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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

No Avatar
31.

balls    

LEO
March 16, 2010

You should be able to have fun doing pretty much anything today. Your amazing energy might also sweep up others in your vicinity, so they may need to avoid you if they want to be grumpy.

1681 days ago
32.

nan    

well that is an amazing deal...i hope its good stuff

1681 days ago
33.

whatev    


Michael,
Oh how I wish you were here!
I will love you forever.
I will never stop missing you.
Can't wait for the new music.

Any haters out there....learn the truth.
Don't be fooled by the media...about Michael or anything else.

RIP MJ
XOXOXO

1681 days ago
34.

esteepttrsn    

i CAN'T WAIT FOR MJ MUSIC!!!!

1681 days ago
35.

tishMJfan    

"Piece by piece MJ is revealed" KO's quote in This Is It.....jus sayin'

1681 days ago
36.

Rachel    

michael is the KING and he shall rule the charts again...

What a "thrilling" time to be alive..................................!!

1681 days ago
37.

_earthSong_    

7EVEN

1681 days ago
38.

Daphne Lorincz    

Looking forward to buying whatever MJ. Love you. Lets keep his music legacy alive. Go Branca team go.

1681 days ago
39.

WillOTheWisp    



Yeaaaaaa Michael!!!!!

I can't wait to hear his voice again!!! That's what I'm talking about!!! His MUSIC!!!

Did anybody read where Omar is telling MJ's 3, that he's their daddy and even went as far as changing his name to Omar Michael Bahatti?

I think the sand has washed off that dude's beach!!! Seriously!!!

1681 days ago
40.

Tara    

"UNBREAKABLE" records!! You rock MJ



You can't believe it, you can't conceive it
and you can't touch me, 'cause I'm "untouchable"
and I know you hate it, and you can't take it
You'll never break me, 'cause I'm unbreakable

1681 days ago
41.

mjjfan50    

Great! new music for the fans, opportunities to keep MJ's legacy going strong, future earnings for MJ3, the estate cabable of paying down the debt = win, win, win


WTG Team Branca!

1681 days ago
42.

sc341    

TO TMZ STAFF: NOW THAT HE JUST GOT THE BIGGEST RECORDING DEAL IN HISTORY ($250 MILLION) COULD YOU PUT UP A BETTER PICTURE WITH YOUR STORY? OTHERWISE I WON'T BE COMING TO YOUR SITE. THIS STORY IS ALREADY ALL OVER THE INTERNET, YOU'RE NOT THE FIRST.

1681 days ago
43.

Anne    

What's a news!
looking forward for those album!

we love you more,
Ann



1681 days ago
44.

susie    

at least 3 albums????????????????????
Am I wrong or there were more than 100 unreleased songs in the hard disk?
ahahahah he heeeeeeeeee

1681 days ago
45.

WillOTheWisp    


5. "The future of Michael Jackson is unlimited" per John Branca. Except for the part where he is dead.

Posted at 11:03PM on Mar 15th 2010 by a fan



Touché !!! One is dead only when there is no mention of one’s name, and the memories of that one have long faded away!! Therefore, Michael LIVES!!! Yeaaaaaa!!!!!

1681 days ago
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