Wednesday, March 17, 2010

Michael Jackson estate lands historic USD 200 million recording deal

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Even in death Michael Jackson (MJ) still rocks the world.

The estate of MJ has landed the late King of Pop 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.

To read the full article, click here...
To read the ePaper, visit: http://epaper.sunstar.com.ph

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