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Jackson On Course to Out-Earn Elvis

By Rob Quinn,  Newser Staff

Posted Aug 13, 2009 2:28 AM CDT

(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.

Michael Jackson rehearses at the Staples Center in Los Angeles in June.
Michael Jackson rehearses at the Staples Center in Los Angeles in June.   (AP Photo/ Kevin Mazur, AEG/Getty Images, file)
A shopper looks through Michael Jackson CDs in Tower Records store in downtown Tokyo.
A shopper looks through Michael Jackson CDs in Tower Records store in downtown Tokyo.   (AP Photo/Shizuo Kambayashi)
People watch a Michael Jackson DVD at a Tower Records store in Tokyo.
People watch a Michael Jackson DVD at a Tower Records store in Tokyo.   (AP Photo/Koji Sasahara)
The train station at Neverland Ranch is shown in Los Olivos, Calif. Neverland may be turned into a Graceland-style tourist attraction.
The train station at Neverland Ranch is shown in Los Olivos, Calif. Neverland may be turned into a Graceland-style tourist attraction.   (AP Photo/Chris Carlson, file)
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When you look at what the Presley estate has done, you see the opportunities here. I quite frankly think this will be a bigger estate. - John G. Branca, co-executor
of Michael Jackson's estate

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COMMENTS
Showing 3 of 3 comments
Spudsy
Aug 19, 2009 3:25 AM CDT
And OJ won his trial because the glove did not fit. So why is everyone so hard on OJ and MJ gets a state funeral for 1.4 mil?
Spudsy
Aug 14, 2009 4:10 AM CDT
I'll diss MJ for you. He won a trial and paid out millions in a civil suit. Just like OJ Simpson. But MJ is worth millions to Hollywood so he is forgiven for raping kids. Nice society we have here.
wwwonderer
Aug 13, 2009 5:00 AM CDT
Big deal. Next year's NBA 1st round picks will out earn Bill Russell .But they don't have the rings. This is not a dis of MJ, just a state of economics and the explosion of media outlets.

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