At the time of his death last June, Michael Jackson was reportedly deeply in debt and had agreed to sign on for an unprecedented 50-date run at the O2 arena in London, as a means of turning his financial fortunes around.
But thanks to a flurry of merchandising deals and a flood of nostalgia-fueled Musica sales, his estate has generated nearly $1 billion in the past year,Billboard reports via Reuters.
Billboard broke down the fonte of that windfall, determining that nearly half of it came from the robust Musica sales following the singer's shock death on June 25, 2009. Jackson has sold 9 million albums in the U.S. and 24 million around the globe since his death, along with around 800,000 copies of albums da the Jackson 5 and the Jacksons. Assuming a worldwide retail sales price of $11.62 per unit, the magazine estimated that the Jackson catalog brought in about $383 million in sales.
Add in 12.9 million track downloads in the U.S. over the past year, along with 26.5 million in international downloads, and te have another $34 million. Then there's about 1.5 million in ringtone sales in America, another 3 million globally for another $5 million, as well as $2 million from digital performance royalties from Musica subscription services and $4.5 million from global digital performances for a Musica total of $429 million.
The secondo biggest fonte of revenue was TV and movie projects, led da the "Michael Jackson: This Is It" documentary about the singer's final rehearsals for his planned Londra shows. Sony Pictures paid $60 million for the rights to the film, which earned $72 million at the box office to become the highest-grossing concerto film ever. It earned an additional $188 million overseas, while the DVD of the film raked in $43 million in the U.S., as well as $24 million in rental income. It earned $18 million just in Giappone on the first giorno of release and another $7 million in Blu-Ray sales.
Billboard also speculated that the sales of the TV rights to "This Is It" to Viacom (the parent company of MTV) may have generated an additional $15 million, and licensing fees for nontheatrical performances (airplanes, cruise ships, hotels) could bring in around $24 million.
One of Jackson's traditional cash cows, his Musica publishing rights, was another lucrative fonte of income, taking in nearly $130 million. The singer's Mijac publishing company — with an estimated value of $75 million in 2005 — has a current value of around $150 million, generating around $25 million a anno in revenue, with that number possibly doubling to $50 million in the past year. Jackson's half ownership of the lucrative Sony/ATV catalog could be worth as much as an additional $80 million a year.
The executors of Jackson's estate have cut a series of deals over the past year, resulting in around $35 million in additional revenue. Because many fan declined to return their tickets to the Londra This Is It shows, preferring to retain them as keepsakes, those tickets were worth $6.5 million, along with around $5 million in concerto merchandise sales; a secondo deal with merchandise maker Bravado cut in August reportedly included a $10 million advance. A Jackson memorabilia exhibit in Giappone has earned $3.5 million. And additional licensing royalties and retail sales could have rolled up $10 million o più for the estate.
It is not known how much game-maker Ubisoft paid to license Jackson's image for an upcoming video game o what potential revenues could be from a pair of upcoming Jackson-themed Cirque du Soleil shows.
Finally, even in death Jackson has one of the most lucrative recording contracts around. Sony Musica Entertainment cut a deal in March with the estate to release 10 Jackson albums through 2017. From a collection of previously unreleased Jackson songs due in November to reissues of such landmark albums as 1979's solo debut, Off the Wall, the estate is guaranteed between $200 and $250 million for the Sony pact. Though none of the albums have been released yet, if just one of the contract's eight years comes off as planned, it could add $31 million to the estate's coffers.
Celebrate Michael Jackson's legacy all week long as MTV News looks back at his life, his Musica and the death that shook the world one anno ago.
But thanks to a flurry of merchandising deals and a flood of nostalgia-fueled Musica sales, his estate has generated nearly $1 billion in the past year,Billboard reports via Reuters.
Billboard broke down the fonte of that windfall, determining that nearly half of it came from the robust Musica sales following the singer's shock death on June 25, 2009. Jackson has sold 9 million albums in the U.S. and 24 million around the globe since his death, along with around 800,000 copies of albums da the Jackson 5 and the Jacksons. Assuming a worldwide retail sales price of $11.62 per unit, the magazine estimated that the Jackson catalog brought in about $383 million in sales.
Add in 12.9 million track downloads in the U.S. over the past year, along with 26.5 million in international downloads, and te have another $34 million. Then there's about 1.5 million in ringtone sales in America, another 3 million globally for another $5 million, as well as $2 million from digital performance royalties from Musica subscription services and $4.5 million from global digital performances for a Musica total of $429 million.
The secondo biggest fonte of revenue was TV and movie projects, led da the "Michael Jackson: This Is It" documentary about the singer's final rehearsals for his planned Londra shows. Sony Pictures paid $60 million for the rights to the film, which earned $72 million at the box office to become the highest-grossing concerto film ever. It earned an additional $188 million overseas, while the DVD of the film raked in $43 million in the U.S., as well as $24 million in rental income. It earned $18 million just in Giappone on the first giorno of release and another $7 million in Blu-Ray sales.
Billboard also speculated that the sales of the TV rights to "This Is It" to Viacom (the parent company of MTV) may have generated an additional $15 million, and licensing fees for nontheatrical performances (airplanes, cruise ships, hotels) could bring in around $24 million.
One of Jackson's traditional cash cows, his Musica publishing rights, was another lucrative fonte of income, taking in nearly $130 million. The singer's Mijac publishing company — with an estimated value of $75 million in 2005 — has a current value of around $150 million, generating around $25 million a anno in revenue, with that number possibly doubling to $50 million in the past year. Jackson's half ownership of the lucrative Sony/ATV catalog could be worth as much as an additional $80 million a year.
The executors of Jackson's estate have cut a series of deals over the past year, resulting in around $35 million in additional revenue. Because many fan declined to return their tickets to the Londra This Is It shows, preferring to retain them as keepsakes, those tickets were worth $6.5 million, along with around $5 million in concerto merchandise sales; a secondo deal with merchandise maker Bravado cut in August reportedly included a $10 million advance. A Jackson memorabilia exhibit in Giappone has earned $3.5 million. And additional licensing royalties and retail sales could have rolled up $10 million o più for the estate.
It is not known how much game-maker Ubisoft paid to license Jackson's image for an upcoming video game o what potential revenues could be from a pair of upcoming Jackson-themed Cirque du Soleil shows.
Finally, even in death Jackson has one of the most lucrative recording contracts around. Sony Musica Entertainment cut a deal in March with the estate to release 10 Jackson albums through 2017. From a collection of previously unreleased Jackson songs due in November to reissues of such landmark albums as 1979's solo debut, Off the Wall, the estate is guaranteed between $200 and $250 million for the Sony pact. Though none of the albums have been released yet, if just one of the contract's eight years comes off as planned, it could add $31 million to the estate's coffers.
Celebrate Michael Jackson's legacy all week long as MTV News looks back at his life, his Musica and the death that shook the world one anno ago.
Blazing 'Cross The Evening Sky
Gone Too Soon
Like A Rainbow
Fading In The Twinkling Of An Eye
Gone Too Soon
Shiny And Sparkly
And Splendidly Bright
Here One Day
Gone One Night
Like The Loss Of Sunlight
On A Cloudy Afternoon
Gone Too Soon
Like A Castle
Built Upon A Sandy Beach
Gone Too Soon
Like A Perfect Flower
That Is Just Beyond Your Reach
Gone Too Soon
Born To Amuse, To Inspire, To Delight
Here One Day
Gone One Night
Like A Sunset
Dying With The Rising Of The Moon
Gone Too Soon
Gone Too Soon
link
te know i think Michael really wanted to change the world. te can tell because of his songs like man in the mirror,heal the heal world,earth song,black o white,and they don't care about us. and it is so sad that he pasted and when i looked at the video they don't care about us i really started to cry becuase is was so happy to see all the people that loved him and saw him. i mean he was and still the king of pop. i mean Michael had kids,family, and fan and Michael song te are not alone in so meaningful atfer his death. :( I Amore te MICHAEL!!!
basso note, treble, stereo control, how low te go
Just enough to make your juices flow
Press play, don't stop, rotate, too hot
te feel I'm real
I'm everything te need, so tell me what's the deal
Chorus
2000 Watts, 8 ohms, 200 volts, real strong
Too much of that, fuse blown
Be careful what te say don't overload
2000 Watts, 8 ohms, 200 volts, real strong
Too much of that, fuse blown
Be careful what te say don't overload
3D, high speed, feedback, Dolby
Release two o three, when I reach I can go 'till I hit my peak
Compact steelo, chico, D-Lo, highpost lady
Shorty really wanna be there for me
Chorus
2000 Watts, 8 ohms, 200 volts, real strong
Too much of that, fuse blown
Be careful what te say don't overload
2000 Watts, 8 ohms, 200 volts, real strong
Too much of that, fuse blown
Just enough to make your juices flow
Press play, don't stop, rotate, too hot
te feel I'm real
I'm everything te need, so tell me what's the deal
Chorus
2000 Watts, 8 ohms, 200 volts, real strong
Too much of that, fuse blown
Be careful what te say don't overload
2000 Watts, 8 ohms, 200 volts, real strong
Too much of that, fuse blown
Be careful what te say don't overload
3D, high speed, feedback, Dolby
Release two o three, when I reach I can go 'till I hit my peak
Compact steelo, chico, D-Lo, highpost lady
Shorty really wanna be there for me
Chorus
2000 Watts, 8 ohms, 200 volts, real strong
Too much of that, fuse blown
Be careful what te say don't overload
2000 Watts, 8 ohms, 200 volts, real strong
Too much of that, fuse blown
There were no albums bigger than Thriller and Bad, and Jackson seemed to be just entering his prime as an artist.
In hindsight, considering the astonishing heights he hit in the 1980s, maybe there was nowhere to go but down. On superiore, in alto of the world profeessionally, his persional affairs increasingly came under the microscope and seemed to gradually bleed the life and vibrancy out of the mercurial artist.
The new decade sarted off with Jackson in the studio, recording his new album, Dangerous. Jackson had recently signed a 15-years, six-record deal with sony, and if the singer was able to deliver sales numbers comparable to what he postato in the 1980s, the deal was estimated to have an earing power of up to $1 billion.
Dangerous got off to a great start-it debuted at number one and quickly outpaced the sales of Bad.
Here come ol' flat superiore, in alto
He come groovin' up slowly
He's got Joo Joo eyeball
He one holy roller
He got hair down to his knees
Got to be a joker he just do what he please
He wear no shoeshine
He's got toe marmellata football
He's got monkey finger
He shoot Coca-Cola
He say "I know you, te know me"
One thing I can tell te is te got to be free
Come together
right now
over me
He bag production
He's got walrus gum-boot
He's got Ono sideboard
He one spinal cracker
He got feet down through his knees
Hold te in his poltrona
te can feel his disease
Come together
right now
over me
He roller coaster
He's got early warning
He's got muddy water
He one Mojo filter
He say "One and one and one is three"
Got to be good looking
'cause he's so hard to see
Come together
right now
over me
He come groovin' up slowly
He's got Joo Joo eyeball
He one holy roller
He got hair down to his knees
Got to be a joker he just do what he please
He wear no shoeshine
He's got toe marmellata football
He's got monkey finger
He shoot Coca-Cola
He say "I know you, te know me"
One thing I can tell te is te got to be free
Come together
right now
over me
He bag production
He's got walrus gum-boot
He's got Ono sideboard
He one spinal cracker
He got feet down through his knees
Hold te in his poltrona
te can feel his disease
Come together
right now
over me
He roller coaster
He's got early warning
He's got muddy water
He one Mojo filter
He say "One and one and one is three"
Got to be good looking
'cause he's so hard to see
Come together
right now
over me