Michael Jackson Estate Signs 10 Album Deal – Biggest Music Deal Ever

michael jacksonThe king of pop’s estate has signed a deal with Sony to release 10 albums of Jackson’s material – as many as he released solo albums while he was alive. The price tag on the deal is truly staggering; £132 million, even without hitting any sales targets. The concert film ‘This Is It’ was also a big earner, grossing £171 million at the box office, and the two between them clear the massive debts that the estate owed, estimated at around £263 million, with a £40 million overspill to be divvied up between the beneficiaries. Quite how MJ managed to run up such a phenomenal overdraft in the first place is another question – obviously owning a personal zoo doesn’t come cheap.

27, M, U.K.

Music made a whopping $4.1 billion for UK’s economy in 2015

UK Music have revealed the giant contribution that music made to the United Kingdom’s economy last year showing growth and confirming stability in the industry despite concerns. UK Music just published their Measuring Music 2016…

Get 3 months of SoundCloud Go for just 99¢/99p

SoundCloud are now offering their very first special offer on SoundCloud Go, their new subscription service launched earlier this year. Earlier this year SoundCloud, the world’s largest music and audio platform, launched their first ever…

Leave a Reply

Your email address will not be published. Required fields are marked *