Whatever Michael Jackson’s actual debts were at the time of his death (some articles put it at approximately $400 million) may be a moot point once the royalties start rolling in. A good portion of these royalties are being accumulated while we speak, with millions of records and songs being purchased/downloaded since his death. Because of his early success, he was able to negotiate a much more favorable royalty rate for his recordings than your average artist. And in September, with the Beatles’ catalog being re-released and the the group’s Rock Band edition game going on sale, the Jackson estate looks to have an almost unimaginable windfall since Michael was part owner of the the Beatles’ publishing.
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