Michael Jackson appears on the latest edition of Billboard magazine. Billboard who have written some superb editorials on MJ are worth checking out:
How The Michael Jackson’s Estate Earns $145 Million A Year:
In June 2010, a year after Michael Jackson’s death, Billboard looked at the estate’s music-based revenue streams and estimated that some $1 billion of gross revenue flowed into it. Through interviews with industry experts and our own number-crunching, Billboard examined the revenue that Jackson generated in 2012, as well as that to date in 2013, and also estimated the earnings that revenue generated for the estate. The results don’t match those of 2010, when Jackson’s loss was still fresh, but they remain impressive: 2012 music-based revenue of $544.6 million, with the estate’s earnings at $121 million. Estate sources suggest the full earnings total is closer to $160 million, which would leave $39 million in merchandising, film and TV licensing, DVD sales and other licensing deals.
–CLICK TO READ THE FULL ARTICLE–
Michael Jackson’s Touring Life After Death :
CONCEIVED THROUGH AN equal revenue-sharing partnership between the Jackson estate and Cirque du Soleil, “Michael Jackson: The Immortal World Tour” recently became the No. 9 top-grossing tour of all time, earning $325.1 million from 407 shows that drew 2,985,324 concert-goers, according to Billboard Boxscore. Tickets prices ranged between $50 and $250.
“Immortal” also ranked fourth among Billboard’s top 25 highest-grossing tours of 2012 and took home the Creative Content Award at the Billboard Touring Awards that same year. Although official rankings haven’t yet been released, “Immortal” will rank among the highest-grossing tours of 2013 as well.
Leave a Reply