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 period, Nesmith started his multimedia company Pacific Arts, which initially put out audio records, 8-tracks, and cassettes, followed in 1981 with "video records." Nesmith recorded a number of LPs for his label, and had a moderate worldwide hit in 1977 with his song "Rio," the single taken from the album "From a Radio Engine to the Photon Wing". In 1983, Nesmith produced the music video for the Lionel Richie single "All Night Long". In 1987, he produced the music video for the Michael Jackson single "The Way You Make Me Feel". During this time, Nesmith created a video-clip for "Rio"