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.

All the Record Store Day exclusive vinyl releases revealed 2017

The full list of vinyl records being released exclusively and especially for Record Store Day has been revealed with hundreds of great records. It’s almost a month until the shopping craze of the year –…

Eminem drops surprise freestyle attack on US President Trump

“Any fan of mine who’s a supporter of his, I’m drawing in the sand a line, you’re either for or against” Eminem raps in scathing freestyle against Donald Trump. At last night’s Hip-Hop BET awards,…

Leave a Reply

Your email address will not be published.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