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  • Michael Jackson's Estate Generates $310 Million

    Mon, 21 Feb 2011 20:07:14

    Michael Jackson's Estate Generates $310 Million - Albums sales, films, merchandise make up the bounty

    Michael Jackson Photos

    • Michael Jackson - GARY, IN - JUNE 25: Fans pay respect to the King of Pop at 2300 Jackson street on the 5th Anniversary of Michael Jackson's Death on June 25, 2014 in Gary, Indiana.
    • Michael Jackson - GARY, IN - JUNE 25: Fans pay respect to the King of Pop at 2300 Jackson street on the 5th Anniversary of Michael Jackson's Death on June 25, 2014 in Gary, Indiana.
    • Michael Jackson - GARY, IN - JUNE 25: Fans pay respect to the King of Pop at 2300 Jackson street on the 5th Anniversary of Michael Jackson's Death on June 25, 2014 in Gary, Indiana.

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    Reuters reports that Michael Jackson's estate has generated $310 million in revenue from album sales, a film, merchandising and other products since the singer died in 2009, according to court papers filed on Thursday of last week.

    His estate's administrators have used $159 million to pay down his debt, which when Jackson died amounted to more than $400 million.

    Beneficiaries of the estate are Jackson's children, his mother and various charities.

    Wow, earning $310 million posthumously? That's impressive.

    Have you purchased any Michael Jackson music since he died?

    —Amy Sciarretto
    02.21.11




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