ObenNation.com

  • 06:12:59 pm on March 16, 2010 | 0
    Tags: , , , , , , , ,


    Jackson estate in record deal worth up to $250 mln

    Jackson estate in record deal worth up to $250 mln
    AP, Mar 16, 2010 2:16 am PDT

    Even in death, Michael Jackson is breaking new records.The King of Pop’s estate has signed the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal.
    The record-breaking contract through 2017 could be worth up to $250 million if certain conditions are met. One of the albums will be of never-before-released Jackson recordings that will come out in November, the person said.
    The person spoke on condition of anonymity because the official announcement is expected later Tuesday.
    Future projects may also include a video game, a DVD compilation of videos and a rerelease of “Off the Wall,” Jackson’s fifth studio album, which first came out in 1979, accompanied by some unreleased material. Before his sudden death in June at age 50, the pop star had wanted to reissue the album, people familiar with the deal said.

    read more http://new.music.yahoo.com/michael-jackson/news/jackson-estate-in-record-deal-worth-up-to-250-mln–61990644

    Advertisements
     

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: