Michael Jackson
Michael Jackson has earned over $1 billion (£670 million) since his death a year ago, it has been claimed.
According to Billboard, the revenue raised by the Jackson estate since the Michael Jackson passed away on June 25, 2009 has come from a range of sources.
It estimates that $429m has been raised through music sales, including albums, singles and downloads. Approximately $392m has been earned through cinema, TV and DVD/Blu-ray revenues from the rehearsal movie This Is It, released four months after Jackson’s death.
Music publishing accounts for $130m of the figure, based on earnings from the Mijac publishing company administered by Warner/Chappell and Jackson’s share of Sony/ATV.
Despite the cancellation of the ‘This Is It’ tour, the dates raised an estimated $6.5m through non-returned tickets kept as souvenirs, with merchandising, memorabilia exhibits, video games and retail sales less AEG’s share bringing the total figure from licensing and touring to $35m.
Finally, Sony Music Entertainment’s ten album deal with the Jackson estate covering old and unreleased material covers a further $31m for the past 12 months.
RIP Michael Jackson.
RIP Michael.
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RIP MJ!!
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RIP Michael. You did great.
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RIP Michael Jackson. Lots of love!!
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RIP King of pop.
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Wow! time really flies. 1 year since he died? Sounds like yesterday.
RIP MJ
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Shalom. RIP MJ
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OMG! Still can’t believe he is dead! But 1 billion dollars????!
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Too bad he didn’t make that much alive to pay his debts
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So sad. Moon walk in heaven. RIP Michael
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Gone too soon, but that makes you a legend!!
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RIP Michael. You still live in our hearts.
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