Michael Jackson made USD1 billion in the year since his death

Written on July 9, 2010 – 11:23 am | by pinolobu |

No wonder his sister said he was murdered, since he’ll worth more dead than alive.

It was estimated that The Man With A Glove / The Man Who Never Has To Look For best weight loss pills, has made more than USD1 billion since his death on 25th June 2009.

USD383 million of that was from his album sales, while the film This Is It has generated almost USD400 million. Then there are the publishing rights, licensing, touring and a new recording contract. Not that Sony Music is going to make him sing beyond the grave, but that it will release 10 albums of his music released over the next 7 years, including of course unreleased material. This deal has so far generated USD31 million, and guaranteed to earn his estate between USD200 and USD250 million.

Even tickets from the doomed This Is It tour generated profits – many fans opted to keep the tickets and hence no refund – USD6.5 million, and the tour merchandise pulled in another USD5 million.

MJ’s music publishing company, Mijac is estimated to have generated up to USD50 million in the past year.

Add into all that his share of Sony/ATV’s revenue, valued at USD80m a year.

Not enough? Add DVD sales, rentals, downloads, royalties and ringtones.

Post a Comment

Want to subscribe?

 Subscribe in a reader
Find entries :