Michael Jackson set a report within the historical past of music with a contract for 200 million {dollars}. The tasks on it additionally embrace beforehand unreleased albums by the King of Pop.
Michael Jackson’s legacy was bought for $200 million to Sony Music Leisure, a report in music historical past. It options some beforehand unreleased albums.
The time period of the contract is till 2017, and its worth might even attain 250 million {dollars}, if a few of its circumstances are met, writes “Occasions On-line”. Particulars of the deal can be introduced in a while Tuesday.
Future tasks embrace the discharge of a online game, a DVD compilation of movies, and a reissue of the late star’s fifth studio album, Off the Wall.
One of many tasks is the discharge of a two-disc album of the soundtrack to the movie This Is It. It exhibits rehearsals for the live shows that had been to mark the pop icon’s return to the stage.
The publication remembers that after the loss of life of Michael Jackson in June of final 12 months, his albums had been bought in 31 million copies, and the particular version of This Is It in 5 million copies.
The deal is larger than the one which live performance organizer Reside Nation Leisure signed with Madonna for $120 million and with rapper Jay-Z for $150 million.
#Michael #Jackson #report #contract #million #{dollars}
