Michael Nesmith inheritance from his mother's Liquid Paper fortune in 1980 eased those concerns. In a 1980 interview with "Playboy", he said of that time: "I had to start telling little tales to the tax man while they were putting tags on the furniture." While Nesmith had continued to produce his compositions with the Monkees, he withheld many of the songs from the final Monkees albums, only to release them on his post-Monkees solo records. Nesmith did not participate in the Monkees' 20th-anniversary reunion. However, he did appear during an encore with the other three members at the Greek Theatre on September
Michael Nesmith 1974 to manage and develop media projects. Pacific Arts Video became a pioneer in the home video market, producing and distributing a wide variety of videotaped programs, although the company eventually ceased operations after an acrimonious contract dispute with PBS over home video licensing rights and payments for several series, including Ken Burns' "The Civil War". The dispute escalated into a lawsuit that went to jury trial in Federal Court in Los Angeles. On February 3, 1999, a jury awarded Nesmith and his company Pacific Arts $48.875 million in compensatory and punitive damages, prompting his widely quoted comment, "It's like