Jackson’s Estate Capitalizing on Star’s Post-Death Popularity
According to a Jermaine Jackson, “Michael Jackson’s estate should gain ‘close to $100 million’ through contracts negotiated since the pop star’s death,” assuming the contracts are approved by a Los Angeles court. Alan Duke, Jermaine Jackson on Michael’s kids, estate, burial, CNN, Aug. 7, 2009.
“One agreement would bring in a minimum of $60 million from Columbia Pictures for the rights to make a documentary from video of Jackson’s preparations for his “This Is It” shows that had been planned in London, England. Court papers show the estate would get most of the money, after show promoter AEG Live takes out expenses and 10 percent.” Id.
Posted in: