How crazy is Hollywood...I just read an article that reported Michael Jackson's estate has earned $1 billion since his death June 2009...that article went on to say 'Jackson earned - only - $19 million' his last year alive from his music, downloads, and ventures. I'd like to earn only $19 million - only in Hollywood!
Other Publication: The King of Pop passed away after suffering a cardiac arrest on June 25 and fans flocked to buy his albums and merchandise in the aftermath. Since his death, Jackson's estate administrators have signed a $250 million deal with Sony which gave the record label full access to the singer's back catalogue and unreleased material.
The release of his "This Is It" film, which gave fans a glimpse of Jackson in rehearsals for his ill-fated London tour residency, made more than $260 million.
An insider tells Britain's Sunday Mirror, "The estate has made around $900 million in cash since Michael's death. This is an incredible amount. No other artist has ever made that much since they died. It should ensure Michael goes down in history as the greatest artist of all time."
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