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Michael Jackson Estate

Inks Record,

Record Deal

3/16/2010 9:10 AM PDT BY TMZ STAFF


0630_mj_exd_tmz_06-1TMZ has confirmed the Michael Jackson estate has signed the biggest deal ever in music -- worth up to $250 million with a guarantee of $200 million.

The estate made the deal with Sony Music Entertainment -- the contract is for 10 projects over seven years.

One album will debut in November, which contains never-before released recordings. We're told Jackson left enough material for at least three albums of fresh material.

A source tells TMZ the royalty rate on foreign sales is the key to the deal -- and 2/3 of the sales of MJ records traditionally have been outside the U.S.

And we're told Sony gets a two-year extension for the right to distribute the Michael Jackson catalog -- to 2017.

The deal has nothing to do with The Beatles' catalog -- it's all about MJ original recordings.

The agreement was brokered by John Branca and John McClain, executors of the MJ estate.

684 COMMENTS

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| 1 | 2 | 3 | 4 | 5 | 6 | 7 | Most Recent | Next 15 Comments
2.

anne1536    

All the singers illuminating the music charts, get ready to have your butts kicked off by Michael Jackson the King of Pop! He's a thriller, he's bad, he's dangerous, he's INVINCIBLE!

1627 days ago
3.

Butterfly    

MOVING QUICKLY

A senior executive at another major label agrees that the deal is a wise investment, while observing that the speed at which it was completed suggests "just how much debt pressure there must be on the heirs." The executive adds that "the important thing now is for Sony to handle the assets and fans with care and respect and not overlook the demand at the moment."

The contract is also a testament to Jackson's worldwide appeal, Gumina says.

"When you're dealing with icons like Michael Jackson and Ray Charles," he says, "their appeal in the international markets is remarkable, so you're not just selling product in North America. If there are some great Michael Jackson recordings in the Sony vaults, this should be the best catalog investment they have ever made."

The key to maximizing this kind of material is respecting the artist's legacy and recognizing that less is more. "There is no urgency to rush these out," Sillerman says. "Being respectful of the integrity of the original creation and the original audience is something that the estate and the label know as well as anything."

Sustaining interest in any legacy act in the long term remains a challenge. But not every legacy act carries Jackson's cachet. "This deal shows you the power of the Michael Jackson brand," says Larry Mestel, CEO of Primary Wave Music Publishing, which owns a stake in Kurt Cobain's song catalog. "There are only a handful of artists who have that type of power. That's why Sony was very smart to make that deal."

Sillerman adds, "There are other world-class acts that I don't think have the reach and impact that Michael and Elvis have. I would put the Beatles up there and also the Rolling Stones."

Branca says there will always be interest in Jackson. "Look what happened with Elvis," he says. "To this day, there's interest in Elvis. And I think there will be enduring interest in Michael. It's our job to continue to expose Michael to new generations."

1627 days ago
4.

Jan    

1627 days ago
5.

Butterfly    

“It’s not just a record deal,” said chairman of Sony’s Columbia/Epic Label Group Rob Stringer.

“We’re not just basing this on how many CDs we sell or how many downloads. There are also audio rights for theater, movies, computer games. I don’t know how an audio soundtrack will be used in 2017, but you’ve got to bet on Michael Jackson in any new platform.”

Expect to see some hyper-flexible leotard-bearing trapeze artists from Cirque du Soleil twirling to the music of Michael sometime soon in Las Vegas, i.e. The Beatles’ Love.

So what would you rather have: Michael alive at the young age of 51-years-old or some musicals on Broadway and in Las Vegas with people singing his songs and some albums of unreleased, unwanted songs?

1627 days ago
6.

Sophie    

1626 days ago
7.

Cher    

Bright lights, Big City -Pt.1...
Okay so I've been gone for a bit visiting Orlando and one of Michael's fave places--Disney! Had a great time especially at Animal Kingdom (that Nemo show is great and the Lion King's singers Rock!) My only issue was they didn't bring back Captain EO like Disneyland did--BUMMER! Anyhoo, it was still a lot of fun even when that Yeti/Everest ride rattled our brains...
So, bear with me while I do a bit of catching up. I'm going to try to nail this in 3 parts. Like to hear it? Here it goes:
-#641,646,705--SONY, not the one and only: I am a bit torn over the deal with Michael's music catalog and Sony. Problem is, although I am DYING to hear anything old or new from him--I L.O.V.E. him and his work so much, the fact is, I am now aware that SONY is going to profit and may be setting themselves up to steal Michael's part of the SONY/ATV catalog and worst yet--the MIJAC catalog. Now, I already have a problem with SONY, but if they do this, I will never want to purchase anything to do with them ever again and will actively campaign against them. Here's the hitch: How do I continue to support Michael's legacy without helping the piggish SONY? Well, I have to admit that I've spent a fair amount of time thinking about it since the word came out about the new deal with SONY and I finally came to this conclusion: I have to do whatever I can to support Michael because it's more important to me that his legacy of music continues than waste time trying to stop SONY's gravy train. Bottom line, I believe in God and I believe in justice so I trust that SONY and anyone else behind the devious scheme to takeover Michael's empire will get everything that's coming to them...and I'm not talking about publishing or money...
BTW--Dahzillig, so good to hear from you! However, one thing you wrote that I don't agree with is that Michael worked hard for nothing. It's true that he literally killed himself working for his family and the fans but you have to remember 2 things: No matter how bad it looks with SONY taking over and cashing in, Michael was still victorious in that he achieved a legendary status that only few have enjoyed--and got there in such pioneering and innovative ways so that to this day critics are still dumbfounded as to how he did it. The second thing is, Michael had an allure or anointing, if you will, that drew millions to him through his music which was his primary platform to advocate spreading love and saving the world...but if he hadn't accomplished all he did, if the only accomplishment he had is that he captivated the attention and support of people like you, then he has more than done his job and has more than reaped the benefits of his hard work...

-#658,717:Thanks Jan for your wisdom--I totally agree. The name SONY has left a bad taste in my mouth ever since they allowed Mottola to disrespect Michael. Thing is, it may have been Mottola's ride, but SONY as a company was right there backing him on it and they allowed everyone to point Michael out as being "crazy as usual." The worst part about it is Michael was left way out on a limb when he called Mottola out--noone came to his defense, even Sharpton. They said his accusations against Mottola were unfounded and that noone in the music industry supported him in his vendetta, but I think that's crazy. Anyone with half a brain should realize that there was more to what Michael accused Mottola and SONY of than meets the eye. Of course, Michael didn't spell it out--that's not his style, but when he went as far as to call Mottola 'devilish', I think there was some pretty heavy stuff going on there...that was when I really started to think maybe that talk about the Illuminati controlling the music industry was beginning to make more sense...
BTW: Thanks again Butterfly for another informative post. In my research I've only gotten bits and pieces of the story behind Michael calling Mottola devilish and raging against SONY. This article totally lays it out for the world to see; all they wanted to do is set him up to where he would need to borrow from them, and when he did, they pulled the rug out from under him by sabotaging the sales of Invincible. Anybody who listens to that album will have a "Huh? moment" when they hear it wasn't the best in sales even though as a matter of fact, it outsold most of the artists of today. But it's articles like this that make me have trust issues with SONY and anyone remotely connected to them including Branca and Dileo...
-#653,650--: Janala, let me just say that I'm totally with you regarding Michael being above all of this now and in a better place--beautiful...but I have a few bones with the executors--namely Branca. My problem is that they seem to be like everyone else in Michael's circle--LEECHES! Here's why: They are getting paid billable hrs. which we know is sky high since they're lawyers and then they go and ask

1621 days ago
8.

Cher    

Bright Lights, Big City - Pt.2...
#640,649,664,665,672--Half-baked Halperin: Ian Halperin doing a film in his second attempt to cash in on Michael? No surprise there! And now he's gonna twist it to being a tribute? I find that hard to believe coming from the man who manufactured 2 actor-wannabes in his attempt to set off a gay bombshell at Michael's expense--after he passed and was unable to refute it, to boot. There is no way I'm going to support anything that comes from this con artist and advise anyone who really supports Michael to do the same.
-BTW: Kudos by myself! You made some great points about Ian and his connection to Michael's demise. I have to admit I totally missed the loop on how he was able to predict Michael's death to the month--does make you wonder...especially since he claims he infiltrated Michael's inner circle...and we know who was supposedly in that circle, right? Tohme, Nanny Grace, DiLeo and AEG...hmmmmm.......
-#643--Michael and The Book: Sorry Janala, but I have yet to find what I consider an authentic and thorough book on Michael to date. I've read several--Randy Taborrelli's book was pretty good as written back in the 80's. I haven't read his updated version but heard it contains no new info anyway. As for Moonwalk, I do think it's the best of the books out there because Michael wrote it himself, but as you stated, it was written before all of the crises occurred--still, I love it and highly reccommend it to everyone. I have also read some pretty good articles on Michael--Rolling Stone even put together a book of the various articles they had on him and they do a pretty good job of staying objective even if they do have a tendency to sound a bit jaded toward Michael--as most people do when they don't 'get' him. I think that's the key. If there could be an author who got practically first hand info on Michael and was able to write about it in an objective manner, not judging nor sugar-coating, but with the ability to understand what made him tick...or accept not being able to understand it yet have an appreciation for his genius. If we could find someone like that, with thoroughly researched facts to back them up, then we'd have the book of the century...
-#671--Get the Point? Good: Who wrote this piece of trash and what planet are they living on? Heal the World was a top 10 hit for Michael, and "They don't care about us"- ludicrous? What's really ludicrous is that they wasted time writing this irresponsible article based on negative gossip and ZERO RESEARCH! Every person I know--including non-fans/supporters LOVE "They don't care about us." People really need to get over it. Just because a Michael song is not from his "Bandwagon Era" when everyone thought it was politically correct and safe to love him, doesn't mean it isn't a good song. I've noticed this awhile back; any song he made after the allegations--pretty much from "HIStory" to date, tends to get a bad rap. Makes me wonder what they would've said if the allegations never went down. Bottom line, any person who disses Michael's more recent music is more likely someone who hasn't really listened to or HEARD it. If you really listen to songs like "They don't care", "Earth Song", "Morphine", "Butterflies", "Is it scary" or "Stranger in Moscow" you will learn a lot about Michael and get a sense of what was going on in his world at that time. It's simple: he had moved on from the basic structures of beautiful dance music into the complex structures of brilliant music and lyrical compositions...EAT THAT!
-#706: Thanks Nan for the post about Wall St. Journal--in fact, Michael will continue to bail out the music industry until they can produce artists who include 'innovation' and 'craft' in their vocabulary e.g. Gaga(despite the trappings she rocks!) and Beyonce. If they continue to push 'recording artists' who base their craft on Autotune, they will continue to slide into the abyss of nothingness...bottom line, quit insulting our intelligience with this crap!
--To be continued...
No Peace till Justice!
MICHAEL--IL.O.V.E.U4EVER.......

1621 days ago
9.

Cher    

Bright Lights, Big City - Pt.3
Okay, so finally, here's the epilog:
-#648--The Prodigal: Let me say this, you have a right to your opinion but although I understand these scriptures your quoting, there is no way for you or I to KNOW where Michael is right now because we're not God. Ever heard the saying "You have no heaven or hell to put him in?" Furthermore, what do you think is gained by making such inflammatory statements on a thread like this. Do you really think it's necessary to offend people by posting this? Better question: Who do you think will listen or have respect for you in the wake of this attack? If you really knew your Bible, you'd know the Jesus would never say anything that would alienate a potential believer. He would embrace them and find a common bond--in this case, that bond is Michael. And if you knew Michael at all, you'd know that he gave all credit and praise to God for his genius/talent. But of course, you already knew these things, right...
As you stated, we don't know that Michael didn't receive Jesus before he died--matter of fact, Andrae and Sandra Crouch claim that he did. Apparently he asked them what made Christian believers raise their hands and "feel the spirit", and the Crouch's explained it came from having a personal walk with God, then at Michael's request, they prayed and stated he received Jesus as his personal Saviour. Now of course, there is still no first hand 'proof' of this, but since he and the Crouch's had a strong working relationship, it wouldn't surprise me if it did happen as Michael did seem to be looking for something to hold onto to once he got through his crises of 1993-2008. Even Jermy attested to this whe he talked of Michael's fleeting interest in the Muslim religion...which Jermy says he did NOT convert to in the end.
Bottom line, the way Michael lived his life and the faith AND works he did will put most Christians I know in check--myself included! He was truly one of the few people I know of that put his faith where his mouth was, and totally tried to live his life the way Jesus would. Yes, I know some are thinking of the drugs, but ever heard of another saying, "There but for the grace of God, go I"? Any issues Michael had in life is only a testament that he was only HUMAN, after all, like the rest of us. The difference is he was among those who tried to rise above his flesh and actively give of himself through his work/celebrity...may we all strive to do half as much...
-#724: Anne--I couldn't have said it better myself...GON' GIRL!!
-#728--To Michael or not to Michael: The answer to that question is easy: I'll take Michael alive any day of the week! Others singing his music and doing shows in Tribute is great, but in truth, it only makes me crave for the REAL DEAL...My MICHAEL!!
-#732,733, et.al--Obama Drama: No offense, but as much as I support our President, this is NOT his website or about him. And last I checked, I didn't hear him rushing to support Michael except for a few isolated comments he made when cornered by the press about Michael's passing. Call me one-track, but my theme song for him is "What have you done for Michael, lately?"
-#644--Understanding Michael: Thanks Butterfly for sharing this brilliant post with us. I read it before on another thread and loved it then because it almost feels like they're reading my mind. So true--there is no defining Michael, who is a genius, wunderkind, and force of nature...BEAUTIFUL!!
No Peace Till Justice!
MICHAEL--IL.O.V.E.U4EVER....

1621 days ago
10.

nan    

Posted at 7:08PM on Mar 19th 2010 by myself

Read more: http://www.tmz.com/2010/03/16/michael-jackson-record-deal-sony-entertainment-albums-music-estate/49#comments#ixzz0is3XK6FO


i am just suspicious of everyone around mj and his cash and fame..if i cant figure out who to trust ..how could he ??

i cant imagine being in his shoes..

1625 days ago
11.

Butterfly    

I have missed your comments Cher, nice to see you.(I`m waiting/hoping that Capt. EO comes to Euro Disney)

First time i complete agree with your post! Makes me hmm, LoL

LOVE AND MISS MJJ

1621 days ago
12.

emjayjay    

Nan

I'm with you on that one. I never have and still don't trust anyone who has been around MJ. And i don't think i ever will, EXCEPT HIS KIDS. Everyone seems to have wanted to be close to him just to profit from him. Even in death, a lot still want to be connected to him THROUGH HIS KIDS, just for $$$$$$$$$$!

Just be careful with those so-called Biographers like i've mentioned b4 JRT (Randy T)did not know MJ to the extent he claims to have, FULL STOP! All for money, he's just like evrybody else who has profited off of MJ's name and will continue to.

1625 days ago
13.

David King    

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Read more: http://www.tmz.com/2010/03/16/michael-jackson-record-deal-sony-entertainment-albums-music-estate/#ixzz0j3Ll2Dg8

1624 days ago
14.

David King    

Join me in support of Barack Obama's Presidency with my song 'Obama For The World'! It's about how all the different things about Barack Obama seem to symbolize his destiny as the 44th. U.S. President! As it is embraced it will also represent the overwhelming support of the world for the positive direction that it is heading, in which President Obama is the leading example! This is the world's theme song for Barack Obama's Presidency!

Watch 'Obama For The World' video! http://www.youtube.com/watch?v=2LBrM9bZE64

Haiti, Chile, Indonesia & etc... have been hit by massive Earthquakes & Tsunamis in recent years killing hundreds of thousands of people, creating massive homelessness, poverty & despair! Help me raise 1 Trillion Dollars for the Relief, Rebuilding & Renaisance of world disaster victims by downloading my music! www.nimbitmusic.com/davidking.2

1624 days ago
15.

David King    

Join me in support of Barack Obama's Presidency with my song 'Obama For The World'! It's about how all the different things about Barack Obama seem to symbolize his destiny as the 44th. U.S. President! As it is embraced it will also represent the overwhelming support of the world for the positive direction that it is heading, in which President Obama is the leading example! This is the world's theme song for Barack Obama's Presidency!

Watch 'Obama For The World' video! http://www.youtube.com/watch?v=2LBrM9bZE64

Haiti, Chile, Indonesia & etc... have been hit by massive Earthquakes & Tsunamis in recent years killing hundreds of thousands of people, creating massive homelessness, poverty & despair! Help me raise 1 Trillion Dollars for the Relief, Rebuilding & Renaisance of world disaster victims by downloading my music! www.nimbitmusic.com/davidking.2

1624 days ago
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