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06-21-2010, 04:32 PM
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#1 | | I *heart* Revscene.net very Muchie
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| 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.
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06-21-2010, 04:34 PM
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#2 | | Even when im right, revscene.net is still right!
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rip king of pop
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06-21-2010, 04:37 PM
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#3 | | My dinner reheated before my turbo spooled
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Don't stop till you get enough!
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06-21-2010, 04:40 PM
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#4 | | My homepage has been set to RS
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He is still alive. He's hanging out with 2Pac.
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06-21-2010, 05:16 PM
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#5 | | y'all better put some respeck on my name
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Hopefully most of the money will go to his kids.
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06-21-2010, 05:28 PM
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#6 | | Diagonally parked in a parallel universe
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| 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....
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06-21-2010, 06:22 PM
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#7 | | RS controls my life!
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| Quote:
Originally Posted by 97ITR  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
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06-21-2010, 07:08 PM
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#8 | | My dinner reheated before my turbo spooled
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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.
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06-21-2010, 07:19 PM
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#9 | | Zombie Mod
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| Quote:
Originally Posted by eurochevy 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.
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06-21-2010, 07:23 PM
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#10 | | Banned (BBM)
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Originally Posted by satek He is still alive. He's hanging out with 2Pac. | oh.....ok
cool story  | |
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06-21-2010, 07:44 PM
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#11 | | Where's my RS Christmas Lobster?!
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Breaking 10 figures isn't easy, but it certainly isn't impossible.
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06-21-2010, 07:46 PM
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#12 | | I answer every Emotion with an emoticon
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| Quote:
Originally Posted by Presto 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!! 
"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=  Quote:
Originally Posted by akalic Breaking 10 figures isn't easy, but it certainly isn't impossible. | how many singers you know thats dead that makes this much?
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06-21-2010, 09:08 PM
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#13 | | ESKETIT
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Originally Posted by satek He is still alive. He's hanging out with 2Pac. | don't forget biggie!
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06-21-2010, 10:19 PM
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#14 | | I subscribe to Revscene
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joe jackson mad no more ...
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06-22-2010, 02:13 AM
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#15 | | My homepage has been set to RS
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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.
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06-22-2010, 02:35 AM
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#16 | | I keep RS good
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| Quote:
Originally Posted by satek He is still alive. He's hanging out with 2Pac. | and elvis.
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06-22-2010, 04:35 AM
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#17 | | Diagonally parked in a parallel universe
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Originally Posted by eurochevy 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...
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06-22-2010, 05:21 AM
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#18 | | I answer every Emotion with an emoticon
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HIS DVD sales and broadcasts account for $392Million!
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06-22-2010, 07:57 AM
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#19 | | what manner of phaggotry is this
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| Quote:
Originally Posted by 97ITR 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
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06-22-2010, 08:01 AM
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#20 | | I subscribe to Revscene
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06-22-2010, 10:00 AM
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#21 | | I *heart* Revscene.net very Muchie
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Shame it was an obvious lip sync.
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06-25-2010, 01:08 PM
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#22 | | Captain Happy Bubble is my Homeboy
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wow even your dead your even worth more
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06-25-2010, 01:15 PM
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#23 | | Unofficial Tin Foil Hat Specialist.
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| Quote:
Originally Posted by DC5-S | Lol Slash not actually playing his guitar and MJ lip syncing.
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06-25-2010, 04:28 PM
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#24 | | I subscribe to Revscene
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looks like hes playing to me
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06-26-2010, 05:41 AM
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#25 | | Banned By Establishment
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How much have Biggie and Pac made since they passed ?
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