A Different Perspective on Jackson’s Estate
While many articles covering the death of Michael Jackson ponder the amount of debt he left behind, one article points out that increased purchases of all-things-Michael combined with a loss of Jackson’s exorbitant spending could be beneficial for the estate.
Says one company executive, “If this estate finds smart management, his image and likeness is going to be very easy to exploit” because “[t}here’s a fan base that is hungry for seemingly as much Michael as they can ever get.”
Tim Arango and Ben Sisaro, Jackson’s Estate: Piles of Assets, Loads of Debt, NY Times, June 26, 2009.
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