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Morning click: Jackson estate lands enormous record deal

Michael JacksonTen new Michael Jackson albums will be released over the next seven years. (AP Photo/Alan Greth)

By Ally Schweitzer

- Michael Jackson's estate and Sony Music have made a deal to release ten Jackson albums over the next seven years, a contract worth $250 million, the biggest in the history of the recording industry. All material will come from Jackson's cache of unreleased songs, some of which he wrote in his troubled last years. The first new record is scheduled for a November release.

- Inspiration: Deceased director Sydney Pollack's lost film about the recording of Aretha Franklin's landmark 1972 gospel album "Amazing Grace" may finally be released. Watch this trailer of the documentary and try to not get chills.

- Chris Richards and David Malitz flew off to Austin this morning for South by Southwest. Be sure to check this blog for updates from the megafestival!

By Ally Schweitzer  |  March 17, 2010; 8:30 AM ET
Categories:  Morning click  | Tags: Michael Jackson  
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Next: SXSW: David Malitz's 10 must-see bands

Comments

Regardless of a very big number of stories on Michael Jackson debts and financial situation, there is no media that revealed a complete situation on this issue. How much money MJ estate earned since the star died? How much money went to his kids? How much to the estate? How much money went to cover his debts? What are estimated profits of the SONY from this deal? How much money SONY got from MJ since 80-s and how much MJ received during the same time?
Is anyone going to finally say the true story - a complete and revealing one!

Posted by: mjinjustice | March 17, 2010 3:23 PM | Report abuse

When Sony announced the release of the film "This Is It", I thought to myself, "The man is dead, and he's still being exploited." And now, a monstrous deal has been struck to send previously unreleased Michael Jackson material into the world, which is guaranteed to rake in large profits. Does the executive board at Sony never stop seeing dollar signs? I just hope a decent amount of the money goes to his children and his estate. Otherwise, out of respect for the dead (and his family), I think people should boycott this scheme.

Shame on Sony.

Posted by: InInterest | March 17, 2010 3:39 PM | Report abuse

Jane Velez-Mitchell will be talking about Michael Jackson and drugs tonight on her show "Issues." She also knows all about addiction because she is a recovering alcoholic.

Posted by: DeniseHubbard | March 23, 2010 1:32 PM | Report abuse

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