Jackson On Course to Out-Earn Elvis

By Rob Quinn,  Newser Staff
Posted Aug 13, 2009 2:28 AM CDT
Michael Jackson rehearses at the Staples Center in Los Angeles in June.   (AP Photo/ Kevin Mazur, AEG/Getty Images, file)
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(Newser) – 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.