Michael Jackson's Estate Generates $310 Million
Mon, 21 Feb 2011 20:07:14
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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?