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    >> 2003 >> Bryan Spears is "Top Cop" of the Finances


    Steel Magnolia
    • Date of event: 01/01/2003 Category: Legal documents

    Jan. 2003 - Some time during this year, Bryan Spears begins overseeing Britney's finances. "It was 2003 that I took over, until 2009," he claims in an interview from July 23, 2020. "We didn't have anyone that was overseeing the actual financial business development, next step kind of thing for Brit. We had managers, we had business managers, we had agents. Everything. But no one was looking at what the left hand was doing and looking at what the right hand was doing. There was no top cop, basically, who was looking out for her best interests. So we, as a family, as we always do, vote and come up with a family decision. We all thought that it would be a good idea for me to oversee all of it...Making sure money is being put away, new business is being formed, brands are being formed, trying to make money while we sleep so we're not so focused on having to tour." Bryan continues, "Looking at a situation...if I feel like I don't have a really good handle on it, or if I feel like I don't have the expertise to conquer it, I go and hire or find the person or company that can. So, I went and hired Ernst & Young out of Nashville, brought them in and did an entire audit of every single detail of her business from publishing to branding to merchandising...we had a huge doll line. Tour merch, and all of that. And I had those guys give me a report that showed me, and we all broke it down. And then I went back, assessed it, and then I wound up having to make a lot of adjustments after that." Interviewer: "So how did you feel when you got that report?" Bryan: "I was not very well liked, you could put it that way, amongst the team." Interviewer: "Did you give a rat's ***? I mean, if they're stealing from your sister?" Bryan: "Looking back on it, I did what was right." Interviewer: "What did you do? Did you clean house?" Bryan: "Ya. Everyone but the manager."

    Source: https://www.youtube.com/watch?v=kS9Gyo7JdO8

    Jan. 2003 - Some time during this year, Bryan Spears ends his engagement with Lauren Melkus, of Nashville, TN.

    Source: https://www.whosdatedwho.com/dating/bryan-spears-and-lauren-melkus

    Feb. 20, 2003 - Britney Spears' Personal Management Agreement with Johnny Wright comes to its scheduled conclusion.

    Source: Complaint, Wright Entertainment Group, LCC and Wright Entertainment Group, Inc. vs. Britney Spears and Britney Touring, Inc., In The Circuit Court Of The Ninth Judicial Circuit In And For Orange County Florida, October 27, 2007, Page 5 and Exhibit C.

    Feb. 28, 2003 - The Britney Spears Foundation Camp for the Performing Arts, LLC is incorporated as a not-for-profit organization and a wholly-owned subsidiary of the Britney Spears Foundation to provide opportunities for underprivileged children. The LLC enters into an agreement with a third party to administer and operate the Camp during 2003. 

    Source: The Britney Spears Foundation, Return of Organization Exempt From Income Tax, Form 990, August 13, 2004.

    Apr. 1, 2003 - The Britney Spears Foundation is audited by the accounting firm of Herzog & Straus, located 156 West 56th Street, New York, NY, 10019. An Independent Auditors Report shows the Foundation's financial report for 2002 incorrectly underreported the contributions received by the Foundation from the public for the calendar year ending December 31, 2001. The Foundation's financial report, prepared by Padell, Nadel, Fine & Weinberger, LLC, excluded $365,654.00 of ticket proceeds received from AEG Concerts, LCC and Britney Touring, Inc. Corresponding, the financial report excluded $365,654.00 from the grant the Foundation made to the Twin Towers Fund on April 4, 2002.

    Source: Independent Auditors Report, April 1, 2003, The Britney Spears Foundation, Return of Organization Exempt From Income Tax, Form 990, August 15, 2002, Page 22.

    May 13, 2003 - The Britney Spears Foundation files an Application For Extension Of Time To File An Exempt Organization Return. The document is filed by Executive Director Nina Biggar. The second page is missing; the location of the books is unknown. The Foundation's address is listed as c/o Sherrard & Roe, PLC, located at 424 Church Street, Ste. 2000, Nashville, TN, 37219.

    Source: The Britney Spears Foundation, Application For Extension Of Time To File An Exempt Organization Return, Form 8868, May 13, 2003.

    June 8, 2003 - Britney visits Six Flags Magic Mountain to help promote their newest ride, “Scream.” She is photographed with her brother, Bryan Spears, his girlfriend Lauren Melkus, and Larry Rudolph’s apprentice at ReignDeer Entertainment, Dan Dymtrow.

    Source: Getty Images, June 8, 2003, Accessed June 7, 2022 from https://www.gettyimages.ca/detail/news-photo/dan-dymtrow-britney-spears-lauren-melkus-and-bryan-spears-news-photo/110182879

    June 24, 2003 - A branch of Britney Touring, Inc. is incorporated as a "foreign business corporation" in the state of New York by Rudolph & Beer, LLP, Attn: Park Avenue South, 432 Park Avenue South 2nd Fl., New York, NY, 10016. (Company No. 2923015)

    Source: https://opencorporates.com/companies/us_ny/2923015

    Source: https://apps.dos.ny.gov/publicInquiry/

    June 25, 2003 - A branch of Britney Brands, Inc. is incorporated as a "foreign business corporation" in the state of New York. (Company No. 2923656)

    Source: https://opencorporates.com/companies/us_ny/2923656

    July 22, 2003 - Britney Spears signs a Personal Management Agreement with the newly formed ReignDeer Entertainment as Larry Rudolph splits with his law firm of Rudolph & Beer, LLP.

    Source: https://www.indiewire.com/2003/07/rudolph-beer-to-head-film-practice-at-greenberg-traurig-79582/

    Aug. 6, 2003 - Britney's business manager Stacy Smith mails a commission check from Britney Brands, Inc. to Wright Entertainment Group, LLC. The check arrives via Stacy Smith & Associates, 1503 Colley Avenue, Norfolk, VA, 23517.

    Source: Affidavit of David Pierfy, Wright Entertainment Group, LCC and Wright Entertainment Group, Inc. vs. Britney Spears and Britney Touring, Inc., In The Circuit Court Of The Ninth Judicial Circuit In And For Orange County Florida, April 10, 2008, Pages 1 and 2. (Case No. 48-2007-CA-014233-O Div. 32)

    Aug. 22, 2003 - The Britney Spears Foundation submits its second "Form 990" tax exemption form for the year 2002. The address of the Foundation is now 424 Church Street, Ste. 2000, Nashville, TN, 37219. The directors or officers are now Britney Spears, James Spears, Lynne Spears, Bryan Spears, Ninna Biggar, and John McMahon; the address for all is 432 Park Avenue South, 2nd Floor, New York, NY 10016 (the same address as ReignDeer Entertainment). The books are listed as being in the possession of Stacy Smith & Associates, 1503 Colley Avenue, Norfolk, VA, 23517. The Form 990 is signed by Executive Director Ninna Biggar, and is prepared by Michel G. Kaplan, a lawyer at Sherrard & Roe, PLC, located at 424 Church Street, Ste. 2000, Nashville, TN, 37219.

    Source: The Britney Spears Foundation, Return of Organization Exempt From Income Tax, Form 990, August 22, 2003.

    Sept. 8, 2003 - George Maloof confirms that construction on a second tower at The Palms hotel-casino on Flamingo Road expects to begin within a year.

    Source: “Second tower at Palms is confirmed,” Liz Benston, Las Vegas Sun, September 8, 2003. Accessed August 21, 2022 from https://lasvegassun.com/news/2003/sep/08/second-tower-at-palms-is-confirmed/

    Nov. 12, 2003 - Britney releases her fourth album, "In The Zone," through Jive Records and the Zomba Recording Group.

    Source: "In The Zone," Wikipedia, https://en.wikipedia.org/wiki/In_the_Zone

    Nov. 12, 2003 - ABC News reports that Britney has been interviewed by Diane Sawyer for an upcoming episode of Primetime. In the interview, Britney says "I have an uncle from back at home who takes care of my big sum of money."

    Source: https://abcnews.go.com/Primetime/story?id=132432&page=1

    Source: https://www.youtube.com/watch?v=FyI6PTuLYgw (12 min, 41 sec.)

    Nov. 20, 2003 - A copy of the certificate of incorporation for Britney Touring, Inc. is created by the Louisiana Secretary of State for use in an application for incorporation in the state of Florida.

    Source: Britney Touring, Inc., Application By Foreign Corporation To Transact Business in Florida, Florida Department of State, February 26, 2004.

    Nov. 27, 2003 - After “In The Zone” debuts at No. 1 on the charts, Britney flies to Hawaii to celebrate Thanksgiving. Those who accompany her include her brother, Bryan Spears, and Larry Rudolph’s apprentice at ReignDeer Entertainment, Dan Dymtrow.

    Source: Jennifer Webster Sciarrino, Instagram, July 3, 2018, Accessed June 7, 2022 from https://www.instagram.com/p/Bkyr4PHnmn4/

    Dec. 2, 2003 - Britney's website announces an upcoming North American tour to promote her fourth album, "In The Zone." A portion of all ticket sales from the 25 scheduled dates are to benefit the Britney Spears Foundation.

    Source: https://www.mtv.com/news/1480899/britney-spears-lines-up-tour-for-in-the-zone/

    Dec. 16, 2003 - The Florida Secretary of State receives an application from Stacy Smith & Associates of Norfolk, VA, to register Britney Touring, Inc. as a "foreign profit corporation" in the state of Florida.

    Source: Britney Touring, Inc., Application By Foreign Corporation To Transact Business in Florida, Florida Department of State, February 26, 2004.

    Dec. 19, 2003 - A branch of Sweet Jamie Music, Inc., is registered as a "foreign stock" in the state of California. Lynne Spears is named as the president. The principal executive office is c/o Stacy Smith & Associates, 1503 Colley Avenue, Norfolk, VA, 23517. The principal office in the state of California is Ziffren, Brittenham, Branca, Fischer, Gilbert-Lurie & Stiffelman, located at 1801 Century Park W #7th, Los Angeles, CA 90067.

    Source: https://opencorporates.com/companies/us_ca/C2570944

    Source: Sweet Jamie Music, Inc., Statement And Designation By Foreign Corporation, California Secretary of State, December 19, 2003.

    Dec. 26, 2003 - Stacy Smith & Associates of Norfolk, VA, pays $70.00 to the Florida Secretary of State to register Britney Touring, Inc. as a "foreign profit corporation" in the state of Florida.

    Source: Britney Touring, Inc., Application By Foreign Corporation To Transact Business in Florida, Florida Department of State, February 26, 2004.

    Dec. 30, 2003 - The Florida Department of State writes to Stacy Smith & Associates of Norfolk, VA: "We have received your document for BRITNEY TOURING, INC. and your check(s) totaling $70.00. However, the document has not been filed and is being retained in this office for the following...this office collects a civil penalty of $1000 for each year this entity transacted business or conducted its affairs in Florida prior to qualification and the appropriate annual report/uniform business report fees that would have been due this office had the entity qualified the year it began operations in this state. The amount due this office to cover both annual report/uniform business report and penalty fees is $3,450."

    Source: Lee Rivers, Document Specialist to Rhonda Adkins, Stacy Smith & Associates, PC, SUBJECT: BRITNEY TOURING, INC., Florida Department of State, December 30, 2003

    Late 2003 - During Season 9 of Nickelodeon's series "All That," network executives begin exploring a spin-off series to be built around Jamie Lynn Spears.

    Source: https://en.wikipedia.org/wiki/Zoey_101




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