to fans who have increasingly demanded in protests and online posts that those in control must #FreeBritney.

James Spears and a co-conservator, attorney Andrew Wallet, ran the conservatorship for 11 years. Last year, Wallet stepped down, leaving James Spears entirely in charge. He soon temporarily stepped down as conservator of Spears' person, citing health reasons, but kept his role as conservator of her finances.

In August of this year, Britney Spears said she strongly objected to her father returning as conservator of her person, and wanted to make her approved replacement, Jodi Montgomery, permanent in the role.

In September she went even further, asking that a corporate fiduciary, the Bessemer Trust, become conservator of her finances instead of her father.

James Spears first filed to have Wallet return as his co-conservator instead, but Wallet withdrew after Britney Spears objected.

James Spears subsequently said he would work with the Bessemer Trust, but now Britney Spears is insisting that such an arrangement would be “doomed to failure” and her father needs to be out entirely.

In documents filed by her court-appointed attorney for the conservatorship, Samuel Ingham III, Spears said her father was clearly planning to attempt “to retain full functional control of her assets, books and records in the face of Britney’s objections.”

She also cited his recent failure to notify her that her business manager had resigned and he had appointed a new one, and said she plans to object to the accounting reports that will be made at Tuesday's hearing.

In his own filings, James Spears argued that he has done his job well, taking the estate from being in debt and facing tens of millions in lawsuits to its current value of over $60 million.

“Mr. Spears is doing exactly what he is supposed to be doing as conservator of the estate; he should be commended, not suspended," one court filing said.

James Spears did all this, the filing argued, while working hard to restore his daughter “to good health, reunite her with her children, and revive her career."

“Throughout his service as Conservator, Mr. Spear’s sole motivation has been his unconditional love for his daughter and a fierce desire to protect her from those trying to take advantage of her,” the filing said.

It is not clear whether Judge Brenda Penny will make any decisions Tuesday. She may seek time to reach decisions or ask that arguments continue on another date.

Spears is expected to take part in the hearing by phone, as most or all of the participants will as allowed under the court's pandemic guidelines.

The proceedings are likely to be closed to the public and media, as Penny has routinely done at the request of James Spears and his attorneys, who have argued for his daughter's need for privacy.

But in her recent spate of filings, Spears has said she has gotten more privacy than is good for her, arguing that the secrecy has not been helpful, and welcomed the scrutiny of the #FreeBritney movement, which her father has scorned.

In court documents, Britney Spears said, “Far from being a conspiracy theory or a ‘joke’ as James reportedly told the media, in large part this scrutiny is a reasonable and even predictable result of James’ aggressive use of the sealing procedure over the years to minimize the amount of meaningful information made available to the public.”



Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
TT

Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo

Netflix could report its slowest subscriber additions in six quarters on Thursday as gains from a password-sharing crackdown ease, with investors looking for signs its nascent ad revenue business is accelerating.
The streaming giant likely added 4 million subscribers in the July-September period, according to analysts' estimates compiled by LSEG. Netflix originals such as "The Accident" and "The Perfect Couple" were among the top streamed titles in the US during the quarter, Nielsen data showed, according to Reuters.
As the pace of sign-ups slows, Netflix is trying to shift investor attention towards other performance measures including revenue growth and margins. It will stop reporting subscriber data from 2025.
"Their focus is to continue to grow subscribers at a healthy clip while also leveraging their scale, ability to raise prices and increase advertising dollars," said Pivotal Research analyst Jeff Wlodarczak.
The company's ad-supported plan has been growing but Netflix does not offer details on the tier's financial performance and does not expect it to become a primary driver of growth until 2026.
This has raised some concerns about its growth trajectory.
"They're making less than a billion dollars a year in the US on advertising, saying that doesn't make them look good," eMarketer television and streaming analyst Ross Benes said.
Some analysts have said the company needs to raise prices and phase out more of its ad free plans to nudge customers towards the tier with commercials as it usually brings in more revenue per user.
The company said in July last year it would stop offering the $9.99 a month basic plan without commercials to new users in the US and the UK, and phase it out for existing subscribers.
Netflix charges $6.99 per month in the US for the ad tier, while its standard plan without commercials is priced at $15.49 a month.
It has not raised the price of its standard plan since early 2022, while its ad-supported tier has been priced the same since its launch in late 2022.
The company, which operates in more than 190 countries, is expected to report ad revenue of $242.7 million in the third quarter, according to the average of estimates from three analysts compiled by LSEG. Overall revenue is expected to grow 14.3%, a slightly slower pace than the previous three months, to $9.76 billion.
To attract more advertisers, the streamer is focusing on live events including sports. Netflix will air the highly anticipated Jake Paul vs. Mike Tyson boxing fight in November, followed by its first NFL games in December.
The second season of hit South Korean drama series "Squid Game,” expected to release in December, could help the company draw subscribers in the last quarter of the year.
Netflix stock has risen 12.4% since it reported second-quarter results in July, compared with a 5% rise in the S&P 500 index.