Michael Jackson’s Estate Signs A Record Breaking Contract
Written by: GG
Michael Jackson's This Is It promo poster
Michael Jackson hasn’t been gone for a year yet, but Sony has already inked his estate to a contract that allows them to release ten albums over the next seven years. MJ’s estate will receive at least 200 million dollars and up to 250 million dollars in the deal.
This was reported in the online version of the Wall Street Journal on Sunday.
There are a few other interesting tidbits in the article about possible future MJ releases.
- An album of unreleased material is scheduled to be released before years end, with another one due out “later”.
- It’s possible that we’re going to see more extended versions of his previous albums.
- Expect more remix albums and a DVD release including all of his videos.
One of the more interesting ideas according to the article is the possibility of creating a Las Vegas Cirque du Soleil show based on Jackson’s music.
I wonder if Jermaine gets a piece out of any of this. Maybe they gave him some hush money to stop sticking his foot in his mouth, especially on television.
There’s much more in the financial details of the deal included in the article.
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