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-   -   Michael Jackson Has Made $1 Billion Since His Death (https://www.revscene.net/forums/617975-michael-jackson-has-made-%241-billion-since-his-death.html)

MR_BIGGS 06-21-2010 04:32 PM
Michael Jackson Has Made $1 Billion Since His Death
 
Michael Jackson Has Made $1 Billion Since His Death
Posted 06.21.2010

Quote:
Jackson's finances going strong...

In the year following his death, Michael Jackson's finances are anything but dead. According to Billboard, the King of Pop's estate has gained a major infusion of revenue that totals at least $1 billion.

The cash flow comes from various sources; since his death Jackson's albums have moved nine million copies in the United States while the Jackson 5 and the Jacksons have sold about 800,000 copies of their albums. Meanwhile, Jackson's songs have sold 12.9 million tracks in online sales and 1.5 million ring tones, accounting for a total of $429 million in music-related profits. The grosses of Michael Jackson's This is It DVD sales and broadcast have added another $392 million while his music publishing companies Mijac and Sony/ATV have made $130 million. Add another $35 million for licensing and touring and $31 million toward advances for album re-releases and unreleased material and the total comes in at a whopping $1.013 billion dollars.

boss604 06-21-2010 04:34 PM
rip king of pop

greendb7 06-21-2010 04:37 PM
Don't stop till you get enough!

satek 06-21-2010 04:40 PM
He is still alive. He's hanging out with 2Pac.

Harvey Specter 06-21-2010 05:16 PM
Hopefully most of the money will go to his kids.

97ITR 06-21-2010 05:28 PM
Quote:
The cash flow comes from various sources; since his death Jackson's albums have moved nine million copies in the United States while the Jackson 5 and the Jacksons have sold about 800,000 copies of their albums. Meanwhile, Jackson's songs have sold 12.9 million tracks in online sales and 1.5 million ring tones, accounting for a total of $429 million in music-related profits.
How does 9.8 million records + 12 million online tracks + 1.5 million ring tones yield 429 million in profits? That doesn't sound right at all....

eurochevy 06-21-2010 06:22 PM
Quote:
Originally Posted by 97ITR (Post 7000353)
How does 9.8 million records + 12 million online tracks + 1.5 million ring tones yield 429 million in profits? That doesn't sound right at all....
read the sentence BEFORE that and you'll see that the 9 MILLION albums and 800,000 from the jackson 5 account as most of the music-related profits

Ludepower 06-21-2010 07:08 PM
Michael was in huge debt prior to his death....the king was BALLING out of control though.

Hopefully no one is profiting from his death and all the money goes to his kids.

Presto 06-21-2010 07:19 PM
Quote:
Originally Posted by eurochevy (Post 7000412)
read the sentence BEFORE that and you'll see that the 9 MILLION albums and 800,000 from the jackson 5 account as most of the music-related profits
That still doesn't add up properly. How much is an album? Even if each album was a ridiculous price, like $100, that would still be far short of $429 million. I also seriously doubt that all $100 of that theoretical album revenue would go to the Jackson family. They are missing some information or moved a decimal point.

Mugen EvOlutioN 06-21-2010 07:23 PM
Quote:
Originally Posted by satek (Post 7000311)
He is still alive. He's hanging out with 2Pac.
oh.....ok

cool story


:thumbsup:

akalic 06-21-2010 07:44 PM
Breaking 10 figures isn't easy, but it certainly isn't impossible.

FerrariEnzo 06-21-2010 07:46 PM
Quote:
Originally Posted by Presto (Post 7000455)
That still doesn't add up properly. How much is an album? Even if each album was a ridiculous price, like $100, that would still be far short of $429 million. I also seriously doubt that all $100 of that theoretical album revenue would go to the Jackson family. They are missing some information or moved a decimal point.
Dont forget other stuff like this DVD.. which made $392million!! :damn:
"This is It DVD sales and broadcast have added another $392 million while his music publishing companies Mijac and Sony/ATV have made $130 million. Add another $35 million for licensing and touring and $31 million toward advances for album re-releases and unreleased material"

MJ=:bowrofl:


Quote:
Originally Posted by akalic (Post 7000495)
Breaking 10 figures isn't easy, but it certainly isn't impossible.
how many singers you know thats dead that makes this much?

Vansterdam 06-21-2010 09:08 PM
Quote:
Originally Posted by satek (Post 7000311)
He is still alive. He's hanging out with 2Pac.
don't forget biggie!

$_$ 06-21-2010 10:19 PM
joe jackson mad no more ...

tool001 06-22-2010 02:13 AM
doesn't his estate still owns the Beatles catalogue? hope the money goes to his kids before , his mother/joe and others get a to it.

Ulic Qel-Droma 06-22-2010 02:35 AM
Quote:
Originally Posted by satek (Post 7000311)
He is still alive. He's hanging out with 2Pac.
and elvis.

97ITR 06-22-2010 04:35 AM
Quote:
Originally Posted by eurochevy (Post 7000412)
read the sentence BEFORE that and you'll see that the 9 MILLION albums and 800,000 from the jackson 5 account as most of the music-related profits
I did include the 9.8 million albums. It just doesn't add up. Online tracks retail for like a buck and ringtones probably about the same. That's revenue and not even what the Jackson estate would end up with after everybody else takes their share. Even if we assume, for argument's sake, that the profit from online and ringtones sales were as follows.

12.9 Million online tracks * $1 = $12.9 million
1.5 Million ringtones * $1 = $1.5 million

That means the 9 million records and 800,000 jackson 5 records made up approx. $415 million dollars in PROFIT. I'm no music industry expert but I don't think the artist gets $40 from each record sale. $4.00 maybe...

FerrariEnzo 06-22-2010 05:21 AM
HIS DVD sales and broadcasts account for $392Million!

RRxtar 06-22-2010 07:57 AM
Quote:
Originally Posted by 97ITR (Post 7000953)
I did include the 9.8 million albums. It just doesn't add up. Online tracks retail for like a buck and ringtones probably about the same. That's revenue and not even what the Jackson estate would end up with after everybody else takes their share. Even if we assume, for argument's sake, that the profit from online and ringtones sales were as follows.

12.9 Million online tracks * $1 = $12.9 million
1.5 Million ringtones * $1 = $1.5 million

That means the 9 million records and 800,000 jackson 5 records made up approx. $415 million dollars in PROFIT. I'm no music industry expert but I don't think the artist gets $40 from each record sale. $4.00 maybe...
Quote:
Jackson's albums have moved nine million copies in the United States
overseas sales are probably 4-5 times that amount

DC5-S 06-22-2010 08:01 AM

Mancini 06-22-2010 10:00 AM
Shame it was an obvious lip sync.

daica-viet 06-25-2010 01:08 PM
wow even your dead your even worth more

skyxx 06-25-2010 01:15 PM
Quote:
Originally Posted by DC5-S (Post 7001032)
Lol Slash not actually playing his guitar and MJ lip syncing.

DC5-S 06-25-2010 04:28 PM
looks like hes playing to me

Onassis 06-26-2010 05:41 AM
How much have Biggie and Pac made since they passed ?


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