Sony And Jackson's Estate Sign 'Most Lucrative' Deal Ever
Time, Wall Street Journal, Tuesday, March 16, 2010 10:45 AM
Time's Quote of the Day comes courtesy of Rob Stringer, chairman of Sony's Columbia Epic label: "There may be theater. There may be films and movies. There may be computer games."
Read the whole story at Time, Wall Street Journal »
He's referring to the deal cut with the specter of Michael Jackson, which guarantees his estate at least $200 million over seven years and is being touted, according to Ethan Smith in the Wall Street Journal, as the most lucrative recording contract ever. "Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage," Smith writes.
As far as the music itself goes, an album containing previously unreleased songs is scheduled for 2010 release; another will follow. Expanded reissues of the "Off the Wall" and "Bad" albums are also likely as are collections of remixes.
Recent Around the Net In Brand Marketing Articles
-
Macy's New Campaign May 21, 8:05 a.m.
Macy’s is rolling out Americana in a new marketing campaign throughout 850 stores that encircles Independence ... -
Barbie Is Househunting May 21, 8:05 a.m.
Toymaker Mattel has hired a team of interior designers to create three “dream houses” — in ... -
Forget Flicks, U.S. Will Export Machinery May 21, 8:05 a.m.
Crappy movies will not be the main U.S. export in coming years. The good news for ... -
Darden Testing New Bar Concept May 21, 8:05 a.m.
Darden Restaurants Inc. is testing a new bar concept called Atrium that serves a dual-branded Olive ... -
Sure, C-Store Stops This Summer May 21, 8:05 a.m.
For summer travelers, convenience store stops will be part of the trip. According to this month's ... -
Driverless Cars; Yeah, We'll Get One Of Those May 21, 8:05 a.m.
Google's driverless car project may turn out to be a gold mine if sentiment research has ... -
Domino's Brazil: DVD Boxes That Smell Like Pizza May 20, 8:05 a.m.
Domino’s Brazil is launching a “smellvertising” campaign. A YouTube video explains how a special thermal ink on ... -
YouTube Lets You Shop Products On Videos May 20, 8:05 a.m.
Google is releasing a new "channel gadget" that will aim to shorten the path to purchase and translate ... -
Cracker Jack Ties With Ashley Tisdale May 20, 8:05 a.m.
New Cracker Jack’D in town isn't your grandfather’s caramel-covered popcorn snacking food. The rebranded and remodeled ... -
More States Consider Raising Tobacco-Use Age May 20, 8:05 a.m.
In April, several members of the New York City Council introduced legislation that would raise the ...
Be the first to comment on "Sony And Jackson's Estate Sign 'Most Lucrative' Deal Ever "
Leave a Comment