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.
Showing posts with label micheal jackson. Show all posts
Showing posts with label micheal jackson. Show all posts
$300 million worth museum to be built in the memory of Michael Jackson.
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A $300 million (£204 million) museum and arts centre dedicated to Michael Jackson could be built next year, according to his father Joe Jackson.
Gary Mayor Rudy Clay said the project would create thousands of jobs and, when finished, was expected to bring at least 750,000 visitors a year to the city. He estimated it would generate $100 million (£68 million) to $150 million (£102.37) in income for the community each year.
"This project will be the magnet that will draw people from all over the world," Clay said.
The money to build the Jackson Family Museum and Hotel and the Michael Jackson Performing Arts and Cultural Center and Theatres will come from investors and donations, Clay said.
Gary Mayor Rudy Clay said the project would create thousands of jobs and, when finished, was expected to bring at least 750,000 visitors a year to the city. He estimated it would generate $100 million (£68 million) to $150 million (£102.37) in income for the community each year.
"This project will be the magnet that will draw people from all over the world," Clay said.
The money to build the Jackson Family Museum and Hotel and the Michael Jackson Performing Arts and Cultural Center and Theatres will come from investors and donations, Clay said.
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