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Michael Jackson has 'made $1bn' since his death

BBC Published Jun 22, 2010 Reviewed Jun 30, 2026 ✓ Reviewed by citations.press editors
Citation-ready fact
Michael Jackson's estate has made more than $1bn since his death a year ago.
more than 1 USD · estate revenue
Billboard, trade paper
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Citation-ready fact
Jackson died on 25 June last year at the age of 50.
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Citation-ready fact
Jackson's album sales have generated about $383m.
about 383 USD · album sales revenue
Billboard, trade paper
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Citation-ready fact
Revenue from the film This Is It has hit nearly $400m.
nearly 400 USD · film revenue
Billboard, trade paper
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Citation-ready fact
The new recording contract has estimated to have made $31m so far.
31 USD · recording contract revenue
Billboard, trade paper
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Citation-ready fact
The Sony Music Entertainment deal will release 10 albums over the next seven years.
10 albums · albums released
Billboard, trade paper
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Citation-ready fact
The estate is guaranteed between $200m and $250m for the deal.
at least 200 USD · guaranteed revenueat most 250 USD · guaranteed revenue
Billboard, trade paper
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Citation-ready fact
Billboard believes approximately $31m of this will have been paid in the last 12 months.
approximately 31 USD · paid in last 12 months
Billboard, trade paper
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Citation-ready fact
Revenue from tickets retained by fans as souvenirs and not refunded brought in about $6.5m.
about 6.5 USD · ticket revenue
Billboard, trade paper
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Citation-ready fact
Merchandise raked in $5m.
5 USD · merchandise revenue
Billboard, trade paper
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Citation-ready fact
Jackson's music publishing company, Mijac, currently has a value of around $150m.
around 150 USD · Mijac value
Billboard, trade paper
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Citation-ready fact
Mijac could have generated as much as $50m in the last year.
as much as 50 USD · Mijac revenue last year
Billboard, trade paper
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Citation-ready fact
Jackson's share of Sony/ATV's revenue is $80m a year.
80 USD · Sony/ATV revenue share
Barry Massarsky, Massarsky Consulting
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Michael Jackson's estate has made more than $1bn (£677m) since his death a year ago, according to estimates by trade paper Billboard.

The magazine says Jackson's album sales have generated about $383m (£259m), while revenue from the film This Is It has hit nearly $400m (£271m).

Profits from publishing rights, licensing and touring are also included in the total.

A new recording contract is estimated to have made $31m (£21m) so far.

The Sony Music Entertainment deal will see 10 albums of the late singer's music released over the next seven years, including one of previously unreleased material.

The estate is guaranteed between $200m (£135m) and $250m (£169.5m) for the deal but Billboard believes approximately $31m (£21m) of this will have been paid in the last 12 months.

Despite the This Is It tour never getting off the ground, revenue from tickets retained by fans as souvenirs and not refunded brought in about $6.5m (£4.4m), with merchandise raking in $5m (£3.4m), although concert promoter AEG has a cut of these profits.

Jackson's music publishing company, Mijac, currently has a value of around $150m (£102m), according to Billboard.

The magazine said Mijac could have generated as much as $50m (£33.9m) in the last year.

Jackson's estate also owns half of music publishing company, Sony/ATV.

Barry Massarsky of Massarsky Consulting estimated that Jackson's share of Sony/ATV's revenue is $80m (£54.3m) a year.

Other profits have come from DVD sales and rentals, downloads, royalties and ringtones.

Jackson died on 25 June last year at the age of 50.

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