Michael Jackson

Michael Jackson’s estate has signed an unprecedented seven-year deal with Sony that is estimated to be worth more than $200 MILLION.
The deal is thought to involve up to 10 new Jackson projects including computer video games, music and film DVD releases.
An administrator is quoted as saying “We and Sony feel that the future for Michael Jackson is unlimited,”
Since Michael Jackson died on 25th June last year, Sony has sold around 31 MILLION albums worldwide, and the company wants to expand the Jackson brand into other areas.
“The audio rights span across different projects,” said Rob Stringer, chairman of Sony's US label Columbia Epic... “There may be theatre. There may be films and movies. There may be computer games - or multimedia platforms that I don't know about today that will happen in 2015.”
The deal, described by Sony and Jackson's estate as the most lucrative music contract on record, would guarantee the late singer's heirs at least $200m (£139m), (according to the Wall Street Journal).
Michael Jackson's estate, by the first anniversary of his death, is expected to have made $250m (£166m) from the sale of music, merchandise and tickets to the posthumous concert movie, This Is It.