Michael Jackson Conjures Up $250 Million Record Contract From Beyond The Grave

Michael Jackson Conjures Up $250 Million Record Contract From Beyond The Grave-photo

Even though Michael Jackson has already passed on, his music is still raking in money. Jackson's estate reportedly signed a recording contract with Sony that would involve releasing a new album and also extend Sony's ownership to Jackson's recordings and back catalogs through 2017. The Jackson estate allegedly signed the deal for $250 million, making it one of the biggest record contracts ever.

A new album from Michael Jackson is expected to be released later this year and will include unreleased recordings and updated versions of old classics. The real money-maker for Sony is going to be ownership of Jackson's catalog, meaning that any time a Jackson song is played in a movie, on television or in a computer game, Sony will get paid.

Hopefully some of this money will go towards getting Jackson's children away from Norwegian rappers.

 

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  • maggie lewis
    maggie lewis

    michael jackson will be missed by his fans

 
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