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 música sales, his estate has generated nearly $1 billion in the past year,Billboard reports via Reuters.
Billboard broke down the fuente of that windfall, determining that nearly half of it came from the robust música 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 por 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 tu 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 música subscription services and $4.5 million from global digital performances for a música total of $429 million.
The segundo biggest fuente of revenue was TV and movie projects, led por the "Michael Jackson: This Is It" documentary about the singer's final rehearsals for his planned Londres 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 concierto 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 japón on the first día 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 música publishing rights, was another lucrative fuente 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 año 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 fans declined to return their tickets to the Londres This Is It shows, preferring to retain them as keepsakes, those tickets were worth $6.5 million, along with around $5 million in concierto merchandise sales; a segundo deal with merchandise maker Bravado cut in August reportedly included a $10 million advance. A Jackson memorabilia exhibit in japón has earned $3.5 million. And additional licensing royalties and retail sales could have rolled up $10 million o más 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 música 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 música and the death that shook the world one año ago.
But thanks to a flurry of merchandising deals and a flood of nostalgia-fueled música sales, his estate has generated nearly $1 billion in the past year,Billboard reports via Reuters.
Billboard broke down the fuente of that windfall, determining that nearly half of it came from the robust música 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 por 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 tu 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 música subscription services and $4.5 million from global digital performances for a música total of $429 million.
The segundo biggest fuente of revenue was TV and movie projects, led por the "Michael Jackson: This Is It" documentary about the singer's final rehearsals for his planned Londres 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 concierto 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 japón on the first día 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 música publishing rights, was another lucrative fuente 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 año 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 fans declined to return their tickets to the Londres This Is It shows, preferring to retain them as keepsakes, those tickets were worth $6.5 million, along with around $5 million in concierto merchandise sales; a segundo deal with merchandise maker Bravado cut in August reportedly included a $10 million advance. A Jackson memorabilia exhibit in japón has earned $3.5 million. And additional licensing royalties and retail sales could have rolled up $10 million o más 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 música 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 música and the death that shook the world one año ago.
Dr. Conrad Murray had requested lifesaving equipment and back-up help for Michael Jackson from the promoter of the Londres concerts -- AEG -- but the company never came through, according to a new complaint filed por Joe Jackson.
TMZ broke the story -- Joe was gunning for AEG por filing complaints with the California Medical Board and another agency, alleging the concierto promoter abused Jackson in a way that led to his death -- and he's just filed with the Medical Board.
Joe claims days before Jackson's death Murray had requested a corazón resuscitation machine and a nurse in several e-mails making the request, but AEG never provided it.
According to the complaint, Joe is accusing AEG of co-opting Murray's medical judgment por enticing him with a huge salary -- in effect engaging in the "unlawful practice of corporate medicine."
Besides the CPR machine, Murray also asked for saline, catheters, needles and a gurney.
AEG and Murray had no comment.
TMZ broke the story -- Joe was gunning for AEG por filing complaints with the California Medical Board and another agency, alleging the concierto promoter abused Jackson in a way that led to his death -- and he's just filed with the Medical Board.
Joe claims days before Jackson's death Murray had requested a corazón resuscitation machine and a nurse in several e-mails making the request, but AEG never provided it.
According to the complaint, Joe is accusing AEG of co-opting Murray's medical judgment por enticing him with a huge salary -- in effect engaging in the "unlawful practice of corporate medicine."
Besides the CPR machine, Murray also asked for saline, catheters, needles and a gurney.
AEG and Murray had no comment.
Michael Jackson had some unexpected company drop por this weekend -- a surprise visit from his close friend Stevie Wonder.
TMZ has confirmed that the singer and three of his children stopped por Michael's tomb at the Forest Lawn Cemetery in Glendale, CA this weekend to pay their respects.
According to Stevie's rep, Wonder and his kids had gone to the cemetery to visit Stevie's dearly departed mother -- but Stevie's children insisted they visit MJ too.
Wonder and MJ were famously close -- and at MJ's memorial last year, Stevie told the crowd he often let Michael know how much he loved him ... and was "at peace with that."
See also
TMZ has confirmed that the singer and three of his children stopped por Michael's tomb at the Forest Lawn Cemetery in Glendale, CA this weekend to pay their respects.
According to Stevie's rep, Wonder and his kids had gone to the cemetery to visit Stevie's dearly departed mother -- but Stevie's children insisted they visit MJ too.
Wonder and MJ were famously close -- and at MJ's memorial last year, Stevie told the crowd he often let Michael know how much he loved him ... and was "at peace with that."
See also
TMZ has learned Presley sent the flores to sunflowerguy.com -- along with a personalized card that said, "Thank tu so much for donating the beautiful flowers."
As we previously reported, the florist sent más than 1,500 sunflowers to Forest Lawn Cemetery on Friday , after Lisa Marie begged MJ's fans to do a better job of decorating Michael's tomb.
Originally publicado May 13th 2010 5:30 PM PDT por TMZ Staff
Lisa Marie Presley's desperate plea for fans to bring más flores to Michael Jackson's tomb must have fallen on deaf ears -- because as of today the entrance to the tomb was pretty bare.
Michael Jackson's ex-wife complained about too much "empty space" around the singer's tomb on her MySpace page yesterday -- and urged fans to fill the void with lots of sunflowers ... but obviously that didn't happen.
fans have since fired back, claiming they've been faithfully doing their part flowers-wise since MJ died last year.
Read more: link
Lisa Marie Presley's desperate plea for fans to bring más flores to Michael Jackson's tomb must have fallen on deaf ears -- because as of today the entrance to the tomb was pretty bare.
Michael Jackson's ex-wife complained about too much "empty space" around the singer's tomb on her MySpace page yesterday -- and urged fans to fill the void with lots of sunflowers ... but obviously that didn't happen.
fans have since fired back, claiming they've been faithfully doing their part flowers-wise since MJ died last year.
Read more: link
Verse 1:
Looking out
Across the nighttime
The city winks a sleepless eye
Hear her voice
Shake my window
Sweet seducing sighs
Verse 2:
Get me out
Into the nighttime
Four walls won't hold me tonight
If this town
Is just an apple
Then let me take a bite
Chorus:
If they say
Why, why, tell 'em that it's human nature
Why, why, does he do me that way
if they say-
Why, why, tell 'em that it's human nature
Why, why, does he do me that way
Verse 3:
Reaching out
To touch a stranger
Electric eyes are ev'rywhere
See that girl
She knows I'm watching
She likes the way I stare
Chorus
I like lovin' this way
I like lovin' this way
Verse 4:
Looking out
Across the morning
Where the city's corazón begins to beat
Reaching out
I touch her shoulder
I'm dreaming at the Street
Chorus
Looking out
Across the nighttime
The city winks a sleepless eye
Hear her voice
Shake my window
Sweet seducing sighs
Verse 2:
Get me out
Into the nighttime
Four walls won't hold me tonight
If this town
Is just an apple
Then let me take a bite
Chorus:
If they say
Why, why, tell 'em that it's human nature
Why, why, does he do me that way
if they say-
Why, why, tell 'em that it's human nature
Why, why, does he do me that way
Verse 3:
Reaching out
To touch a stranger
Electric eyes are ev'rywhere
See that girl
She knows I'm watching
She likes the way I stare
Chorus
I like lovin' this way
I like lovin' this way
Verse 4:
Looking out
Across the morning
Where the city's corazón begins to beat
Reaching out
I touch her shoulder
I'm dreaming at the Street
Chorus
Originally publicado May 3rd 2010 8:25 PM PDT por TMZ Staff
God help anyone who uses a picture of Michael Jackson to hawk their products, because the licensee of MJ's image is going after some new companies with a vengeance.
Bravado International Group -- which markets all things Michael -- is suing T-Line Design, Inc. based in Oregon.
According to the federal suit, obtained por TMZ, T-Line is downright "defiant," sardonically escritura a blog that says, "...it SUCKS TOTAL BOLLOCKS when people steal those creations..."
The suit seeks $750 for each image illegally used, as well as statutory damages of $150,000.
Bravado filed two other infringement suits today against two other companies for unauthorized MJ
Read more: link
God help anyone who uses a picture of Michael Jackson to hawk their products, because the licensee of MJ's image is going after some new companies with a vengeance.
Bravado International Group -- which markets all things Michael -- is suing T-Line Design, Inc. based in Oregon.
According to the federal suit, obtained por TMZ, T-Line is downright "defiant," sardonically escritura a blog that says, "...it SUCKS TOTAL BOLLOCKS when people steal those creations..."
The suit seeks $750 for each image illegally used, as well as statutory damages of $150,000.
Bravado filed two other infringement suits today against two other companies for unauthorized MJ
Read more: link
like your charm, your face,
just everything.
But the thing I think of the most
is that smile of yours.
Everytime I see it,
my corazón skips a beat
and my thoughts get lost in it.
Your smile gives me butterflys in my stomach.
Your smile makes ángeles sing, a song that fills the streets.
Without that smile,
there is no joy in this world.
No one can replace it.
There is no mistake that when tu smile,
that wonderful, beautiful smile,
the world turns into a better place.
To: My LOVE, Michael Joseph Jackson
By: Gracie