Michael Jackson Estate Extends Sony Deal

The estate of Michael Jackson has signed a contract extending its relationship with Sony Music. As part of the deal, Sony will partner on additional projects that the estate may produce during the term of the agreement. While terms of the deal, including its valuation, were undisclosed, sources say it’s for another seven years.More »

By mcarthurtiptoptux@comcast.net on December 17, 2017

The estate of Michael Jackson has signed a contract extending its relationship with Sony Music. As part of the deal, Sony will partner on additional projects that the estate may produce during the term of the agreement. While terms of the deal, including its valuation, were undisclosed, sources say it’s for another seven years. While the additional projects weren’t spelled out, they likely would include the additional six albums implied by the original 10-album contract. “Michael Jackson was an unsurpassed genius and an iconic force in music entertainment,” Sony Music CEO Rob Stringer said in a statement. “The music — and videos — he made as an artist as part of the Sony Music family are essential to pop culture history. We’re proud to be part of that history, and to find new innovative ways to make Michael’s music available to future generations of fans.” The announcement further noted that Jackson “ranks in the top five of all catalog artists for both audio streaming and video streaming for 2017, as well as in the top 5 of all artists for the combined audio and video streaming for 2013 – 2017.” Copyright(c) 2017 RTTNews.com. All Rights ReservedLess «

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