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.

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

Labels can now pay for Spotify plays with ‘Sponsored Songs’

A new Sponsored Content setting has appeared on Spotify confirming rumours that labels can pay for plays on the platform soon. This week an option to opt-out of “Sponsored Content” was found on Spotify. With rumours…

Alan Walker and Alex Skrindo – Sky – Killing It. Insomnia Records Compilation for EDC Las Vegas 2017

Alan Walker is back with a new track and this time it is a called with RouteNote and Outertone artist Alex Skrindo. Sky is an upbeat track that I’m expecting Alan Walker to play at…

Leave a Reply

Your email address will not be published.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