The Zappa Family Trust owns the rights to a massive trove of music and other creative output by the songwriter, filmmaker and producer — more than 60 albums were released during Zappa’s lifetime and 40 posthumously. Like the intellectual property of many rock stars, the Zappa archives controlled by the trust are potentially worth at least tens of millions of dollars, according to one music insider. ... Since the October 2015 death of Zappa’s wife, Gail, however, their children have become embroiled in a feud over control of the trust, which is millions of dollars in debt, pitting one brother and sister against another brother and sister. At issue is not just a celebrated artistic legacy, but even which of the children can perform using the Zappa name and profit from it. ... Thanks to a decision by their mother, he and his younger sister, Diva, 36, share control of the trust — to the dismay and anger of their two older siblings, Dweezil, 46, and Moon, 48, who got smaller portions of the trust than their younger siblings.
This is the Tata long familiar to Indians and business watchers around the world: a group that tied itself to the principles of public service and humane treatment of workers and communities, a century before “corporate social responsibility” became a buzzword. ... Since Jamsetji set up his small trading company in 1868, it has expanded into a major name in global business, with annual turnover exceeding $100bn. Even amid this huge growth, it retained a name for stable leadership: in the first 144 years after it was founded in Mumbai, the group had only five leaders, all drawn from Jamsetji’s descendants. ... But this carefully guarded reputation for ethics and stability, a source of pride for Tata’s 660,000 employees and India itself, is now threatened by an unprecedented crisis. The upheaval began in October last year when Cyrus Mistry, the first chairman drawn from outside the founding family, was suddenly dismissed without explanation, exposing seething tensions between him and his predecessor Ratan Tata.