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Jackson On Course to Out-Earn Elvis
By Rob Quinn
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Posted Aug 13, 09 2:28 AM CDT
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(Newser)
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Michael Jackson's estate is bigger and healthier than it's ever been, the New York Times reports. A little over six weeks after his death, the late singer has raked in $100 million through merchandising and movie deals, and will likely earn another $100 million more before the end of the year. Jackson appears almost certain to overtake Elvis Presley as the world's top-earning dead entertainer.
"You have someone who left a mark on 6 billion people in the world,” remarked a licensing exec. Plenty of wrangling remains to be done over the estate, but executors hope next to either turn the singer's Neverland Ranch into a Graceland-style tourist attraction or build a permanent Jackson exhibit in Las Vegas.