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Real Life Zone

The Michael Jackson Money Machine

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#1 of 7

     Posted Oct-30 7:21 PM   
*teri*
 
From  *teri*  Posts 24747  Last Nov-24
To  All      [Msg # 172989.1 ]    

Care to guess how much  money Michael Jackson has made since his death?

$90 million! 

Here's a list of the ways his estate will continue to earn.

  • Album Sales - His lifetime sales are estimated to surpass 200 million.
  • Digital Single Sales - In the two weeks after his death, Jackson sold over 5 million digital singles.
  • Radio Play - In the two weeks following his death, his songs were played over 100,000 times.
  • This Is It - Sony payed $60 million to AEG and the Jackson estate for the right to produce this film, and will retain 10% of the profits.
  • Sony/ATV Catalog - It's estimated to be worth $47.5 million.
  • Mijac Music Publishing - This catalog contains Jackson's music, among other artists.
  • Merchandise - Includes a wide range of products, from books to school supplies. This will play a big part of estate earnings. Licensing is a third of Elvis' earning power.

    Amazing isn't it? So much money! I don't remember offhand what Elvis earns, but I won't be surprised if Jackson surpasses that. Do you think he will?

    source

     

  •  

    *teri*  ~Casual Chat Forum~
    Blues what blues..hey i forgot 'em
    The sun and the sand and a drink in my hand with no bottom

    ~Kenny Chesney~

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    #2 of 7

         Posted Oct-31 8:03 AM   
    Bob B
     
    From  Bob B  Posts 193  Last 9:10 AM
    To  *teri*      [Msg # 172989.2 Message 172989.2 replying to 172989.1 172989.1 ]    

    Care to guess how much  money Michael Jackson has made since his death?

    Teri,

    I don't think he's making any money at all.  But if he is, he's having a difficult time spending it.

    Bob

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    #3 of 7

         Posted Oct-31 9:31 AM   
    Pearlie
     
    From  Pearlie  Posts 187  Last 8:24 AM
    To  *teri*      [Msg # 172989.3 Message 172989.3 replying to 172989.1 172989.1 ]    
    Still, Mama Catherine says she cannot live on all the thousands she is receiving every month.  And, this is in addition to about 60K the children have coming in each month.  Makes me wonder just who is managing Catherine.
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    #4 of 7

         Posted Oct-31 3:15 PM   
    *teri*
     
    From  *teri*  Posts 24747  Last Nov-24
    To  Bob B      [Msg # 172989.4 Message 172989.4 replying to 172989.2 172989.2 ]    

     But if he is, he's having a difficult time spending it.>>>    lol

     

    He may not be able to spend it, but there will be many people who will still be making a good living off of him. His whole life is such a sad, bizarre story. I can't even begin imagine what it must have been like to be him. (and I don't think I really care to know)

     

    *teri*  ~Casual Chat Forum~
    Blues what blues..hey i forgot 'em
    The sun and the sand and a drink in my hand with no bottom

    ~Kenny Chesney~

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    #5 of 7

         Posted Oct-31 3:23 PM   
    *teri*
     
    From  *teri*  Posts 24747  Last Nov-24
    To  Pearlie      [Msg # 172989.5 Message 172989.5 replying to 172989.3 172989.3 ]    

    Still, Mama Catherine says she cannot live on all the thousands she is receiving every month.  And, this is in addition to about 60K the children have coming in each month.  Makes me wonder just who is managing Catherine.>>

    Can you imagine, what it must be like?  If you're used to living on .. say, $10,000 a month. Then all of a sudden you have to start living on only $5,000? Even though that might be a huge sum to us common mortals <s>, that's  a 50% reduction of income. If my income were reduced by that much, I would be in a panic. But people like that, they have to pay a huge mortage, the servants, the pool boy, the maid, etc. Heaven forbid they should have to live like the rest of us.

    And those poor kids. I can't help but think they are in for a lifetime of hurt and suffering. They will have to be guarded all the time and probably won't ever be able to just walk down the street or go shopping like the rest of us. And while there are families that have to do this, and seem to be just fine, most of them have not come from the freak show that is the Jackson family.  From the outside looking in, it's difficult to guess just who has those kids best interests at heart, and who cares only about the enormous amount of money they are worth.

     

    *teri*  ~Casual Chat Forum~
    Blues what blues..hey i forgot 'em
    The sun and the sand and a drink in my hand with no bottom

    ~Kenny Chesney~

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    #6 of 7

         Posted Oct-31 4:32 PM   
    Foxy
     
    From  Foxy  Posts 1313  Last Nov-23
    To  *teri*      [Msg # 172989.6 Message 172989.6 replying to 172989.1 172989.1 ]    

    <<<Care to guess how much  money Michael Jackson has made since his death?>>

    Guess I just don't care how much he makes..he sure won't be enjoying it.....as for the kids...I'll venture to say they'll grow up in spite of the whole Jackson Clan, hopefully for the better.

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    #7 of 7

         Posted Nov-1 12:06 PM   
    *teri*
     
    From  *teri*  Posts 24747  Last Nov-24
    To  Foxy      [Msg # 172989.7 Message 172989.7 replying to 172989.6 172989.6 ]    

    I'll venture to say they'll grow up in spite of the whole Jackson Clan, hopefully for the better. >>

    I hope so too.

     

    *teri*  ~Casual Chat Forum~
    Blues what blues..hey i forgot 'em
    The sun and the sand and a drink in my hand with no bottom

    ~Kenny Chesney~

     OptionsReply to this Message Reply
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    Real Life Zone

    The Michael Jackson Money Machine

      
     
         



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